Prime Rockaway Parkway location - 1 block from train station- Our Office EXCLUSIVE Legal 4 family Semi Attached Brick 2 one bedroom apartment (Family) & 2 Two bedroom apartment paying $ under market $ 1,200 per month) Current NOI Yearly rental $ 52,800 -NO LEASES! Current CAP rate 5% Great income producing with projected yearly income of $ 74,400.00 with great upside potential 8% Cap Rate. Max Res. FAR 2.43 Max Comm. FAR 0 R6- Zoning C8-2 Building size 20.5' X 78 lot size 24.5' X 120' FAR Residential 3,198 Current FAR 1.09! Possible full vacancy! NO COBROKE Office EXCLUSIVE!! Price to sell!!!
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