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    9015/17/19 Rockaway Blvd Jamaica, NY 11416

    For Sale
    $3,200,000

    Corner property with diverse tenants, income, and development potential.

    Lot size:
    0.15 Acres

    Property Features for 9015/17/19 Rockaway Blvd

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1935

    Source: Akcess24Homes Inc Agent Serina Bakkali

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Property Investment Opportunity

    This corner property presents an investment opportunity with a net income of $165,000 and a cap rate of 5.16%. The property is currently occupied by a diverse mix of tenants, including a cafe with a one-bedroom apartment, an insurance office, a nail salon, a mechanic shop, and a parking space. There is also a vacant land parcel included. The property's prime corner location offers high visibility. Future development potential exists for residential units. This property is located at 9015/17/19 /25 Rockaway Blvd, Queens, NY 11416.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.849358
    Latitude
    40.682099

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    FAQs

    What type of property is this?
    Strip mall - Corner property with diverse tenants, income, and development potential.
    Where is this strip mall located?
    The property is located at 9015/17/19 Rockaway Blvd Jamaica, NY.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - High Net Income: $165,000; - Attractive Cap Rate: 5.16%; - Prime Corner Location with High Visibility
    (718) 722-1017
    Request Owner's contact information
    9015/17/19 Rockaway Blvd Jamaica, NY 11416
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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
    9015/17/19 Rockaway Blvd Jamaica, NY 11416
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