260-268 & 270-276 Atlantic Avenue

East Rockaway, NY

For Sale

$3,750,000

OVERVIEW

LOCATION:
260-268 & 270-276 Atlantic Avenue, East Rockaway, NY 11518

Asset Type: Retail

Square Feet: 10,100

Commercial Units: 11

 

Description

Besen & Associates, as exclusive agent for ownership, is pleased to offer for sale 260-268 & 270-276 Atlantic Avenue (the “Property”), a well-maintained, single-story, 10,100± square foot block-front retail strip center built in 1962. Sitting on an 18,227± SF lot, the Property is located on the corner of Rocklyn and Centre Avenues in the East Rockaway section of Hempstead, New York. 

 

  • The Property is comprised of 11 retail stores (1 vacant) averaging approximately $28 rent psf

  • East Rockaway is a haven for small boats, has excellent marinas and it also houses a number of fine dining establishments, some of which have been in operation for 50+ years

  • Long term ownership – First sale in 21+ years

  • The Property has 23 rear parking spaces including 2 handicap spaces. Snow removal for the parking removal is reimbursed by tenants

  • Other building features include a metal roof and 11 separate meters for each tenant
 
 

 

 

 

Nearby Transportation

The Property is situated a few blocks away from the LIRR Long Beach Branch on Centre Avenue and is a three minute drive to the Sunrise Highway. A quick 15-minute ride to John F. Kennedy international airport. The Property is a 12 minutes drive from Green Acres Mall and is in close proximity to Morgan Days Park, Mills River complex Park, Memorial Park, and Bay Park which is home to the Bay Park Golf Course.