Calling All Investors, Developers & End-Users!!! MINT 6,300+ Sqft. Retail Building With NNN National Tenant For Sale!!! The Property Features Long Term Lease, Strong R5D/C1-3 Zoning, Excellent Signage, Great Exposure, 6 Parking Spaces, Rear Yard, Storage Area, High 10' Ceilings, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Canarsie On Busy Rockaway Parkway 2 Blocks From The MTA Canarsie Yard Just Off Flatlands Ave.!!! Neighbors Include FedEx, Target, Staples, PetSmart, Optimum, Planet Fitness, Blink Fitness, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: T-Mobile: $182,400 Ann. NNN.; Lease Exp.: 2/1/2032 + Add. 5 Year Option. Gross Income: $182,400 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $182,400 Ann.
1492 Rockaway Parkway, Brooklyn, (Bergen Beach), NY, 11234
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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