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1404 Rockaway Pkwy, Brooklyn, NY 11236

Single-story retail building in Canarsie with strong income potential.

Property Size16,000 SF
Lot Size0.17 Acres
Price / SF$309.38
Days on Market194

Property Features for 1404 Rockaway Pkwy

General Information

Standard status Active
Size 16,000 SF
Class A
Lot size 0.17 Acres
Property subtype Retail
Zoning R5-D/C1-3

Building Details

Stories 1
Units 1
Listing Agency: Tri State Commercial
Listed By: Shlomi Bagdadi · License #NY 10311204539
Source: Crexi
Added: Mar 26 Changed: Oct 1 Last Checked: Oct 4 at 8:39AM

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 Tri State Commercial

Investment Insights

Based on property information with market context.

Located on Rockaway Parkway in Canarsie, Brooklyn, 1404 Rockaway Parkway is a single-story commercial property offering 8,000 square feet on the ground floor with an additional 8,000 square foot full basement. The property is situated on a lot measuring 75 x 106 square feet. The building is located on a heavily trafficked block across from a municipal parking lot and is surrounded by national tenants. The property can be delivered vacant, offering flexibility for an owner-user. A triple-net Walgreens lease is in place through March 2028 at $50,000 per month. The location benefits from strong visibility and steady foot and vehicle traffic along the Rockaway Parkway corridor. The area features a mix of national and local tenants including Dunkin’, Baskin-Robbins, Popeyes, McDonald’s, T-Mobile, Blink Fitness, Chase Bank, and Public Storage, along with neighborhood spots like Steph’s Cake Shop, Rockaway Gourmet, Fisherman’s Cove, and The Xperience Coffee House & Juice Bar. The location is surrounded by dense residential housing and active retail, providing a built-in customer base and consistent activity. The property is located between Glenwood Rd & Smiths Ln near the Canarsie - Rockaway Parkway subway station. Transportation options include the L train at Canarsie - Rockaway Parkway and the B60, B82, B42, B6, B17, & B82-SBS bus stops.

Key Highlights

  • High‑visibility location on heavily trafficked Rockaway Parkway in Canarsie.
  • Delivered vacant, offering flexibility for an owner‑user.
  • Triple‑net Walgreens lease through March 2028 generates $50,000 monthly income.

Property Analytics

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Current Use

Phillip Truong Pharmacy Western Union Bank Ezinne Igwegbe Pharmacy Kettly Benjamin Pharmacy Dollar Deals Discount Store

Suggested Use

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

2,271
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Dining 28% Groceries 15% Electronics 7%
McDonald's Dining
19,736 visits/mo 0.0 miles
Chase Bank Shops & Services
15,232 visits/mo 0.3 miles
America's Food Basket Groceries
13,013 visits/mo 0.1 miles
BP Shops & Services
9,799 visits/mo 0.3 miles
Public Storage Shops & Services
5,861 visits/mo 0.3 miles

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

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  • Barnett's Florist — 1443 Rockaway Pkwy, Brooklyn, NY 11236

Frequently Asked Questions

What type of property is this?
Storefront property - Single-story retail building in Canarsie with strong income potential.
Where is this storefront property located?
The property is located at 1404 Rockaway Pkwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: High‑visibility location on heavily trafficked Rockaway Parkway in Canarsie.; Delivered vacant, offering flexibility for an owner‑user.; Triple‑net Walgreens lease through March 2028 generates $50,000 monthly income.
(718) 437-6100 Call to check price and availability
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