Mixed-Use Investment Opportunity – East Rockaway, NY
Exceptional mixed-use property featuring approximately 1,900 square feet of updated first-floor commercial space, including office and garage/warehouse areas, plus approximately 1,700 square feet of fully rented second-floor residential apartments generating $6,000 per month in rental income.
The commercial space is currently owner-occupied and is expected to be delivered vacant at closing, offering flexibility for owner-occupancy or investment purposes. Ownership currently attributes approximately $5,000 per month in rental value to the commercial space, providing potential additional income opportunity.
The first floor offers updated office space with a flexible layout, along with a separate garage/warehouse component and dedicated entrance. The residential units feature a separate access from the property's commercial portion.
Convenient location near the LIRR, major roadways, shopping, and local business districts
Based on current occupancy and market rental assumptions, the property offers multiple income streams and operational flexibility. Purchasers should independently verify potential uses in accordance with local zoning regulations and permit requirements.
A versatile mixed-use asset offering income-producing residential units, commercial flexibility, and long-term investment potential in Nassau County.