7606 Rockaway Boulevard, Woodhaven, NY 11421

$1,395,000

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List Price
$1,395,000
MLS#
997521
Status
ACTIVE
Lot Size
1523

Property Description

Mixed-Use Property – 7606 Rockaway Boulevard, Ozone Park Well-located mixed-use property in Ozone Park featuring a 1st-floor commercial unit with a fully finished basement and two 2-bedroom residential apartments above. The building is fully occupied and income-producing mixed-use property offering stable cash flow, low operating costs, and long-term upside in a high-demand Queens rental market. Commercial Unit: Ground floor with full basement Residential Units: Two (2) 2-bedroom apartments on the second floor Rent Roll (Monthly Income) Commercial Unit: $5,720/month Residential Front (2BR): $2,300/month Residential Back (2BR): $2,800/month Total Monthly Income: $10,820 Annual Gross Income: $129,840 Annual Operating Expenses Taxes: $7,000 Water: $100/month × 12 = $1,200 Insurance: $4,500 Total Expenses: $12,700 Net Operating Income (NOI) Gross Income: $129,840 Less Expenses: $12,700 NOI: $117,140 per year

Additional Information

Year Built
1931
School District
Queens 27
Total Taxes
6126
Heating
Baseboard
Basement
Finished
Water
Public
Sewer
Public Sewer
Taxes
$6,126

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sergey Babayev M (babayevsergey888@gmail.com) from Listing Office: Kingsland Properties.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.