Renovated Mixed-Use
7-11 Seagirt Avenue #11, Far Rockaway, NY 11691
For Sale
Contact for pricing
Glass partitions define a flexible interior, with utilities and Wi-Fi included.
Property Size250 SF
Price / SF$6.80
Days on Market28
Property Features for 7-11 Seagirt Avenue #11
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Utilities to Site
Property Use
Amenities
shared furnished waiting room
coffee/printing station
wifi included
Listing Agency:
EOM Realty Advisors LLC
(347) 464-0831
Listed By:
Marc Jeret · License #10401368899
(631) 839-3748
Source:
Neilcharlesrealestate
Added: Oct 11
Changed: Nov 7
Last Checked: Nov 6 at 2:39PM
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 EOM Realty Advisors LLC
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Investment Insights
Based on property information with market context.
This renovated mixed-use suite has glass partitions and is configured for retail or office use. Utilities and Wi-Fi are included. Occupants also have access to a furnished shared waiting area and a coffee and printing station.
Parking is available on a first-come, first-served basis. Other suites may be combined with Suite 11.
Parking is available on a first-come, first-served basis. Other suites may be combined with Suite 11.
Key Highlights
- Renovated space with glass partitions
- Utilities and Wi‑Fi included
- Shared furnished waiting area with coffee and printing station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,218
Suggested Prices Based on Cap Rates
Cap Rate 5%
$64,360
$64.4K
Cap Rate 7%
$45,971
$46.0K
Cap Rate 9%
$35,756
$35.8K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$6.0K $24.00/SF
− Vacancy
−$852 −$3.41/SF
EGI
$5.1K $20.59/SF
− OpEx
−$1.9K −$7.72/SF
NOI
$3.2K $12.87/SF
Area
Queens County, NY
Vacancy
14.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$64,360
Cap Rate 7%
$45,971
Cap Rate 9%
$35,756
Alternative Uses
Best Use
Retail
$63.8K
$55.8K – $74.4K
NOI $4,463 @ 7.0% cap · market cap 262.68%
Second Best
Mixed Use
$46.0K
$40.2K – $53.6K
NOI $3,218 @ 7.0% cap · market cap 189.41%
Theoretical Best
Office A
$184.3K
$161.3K – $215.0K
NOI $12,901 @ 7.0% cap · market cap 759.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
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
$649,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Glass partitions define a flexible interior, with utilities and Wi-Fi included.
Where is this mixed-use property located?
The property is located at 7-11 Seagirt Avenue #11 Far Rockaway, NY.
What are key features of this property?
This property features: Renovated space with glass partitions; Utilities and Wi‑Fi included; Shared furnished waiting area with coffee and printing station
