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Corner Property Investment Opportunity
For Sale
$3,200,000

9015/17/19 /25 Rockaway Blvd, Queens, NY 11416

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

Property SizeContact for details
Lot Size0.15 Acres
Days on Market266

Property Features for 9015/17/19 /25 Rockaway Blvd

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $35,515

Building Details

Year Built 1935
Listing Agency:
Listed By: Serina Bakkali
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 20 at 10:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serina Bakkali

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • High Net Income: $165,000
  • Attractive Cap Rate: 5.16%
  • Prime Corner Location with High Visibility

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Real Estate Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,578
Businesses Nearby

Demographics for 11416, NY

28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

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 /25 Rockaway Blvd Queens, 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
More about this property
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