Corner Mixed-Use Income
8218 ROCKAWAY BLVD Jamaica, NY 11416
8218 ROCKAWAY BLVD, Jamaica, NY, 11416
$3,200,000
For Sale
$3,200,000
Mixed-use corner property with 1BR apartment, cafe, multiple commercial spaces, parking, and vacant land.
Days on Market924
Property Features for 8218 ROCKAWAY BLVD
General Information
- Standard status
- Active
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1935
Listing agency
Akcess24Homes Inc
(718) 722-1017
Listed by
Serina Bakkali
(718) 722-1017
Source
Xome
Added: Jan 10, 2024 Updated: Jul 21 at 5:06AM Checked: Jul 21 at 5:06AM
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 Akcess24Homes Inc
Investment Insights
Based on property information with market context.
For sale at 8218 ROCKAWAY BLVD, JAMAICA, NY 11416, this corner mixed-use income property is presented with stated annual net income of $165,000 and a 5.16% cap rate. The mix includes a 1BR apartment and a cafe, along with additional flat buildings housing an insurance office, a nail salon, and a mechanic shop. The offering also includes a parking space and vacant land.
The property is marketed as a potential long-term holding with room for future residential development, depending on approvals. Investors and operators can review the tenant and space mix as part of a package geared toward steady cash flow.
The property is marketed as a potential long-term holding with room for future residential development, depending on approvals. Investors and operators can review the tenant and space mix as part of a package geared toward steady cash flow.
Key Highlights
- Net income of $165,000 and a 5.16% cap rate (per public remarks).
- Mixed‑use corner property with a 1BR apartment and a cafe, plus multiple commercial spaces.
- Commercial tenants/spaces listed include an insurance office, nail salon, and mechanic shop (per public remarks).
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use corner property with 1BR apartment, cafe, multiple commercial spaces, parking, and vacant land.
Where is this mixed-use property located?
The property is located at 8218 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: Net income of $165,000 and a 5.16% cap rate (per public remarks).; Mixed‑use corner property with a 1BR apartment and a cafe, plus multiple commercial spaces.; Commercial tenants/spaces listed include an insurance office, nail salon, and mechanic shop (per public remarks).
