Retail Space
8 Rockaway Avenue Valley Stream, NY 11580
Details & Description
Price: $2,500,000
    Description: Retail center consisting of 6 retail tenants in Valley Stream Neighborhood: Valley Stream Lot Size: 21,000 SF (100? X 210?) Building Size: 18,500 SF (180? X 100?) Number of Stories: 1 Parking: Yes Zoning:C-1 Cross Streets: Rockaway Avenue & Merrick Road Transportation: LIRR lines at Valley Stream Nearby Retailers: Rite Aid, Burger King, CVS Pharmacy, Sears, Dick’s Sporting Goods, Shell, AT&T and more NOI: $166,201 CAP Rate: 6.5% Asking Price: $2,500,000DetailsHighlights: The building spans a total of 18,500 SF on a 21,000 SF lot The entire building is 100% leased  Every lease includes a 3% annual increase Blocks from the LIRR Valley Stream Station, buses, and highways Great Retail corridor of W. Merrick Road & Rockaway Avenue Tenants are responsible for all utility, water, electricity and pays the tax increases above base years NOI is $166,201 Asking is $2,500,000— SUBMIT BEST OFFERS!
    Additional Photos
    Listing Agents
    Albert Aranbaev

    O: 212-918-9037
    M: 718-551-7749
    albert@assetcrg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8 Rockaway Avenue

    Valley Stream, NY 11580

    Listing ID: 148499
    • 8 Rockaway Avenue Valley Stream, NY 11580 | for Sale | Photo 1
    • 8 Rockaway Avenue Valley Stream, NY 11580 | for Sale | Photo 2
    • 8 Rockaway Avenue Valley Stream, NY 11580 | for Sale | Photo 3
    • 8 Rockaway Avenue Valley Stream, NY 11580 | for Sale | Photo 4
    8 Rockaway Avenue | for Sale | Thumbnail 1
    8 Rockaway Avenue | for Sale | Thumbnail 2
    8 Rockaway Avenue | for Sale | Thumbnail 3
    8 Rockaway Avenue | for Sale | Thumbnail 4
    Building Size: 18,500 SF
    Lot Size: 0.482 AC
    Land Size: 20,995 SF
    Building $/SF: $135.14
    Land $/SF: $119.07
    Price
    $2,500,000
    Description

    Description: Retail center consisting of 6 retail tenants in Valley Stream
    Neighborhood: Valley Stream
    Lot Size: 21,000 SF (100? X 210?)
    Building Size: 18,500 SF (180? X 100?)
    Number of Stories: 1
    Parking: Yes
    Zoning:C-1
    Cross Streets: Rockaway Avenue & Merrick Road
    Transportation: LIRR lines at Valley Stream
    Nearby Retailers: Rite Aid, Burger King, CVS Pharmacy, Sears, Dick’s Sporting Goods, Shell, AT&T and more
    NOI: $166,201
    CAP Rate: 6.5%
    Asking Price: $2,500,000

    Details






    Highlights:

    The building spans a total of 18,500 SF on a 21,000 SF lot
    The entire building is 100% leased 
    Every lease includes a 3% annual increase
    Blocks from the LIRR Valley Stream Station, buses, and highways
    Great Retail corridor of W. Merrick Road & Rockaway Avenue
    Tenants are responsible for all utility, water, electricity and pays the tax increases above base years
    NOI is $166,201
    Asking is $2,500,000— SUBMIT BEST OFFERS!





    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Retail Space for Sale

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    Valley Stream Area Market Trends

    Listing Demographics for 8 Rockaway Avenue Valley Stream, NY 11580

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population30,534269,729710,977
    Population Median Age404039
    Population by Age0-9 Yrs3297 (10%)30185 (11%)84747 (11%)
    10-19 Yrs4077 (13%)34052 (12%)90766 (12%)
    20-29 Yrs3684 (12%)34921 (12%)97110 (13%)
    30-39 Yrs3691 (12%)33401 (12%)86370 (12%)
    40-49 Yrs4417 (14%)33916 (12%)90467 (12%)
    50-59 Yrs4862 (15%)41336 (15%)106805 (15%)
    60-69 Yrs3577 (11%)32205 (11%)81017 (11%)
    70+ Yrs2928 (9%)29713 (11%)73695 (10%)
    Median HH Income$107,446$103,071$92,524
    Total Household Income< 24K857 (8%)7810 (9%)26306 (11%)
    25-49K1055 (10%)10594 (12%)31856 (14%)
    50-74K1474 (14%)11061 (13%)31686 (14%)
    75-99K1259 (12%)11614 (13%)28961 (13%)
    100-199K3873 (38%)30813 (36%)71288 (32%)
    200K+1449 (14%)12739 (15%)30204 (13%)
    Highest Education LevelNo Diploma17331644153582
    Diploma or GED479647512129126
    Some College41503647893242
    Assoc. Degree20981709542781
    Bachelors Degree50294095998780
    Higher Degree36013037870322
    Total Housing Units10,44189,179232,611
    --Owner-Occupied7,84167,167160,868
    --Renter-Occupied2,12617,46559,434
    Owner-Occupied Values< 100K28619364568
    100-199K6019833672
    200-299K316415910488
    300-399K27071760639344
    400-499K30752191748979
    500K+13971956553817
    Total Working Age Population24,681218,592571,362
    In Work Force16,849145,137377,033
    Not In Work Force7,83173,454194,329
    Workforce Employed15,796137,484354,504
    Workforce Unemployed1,0537,58122,339
    Civlian Workforce16,849145,065376,843
    Military Workforce072190
    Total Households9,96784,632220,302
    Family Households8,04465,835169,104
    Non-Family Households1,92218,79751,197
    Married Couple6,11246,880115,262
    Other Family1,93218,95553,843
    Married w/Child2,76719,97249,491
    Single Male w/Child2081,6944,518
    Single Female w/Child5154,70414,548

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Nassau County1,334,54401,339,532+41,386,500+31,432,859

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8 Rockaway Avenue in Valley Stream?
    The asking price for 8 Rockaway Avenue is $2,500,000
    What is the building size of this Retail property in Valley Stream, NY?
    The size of the building/unit at 8 Rockaway Avenue in Valley Stream is 18,500 square feet
    How much land does the Valley Stream, NY property at 8 Rockaway Avenue include?
    8 Rockaway Avenue in Valley Stream includes 0.482 acres of land
    What is the population within 1 mile of 8 Rockaway Avenue in Valley Stream?
    The population within 1 mile of 8 Rockaway Avenue Valley Stream, NY 11580 is 30,534 people.
    Who do I contact for questions about 8 Rockaway Avenue?
    You should contact the listing agent, Albert Aranbaev, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    John F Kennedy International Airport (JFK) 5
    La Guardia Airport (LGA) 12
    Newark Liberty International Airport (EWR) 25
    Price
    $2,500,000
    Listing Agent
    More listings from Albert Aranbaev
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