- For Sale $3,600,000
- Property Type Mixed Use
- Property Size 17,000 SF
- Units 16
- Lot Size 8,005 SF
- Cap Rate % 8
- Rental Income / YR $459,925.00
- # of Floors 3
- Year Built 1908
- Date Updated Feb 11, 2026
Description
Sinclair Realty Group is pleased to exclusively represent the ownership in its sale of 114-17 and 114-11 Rockaway Beach Boulevard, two contiguous mixed-use buildings with a combined five (5) retail stores and sixteen (16) apartments (The Property).
Located on the corner of Rockaway Beach Boulevard and Beach 115th Street, The Property is just one city block (600 feet) away from the NYC Subway (A, S) at Rockaway Park-Beach 116th street. Flanked by retail tenants on Beach 116th Street and Rockaway Beach Boulevard, the property benefits from high volumes of daily car and foot traffic.
Additional Highlights
Going-in 8% cap rate -
Property Taxes only comprise 13% of Gross Rents
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New retail tenant has invested heavily in building out retail space
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Property has no material violations
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100 feet of retail frontage on Rockaway Beach Boulevard
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Contacts
Sinclair Realty Group
Location
Located at 114-17 Rockaway Beach Blvd, Rockaway Park, NY 11694, this property is part of the Rockaway Park neighborhood and Queens market.
Sinclair Realty Group