12-Unit Mixed-Use
For Sale
Contact for pricing
Pending
161-173 Rockaway Avenue, Valley Stream, NY 11580
Mixed-use property combining storefronts, apartments, parking, and a signalized-corner position.
Property SizeContact for details
Days on Market142
Property Features for 161-173 Rockaway Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Site & Location
Corner Location
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Cap Rate
8.7%
Multifamily Units
5
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 5:08PM
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 All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
The property at 161-173 Rockaway Avenue is a 12-unit mixed-use building with seven retail stores and five apartments. On-site parking, prominent signage, and the building’s corner placement support both commercial and residential occupancy. The property also carries an 8.7 cap rate.
Located at the signalized intersection of Rockaway Avenue and E. Valley Stream Blvd in Valley Stream, the building is a couple of blocks from the train station. Its position along Rockaway Avenue provides a visible setting for the storefront component, while the combination of retail and apartments creates a diverse property configuration.
Located at the signalized intersection of Rockaway Avenue and E. Valley Stream Blvd in Valley Stream, the building is a couple of blocks from the train station. Its position along Rockaway Avenue provides a visible setting for the storefront component, while the combination of retail and apartments creates a diverse property configuration.
Key Highlights
- 12‑unit mixed‑use building with 7 stores and 5 apartments
- 8.7 cap rate
- Signalized intersection of Rockaway Avenue and E. Valley Stream Blvd
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 11580, NY
43,026
Population
13,582
Households
3.2
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
11,032
Density / Sq Mi
$135,385
Median Household Income
$56,417
Median Earnings
$1,852
Median Rent
$602,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property combining storefronts, apartments, parking, and a signalized-corner position.
Where is this mixed-use property located?
The property is located at 161-173 Rockaway Avenue Valley Stream, NY.
What are key features of this property?
This property features: 12‑unit mixed‑use building with 7 stores and 5 apartments; 8.7 cap rate; Signalized intersection of Rockaway Avenue and E. Valley Stream Blvd
