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    560 Atlantic Ave East Rockaway, NY 11518

    Sponsored
    For Sale
    $900,000

    Prime Retail Space, High Traffic Area

    Property size:
    475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant, 475 sq ft retail building, formerly a Dairy Barn, is situated on a 0.21-acre lot at 560 Atlantic Ave, East Rockaway, NY 11518. Boasting a double drive-thru, this single-story, 1960-built structure offers significant potential for a variety of uses, including a convenience store, QSR, or similar businesses. The property benefits from a highly desirable location on Atlantic Avenue, with 125 feet of frontage and a corner location at Denton Avenue. High traffic volume is assured, with nearly 29,000 cars passing daily. The surrounding area demonstrates strong demographics, featuring a median household income exceeding $106,000 within a one-mile radius and a population of over 484,000 within a five-mile radius. The property is zoned Commercial A and is offered at $900,000, representing a price per square foot of $1,894.74. This fee-simple ownership opportunity is ideal for an owner/user seeking a high-visibility location in a thriving community. The building is currently vacant, allowing for immediate customization to suit the buyer's specific needs.

    Property Features for 560 Atlantic Ave

    General Information

    Property type
    Restaurants
    Square Feet
    475 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 125 feet of Atlantic Avenue frontage.
    • Corner lot at Denton Avenue.
    • High‑density location with 484,000 residents within a 5‑mile radius.
    • Strong demographics: Median household income over $106,000 within a 1‑mile radius.
    • High daily traffic count of nearly 29,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Rockaway
    County
    Nassau
    State
    New York
    Longitude
    -73.6625463
    Latitude
    40.6410563

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 560 Atlantic Ave East Rockaway, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 125 feet of Atlantic Avenue frontage.; Corner lot at Denton Avenue.; High-density location with 484,000 residents within a 5-mile radius.
    Request Owner's contact information
    560 Atlantic Ave East Rockaway, NY 11518
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    East Rockaway, NY 11518
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 Atlantic Ave East Rockaway, NY 11518
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