30,000 SF Mixed-Use Development Site or Existing Retail Ideal For User in Far Rockaway
$4,300,000
6-11 & 6-15 Beach 20th Street, Queens, NY 11691
For Sale
Office
Building
Active
Last Updated: 08/28/2025
9.73
Cap Rate
218,872
NOI
Details:
Cap Rate: 9.73%
NOI: $218,872
Building Size: 10,845 sqft
Lot Area: 20,000 sqft
Highlights:
- Two adjacent lots totaling 20,000 SF on the west side of Beach 20th Street between Cornaga and New Haven Avenues
- R5/C1-2 zoning allows for a 30,000 SF mixed-use development with the UAP bonus or 40,000 SF community facility
- Currently, 6-11 Beach 20th Street consists of one 1,845 SF building with 3 month-to-month retail tenants, and parking
- 6-15 Beach 20th Street is a vacant 9,000 SF building
- Ability for a user to occupy the existing retail space and utilize the parking
- Perfectly situated a few blocks from the beach and boardwalk. In close proximity to several schools. Nearby retailers include CVS, Key Foods Supermarket & Bank of America.
- 5-minute walk to the Far Rockaway/Mott Ave A train station and just steps from the Carnega Ave/Beach 20th Street Q22 bus stop
- Conveniently close to the Special Downtown Far Rockaway District, which was rezoned in 2017 to spur development in the area and create a vibrant mixed-use community
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