Three-Level Mixed-Use
76-14 Rockaway Boulevard, Woodhaven, NY 11421
For Sale
New
$899,000
Vacant space includes a ground-floor commercial unit and two apartments, with separate utility meters for each unit.
Property Size2,764 SF
Price / SF$325.25
Days on Market7
Property Features for 76-14 Rockaway Boulevard
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Road Access
Mixed-Use Components
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Keller Williams Rty Gold Coast
Listed By:
Lisa Joa · License #NY10401291103
(917) 299-2455
Source:
Moreandmorerealestate
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 3:22PM
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 Keller Williams Rty Gold Coast
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Investment Insights
Based on property information with market context.
At 76-14 Rockaway Boulevard in Woodhaven, this three-level mixed-use property contains 2,764 square feet, with a commercial unit at street level and two apartments above. The building was constructed in 1931 and is delivered vacant. A full basement provides approximately 1,044 square feet of additional storage space; separate utility meters serve each of the three units. The property is zoned R6B and fronts Rockaway Boulevard.
Key Highlights
- 2,764‑square‑foot mixed‑use building with one commercial space and two residential apartments
- Delivered vacant
- Full basement with approximately 1,044 square feet of storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,564
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,280
$1.4M
Cap Rate 7%
$965,200
$965.2K
Cap Rate 9%
$750,711
$750.7K
Market Conditions
NOI Build-Up for 2,764 SF
Gross rent
$127.7K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$122.8K $44.44/SF
− OpEx
−$55.3K −$20.00/SF
NOI
$67.6K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,280
Cap Rate 7%
$965,200
Cap Rate 9%
$750,711
Alternative Uses
Best Use
Apartment 5plus
$965.2K
$844.6K – $1.13M
NOI $67,564 @ 7.0% cap · market cap 7.52%
Second Best
Retail
$704.8K
$616.7K – $822.3K
NOI $49,337 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,636 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 11421, NY
42,586
Population
12,776
Households
3.3
Avg Household Size
38
Median Age
26%
College-Educated
79%
High-School Grad
1.3 sq mi
ZIP Area
32,758
Density / Sq Mi
$89,439
Median Household Income
$40,934
Median Earnings
$1,901
Median Rent
$682,800
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant space includes a ground-floor commercial unit and two apartments, with separate utility meters for each unit.
Where is this mixed-use property located?
The property is located at 76-14 Rockaway Boulevard Woodhaven, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2,764‑square‑foot mixed‑use building with one commercial space and two residential apartments; Delivered vacant; Full basement with approximately 1,044 square feet of storage
