84 Front St East Rockaway, NY 11518
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 84 Front St
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
This exceptional waterfront investment opportunity encompasses two buildings totaling 12,670 square feet situated at 76-78 and 84 Front Street, East Rockaway, NY 11518. The property boasts 160 feet of newly installed bulkhead and permits are in place for 31 boat slips, presenting significant income potential. One building currently generates income, offering immediate return on investment. The property's zoning allows for both commercial and residential development, providing flexibility for future expansion and diversification. The location in Nassau County, New York, offers easy access to the bustling Long Island area. This unique property is being offered for sale by owner at $1,500,000. The combined properties provide a substantial footprint for a variety of uses, making this a rare and compelling opportunity in the competitive East Rockaway waterfront market. The existing infrastructure, including the new bulkhead and permitted slips, significantly reduces the time and cost associated with development. This is a turnkey opportunity for an investor seeking a high-return, waterfront asset with immediate income generation and significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Rockaway
- County
- Nassau
- State
- New York
- Longitude
- -73.6608
- Latitude
- 40.6371