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    FOR LEASE
    Banks

    235 Rockaway Ave, Valley Stream, NY 11580

    3,738 SF 0.1 ac lot Built 1926
    Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-4017511
    Property summary
    AI-generated overview

    This exceptional 8,400 square foot free-standing office building, formerly a Chase Bank branch, presents a unique opportunity in Valley Stream, New York. Located on a high-visibility corner lot within the town's main business corridor, this single-tenant creative office space boasts unparalleled exposure. Its prime location offers easy access to major roadways, placing it just one block north of Sunrise Highway and a convenient six miles from John F. Kennedy International Airport. Commuters will appreciate the building's proximity to the Long Island Railroad, enhancing accessibility for employees and clients alike. Situated in Southwestern Nassau County, this property benefits from its strategic placement within a thriving commercial area. The building's previous use as a bank ensures a solid foundation and potentially adaptable layout. Lease terms are currently undefined, allowing for flexibility and negotiation to meet specific business needs. Interested parties are encouraged to submit their desired lease terms as part of a non-binding offer. This is an exceptional opportunity to secure a prominent and well-located office space in a highly desirable area. The building's size and location make it ideal for a variety of businesses seeking a high-profile presence in Valley Stream.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1926
    Total area 3,738 SF
    Lot 0.1 ac (4,200 SF)
    APN 37-121-00-0101
    UPID US63-4017511
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bull & Bear Associates Co · 11 yrs held
    Bull & Bear Associates Co
    since 2015
    4 recorded transactions
    2015
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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