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    196 Rockaway Ave Valley Stream, NY 11580

    For Sale
    $1,199,999

    MULTI_FAMILY - Valley Stream, NY

    Lot size:
    0.05 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 196 Rockaway Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    5
    Bathrooms
    3
    APN
    2035-37-124-00-0137-0
    Interior features
    First Floor Full Bath, Ceiling Fan(s), Quartz/Quartzite Counters
    Basement
    Full
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil
    Water source
    Public

    Building Details

    Year built
    1911
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Brick

    VORO LLC (516) 279-1689 [email protected]

    Listing agent Richard Ramlagan (347) 968-6993

    Listing date Nov 7, 2025

    MLS# 933147 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Valley Stream Mixed-Use Income Property

    This income property in Valley Stream presents an opportunity. The first floor features a commercial space currently occupied by a liquor store, complete with an office and two separate entrances. The second floor houses two apartments. One unit includes three bedrooms, a living room, a full bathroom, and a kitchen. The second unit offers two bedrooms, a living room, a full bathroom, and a kitchen. Each unit has its own electric meter. The property is situated on a lot measuring 0.0459 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wine and Liquors Wine Store Martins India Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wild Iris Inc, Stefan's Flowers Inc

    Location Insight

    • Map
    • Local Demand
    City
    Valley Stream
    County
    Nassau
    State
    New York
    Longitude
    -73.699714
    Latitude
    40.661729

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    FAQs

    What type of property is this?
    Storefront property - Mixed-use property with commercial space and two apartments in Valley Stream.
    Where is this storefront property located?
    The property is located at 196 Rockaway Ave Valley Stream, NY.
    What is the asking price?
    The asking price for this property is $1,199,999.
    What are key features of this property?
    This property features: - Income-generating property with a commercial space (liquor store) on the first floor.; - Two apartments on the second floor, one with **three bedrooms** and one with **two bedrooms**.; - Each unit has its own separate electric meter.
    (347) 968-6993
    Request Owner's contact information
    196 Rockaway Ave Valley Stream, NY 11580
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    Valley Stream, NY 11580
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    196 Rockaway Ave Valley Stream, NY 11580
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