14201 Rockaway BlvdJamaica, NY 11436

Property Details for 14201 Rockaway Blvd

Year built

1931

Lot size

0.02 AC

Property size (Sq ft)

1,000 SF

Zone code

R5D

Property type

Retail space

APN

12036-0002

APU

120360002

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $243,035

  6.5%

  $224,340

  7%

  $208,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,263

  Geo Method

  $329,263

• Alternative Use

  Use

  Valuation

  Residential

  $189,239

  Hospitality

  $173,342

  Educational

  $144,219

  Medical

  $149,178

  Retail

  $224,340

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.6743

Longitude

-73.7988

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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