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Three-Story Mixed-Use Building

21-22 Cornaga Avenue, Far Rockaway, NY 11691

For Sale
$1,300,000

The fully occupied property combines a street-level retail space with two residential apartments.

Property SizeContact for details
Days on Market46

Property Features for 21-22 Cornaga Avenue

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Site & Location

Public Transit Yes
Mixed-Use Components retail, residential

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1930
Buildings 1
Stories 3
Construction brick
Listing Agency: 5 BORO REALTY CORP
Listed By: Nina Sabag · License #10311207532
Source: Gatewaypropertiesofupstateny
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 8 at 1:39AM

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 5 BORO REALTY CORP

Rey
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Investment Insights

Based on property information with market context.

Built in 1930, this brick property has three levels, with a storefront at street level and two apartments on the floors above. The building is fully occupied and combines retail and residential space under one roof.

The property is in downtown Far Rockaway, a short walk from the A train at Beach 22nd Street and near the Mott Avenue shopping corridor. It may also be purchased with two adjoining mixed-use buildings on the same block.

Key Highlights

  • Fully occupied building with a storefront and two apartments
  • Three‑story brick construction; built in 1930
  • Short walk to the A train at Beach 22nd Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Queens County, NY

$758 Jul
$684 Aug
$604 Sep
$582 Oct

Properties on Market for Mixed-use properties in Queens County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The fully occupied property combines a street-level retail space with two residential apartments.
Where is this mixed-use property located?
The property is located at 21-22 Cornaga Avenue Far Rockaway, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully occupied building with a storefront and two apartments; Three‑story brick construction; built in 1930; Short walk to the A train at Beach 22nd Street
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