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    Property profile & analytics
    OFF-MARKET Estimated value $2,770,000
    Warehouses

    1400 Brunswick Ave, Far Rockaway, NY 11691-3905

    37,279 SF 1.18 ac lot Built 1996
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US63-6013184
    Property summary
    AI-generated overview

    This exceptional commercial property at 1400 Brunswick Avenue in Far Rockaway, Queens County, New York, presents a unique opportunity for businesses seeking expansive office space. The entire 37,200 square foot building is currently vacant, offering complete flexibility for a single tenant or the potential for multiple occupants. The property boasts a substantial lot size of 0.87 acres, providing ample room for expansion or outdoor amenities. The building features high ceilings at 19 feet, creating a bright and airy atmosphere. Convenient on-site parking is available with 15 spaces. The property is well-equipped with robust 600 Amp, 3-phase electrical service, ensuring sufficient power for even the most demanding operations. Located in the 11691 zip code, this property offers easy access to major transportation routes and is situated within the vibrant Far Rockaway community. The property type is classified as both Retail and Office, making it suitable for a wide range of businesses. This is a rare opportunity to acquire a large, fully vacant commercial building in a desirable location. The building's size and features make it ideal for a variety of uses, from corporate headquarters to large-scale retail operations. The ample parking and high-power electrical service are significant advantages. Don't miss this chance to secure a prominent presence in Far Rockaway.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1996
    Total area 37,279 SF
    Lot 1.18 ac (51,227 SF)
    Zoning code M1-1
    APN 15529-0143
    UPID US63-6013184
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.32M
    Blend (final) Blend
    $2.77M
    Owner & transaction history
    1400 Brunswick LLC · 11 yrs held
    1400 Brunswick LLC
    since 2015
    6 recorded transactions
    2015
    $4.2M
    2009
    2004
    $3.7M
    1969
    1969
    1969
    Zoning & alternative use
    M1-1 · Far Rockaway, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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