Property profile

331 Rockaway Tpke Lawrence, NY 11559

OFF-MARKET
Investment properties
Property ID
US63-0242583
5,760 SF 1.65 ac lot Built 1983
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,760 SF
Lot 1.65 ac (71,787 SF)
APN 40-00A-00-1065
UPID US63-0242583

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Restaurant
  • Restaurant Take-out & Catering

Location

331 Rockaway Tpke Lawrence, NY 11559-1053
Lawrence metro Census 411000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.09M

Owner & transaction history

since 2017
7 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $5.1M +37.1%
Neighborhood: shopping center $5.1M +35.5%
Office building $4.1M +9.0%

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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