184 Rockaway AveValley Stream, NY 11580

  • Retail space
  • 625 SF
For Lease
$369/SF/YR View listing

Property Details for 184 Rockaway Ave

Year built
1922
Construction
FRAME
Lot size
0.06 AC
Property size (Sq ft)
625 SF
Property type
Retail space
APN
37-124-00-0130
APU
37124000130

Description

This stunning, newly constructed and fully renovated 1324 square foot office space at 184 Rockaway Avenue in Valley Stream, NY 11580, is ready for immediate occupancy. Located on the ground floor of a prime building on busy Rockaway Avenue, this Class A property boasts 19 feet of frontage, ensuring high visibility and accessibility. The space includes an additional 300 square feet of finished basement area, providing ample storage or expansion potential. The versatile layout, featuring sheetrock walls, allows for easy customization to meet your specific business needs. Recent renovations include a brand new HVAC system, a new ADA-compliant bathroom, new flooring, and new windows, ensuring a modern and comfortable workspace. Its strategic location directly across from Mitchell's Restaurant guarantees high pedestrian traffic, and its proximity to the Long Island Rail Road (LIRR) provides excellent commuting options. This property is ideal for a variety of uses, including traditional office, executive office, creative office, medical office, or even coworking space. Don't miss this opportunity to secure a prime location in the heart of Valley Stream.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $151,897
    6.5%
    $140,212
    7%
    $130,197
  • Comparable approach

    Method
    Valuation
    Relative Method
    $205,790
    Geo Method
    $205,790
  • Alternative Use

    Use
    Valuation
    Residential
    $118,274
    Hospitality
    $108,339
    Educational
    $90,137
    Medical
    $93,237
    Retail
    $140,212

Location Insight

City
Valley Stream
County
Nassau
State
New York
Latitude
40.6619
Longitude
-73.6996
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,708
$3,218
$1
$3,219
-
-
-
$321,900

FAQs

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