Property profile

14201 Rockaway Blvd Jamaica, NY 11436

OFF-MARKET
Retail space
Property ID
US63-1325434
1,000 SF 0.02 ac lot Built 1931
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000 square foot office building presents a compelling investment opportunity in the vibrant Jamaica, NY market. Located at 14201 Rockaway Boulevard, this property boasts a convenient and accessible location, ideal for a variety of businesses. The building itself measures 20 feet by 50 feet, offering a functional and well-proportioned layout. The asking price is $749,000, representing a strong value proposition in this competitive market. The 0.02-acre lot provides ample space for potential expansion or outdoor use. This property is perfect for an owner-occupier seeking a well-situated office space or an investor looking for a solid return on investment in a high-demand area. The building's size and layout offer flexibility for various business needs, making it an attractive option for a range of potential buyers. Its prime location in Jamaica, NY ensures high visibility and easy access to transportation and amenities. This is a rare opportunity to acquire a well-maintained office building in a thriving commercial district. Serious inquiries are encouraged to explore this promising investment prospect further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss out on this chance to secure a valuable asset in a dynamic and growing area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Total area 1,000 SF
Lot 0.02 ac (1,085 SF)
Zoning code R5D
APN 12036-0002
UPID US63-1325434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14201 Rockaway Blvd Jamaica, NY 11436-1420
Jamaica metro Census 18200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2020
Last sale
$485,000
4 recorded transactions
2020
$485,000
2013
$222,378
2011
Price N/A
2005
Price N/A

Zoning & alternative use

R5D · Jamaica, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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