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    1 home
      1 result available
      1027 Beach 20th Street, Far Rockaway, NY 11691
      PendingPrice Reduced $250,000
      1027 Beach 20th Street, Far Rockaway, NY 11691
      $1,950,000
      8,000sqft
      0.18acres
      Commercial Sale

      1027 Beach 20th Street, Far Rockaway, NY 11691

      Listing by: All Island Estates Realty Corp
      1 - 1 of 1 results
      Copyright © 2025 OneKey® MLS LLC
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      OneKey® MLS
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      1027 Beach 20th Street, Far Rockaway, NY 11691
      Pending
      Price Reduced $250,000
      $1,950,000 $250,000 
      8,000sqft
      0.18acres

      1027 Beach 20th Street, Far Rockaway, NY 11691

      City/Town:Far Rockaway   Post Office: Far Rockaway     

      Commercial Sale by Richard Matt ShaneAll Island Estates Realty Corp.

      Data checked -. Listing last updated 114 days ago.
      1. Overview
      2. Details
      3. More 

      Calling All Investors, Developers & End-Users!!! OPPORTUNITY ZONE 15,000 Sqft. 3 Unit Free Standing Building With Private Parking Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, R6/C2-4/DFR Zoning, 12 Parking Spaces In A Private Gated Lot, High 20’ Ceilings, Strategically Placed Curb Cut, Separate Meters, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Fwy. In Between Beach Channel Dr. & Seagirt Blvd.2100212!!! Neighbors Include Walmart, Chase Bank, CitiBank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, Dunkin’, McDonald’s, Key Food, Papa John’s, Domino’s, Popeye’s, Dollar General, Golden Krust, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Community Center (37,50 Sqft.): $147,600 Ann.; 3% Ann. Inc; Lease Exp.: 2027 + (1) 5 Year Option. 2nd Floor (3,750 Sqft.): $112,500 Ann. (Available) 3rd Floor (3,750 Sqft.): $127,500 Ann.(Available) LL (3,750 Sqft.): $68,200 Ann. (Available) Pro Forma Gross Income: $455,800 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $3,823 Ann. Flood Insurance: $3,000 Ann. Taxes: $23,265.32 Ann. Total Expenses: $30,338.32 Ann. Net Operating Income (NOI): $425,461.68 Ann. (Pro Forma 21.82% Cap!!!) R

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1931
        Heating
      Natural Gas
        Cooling
      Central Air
        Garage
      No
        City/Town
      Far Rockaway
        Post Office
      Far Rockaway
        Parking spots
      -
      850258
      MLS ID
      Pending
      Status
      04/17/2025
      On Market Date
        Flooring
        View
      Exterior features
      Lot features
      Monthly taxes
      $1,939
      Yearly taxes
      $23,265.32
      Schools
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Richard Matt Shane
      Richard Matt Shane
      Associate Real Estate Broker, All Island Estates Realty Corp
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      1027 Beach 20th Street, Far Rockaway, NY 11691, is a 0.18 acres, 8000 sqft. Office built in 1931. This property is currently available for sale and was listed on OneKey® MLS on 4-17-2025. The MLS# for this Office is MLS# 850258.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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