| CREOP

For Sale: Mixed-Use Property with an Adjacent Lot in South Ozone Park, Queens
Approximately 52 feet retail frontage on Rockaway Blvd
Includes the adjacent vacant land: 2,034 square feet (22.33 x 106 Feet)
Tremendous Upside Potential; Building Alone Valued at 2 Million Dollars, without adjacent Vacant Lot
To be Sold "as is" and all Cash Due to Tenancy Issue
Motivated Seller
The Bar & Restaurant has been operated in this location over several decades
An ideal mix of two (2) large 1-bedroom units and one commercial unit. The larger 1-bedroom apartments (800 SF each) can be converted into 2-bedroom units. Adjacent vacant land for parking or new development.
Zoned C8-1 with 1.0 FAR for commercial development and 2.4 FAR for community facility; the subject has 13,294 SF of developable area (5,539 SF of lot area x 2.4 FAR)

Subject Property is located on Rockaway Blvd, approximately 0.5 miles west of the Van Wyck Expressway, and 0.6 miles north of the Belt Parkway. The traffic count at this location is approximately 14,150 vehicles per day.
Surrounded by various neighborhood retail and amenities including US Postal Service, Public Library, Dunkin' Donut, AutoZone, church, supermarket, local restaurants and various retail stores to the east; and Mavis Discount Tire, auto repair shops, car wash, lounge and catering hall, and local restaurants and retail stores to the west