12 Broadway Rocky Point, NY 11778-9402
- Investment properties
- 0.04 lot acres
Current Use by Public Records
- Brawn Inc / Association Or Organization / Restaurant
- Salon Genesis / Hair Salon
Property Details for 12 Broadway
- Lot size
- 0.04 lot acres
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0200-077.00-07.00-019.000
- APU
- 200077000700019000
Description
This exceptional investment opportunity presents two retail buildings totaling 1,200 square feet, strategically located at 12-14 Broadway in the heart of Rocky Point, New York. Building #12, a vacant 774-square-foot space, offers immense potential for a variety of retail uses. Its prime location ensures high visibility and attracts significant foot traffic. Building #14, currently leased to a hair salon at $1,500 per month plus utilities, provides immediate cash flow with a lease expiring August 31, 2024. The tenant has expressed interest in renewing the lease. The combined properties boast 37 feet of frontage on Broadway, a highly trafficked area with over 19,000 cars passing daily. Ample street parking is readily available. Situated in a vibrant commercial district surrounded by popular local businesses, this location offers easy access to major roadways including Route 347 and 25A, and the North Fork. This is a rare opportunity to acquire a well-positioned retail portfolio in a thriving Suffolk County community. The asking price for this end-user opportunity is $319,000.
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
- Rocky Point
- County
- Suffolk
- State
- New York
- Longitude
- -72.924
- Latitude
- 40.9479
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA