375 Beach 92nd St, Rockaway Beach, NY 11693 is a 2,066 ft² commercial mixed use property property built in 1910 on a 0.129 acre lot with 19 construction permits. This commercial mixed use property is currently on the market for $2,800,000, and it was last sold in 2013 for $900,000.
Calling all investors, restaurateurs, developers, and end users! Here's your chance to be your own landlord and invest in what you own. We present an extraordinary commercial property on the stunning Jamaica Bay shoreline in beautiful Rockaway Beach. Whether you're looking for a 100% turnkey operation to start making money right away or dreaming of exploring different culinary concepts, this is your canvas. The fully-equipped kitchen boasts multiple walk-ins, refrigeration units, proper hooding, and ventilation, along with multiple cooking stations. It's adaptable to suit any culinary style, making your restaurant vision come to life. Enjoy an outdoor deck, unbeatable location in the heart of the busiest area in Rockaway Beach, and proximity to transportation hubs. This is a rare opportunity to own waterfront property in a prime NYC attraction area.
This long-established restaurant is one of the busiest in the Rockaway Peninsula, with a proven income-generating track record. It's a well-known destination for food, entertainment, and a hangout spot for both locals and tourists, ensuring year-round profitability. The property offers a waterfront view and pier access to the bay, opening up possibilities for water activity-related businesses like sunset dining cruises. A lease is already in place for a jet ski business, providing extra income. Plus, there's a solar generator in place to help save on utility bills.
Additionally, an upstairs unit has been renovated and is ready to be used as the owner desires. Over $1 million has been invested in both the property and the business, ensuring a fair price for this incredible opportunity, with a 5.8% cap rate, this investment is bound to make waves in your portfolio. Don't miss out on this chance to own a piece of Rockaway Beach's thriving culinary and waterfront scene. Secure your investment future today!
Listing Agents
The listing agent for 375 Beach 92nd St is Naruetai Tongsomboon.
NT
Naruetai Tongsomboon
RE/MAX Elite
Phone: (718) 690-3900
Permits
375 Beach 92nd St has 19 permit records.
Permit History
19
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$38,102.60
From latest Total Assessed Value10.59%
Total Assessed Value$359,730
=
Land Assessed Value$59,940
+
Additions Assessed Value$299,790
In 2023, taxes billed for 375 Beach 92nd St were $38,102.6,
which is 10.59% from latest Total Assessed Value of $359,730.
Property History
375 Beach 92nd St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 375 Beach 92nd St
Hazard Risks
Wind
276
Hurricane
131
Carb Mono
117
Air Pollution
111
Lead
109
Ozone
108
Nat'l Avg
100
Earthquake
95
Particulates
93
Weather
83
Hail
52
Tornado
3
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 375 Beach 92nd St.
Walkability Index
16 /20
Very Walkable
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
375 Beach 92nd St has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter Average
34 °F
Low
28°F
High
41°F
Summer Average
74 °F
Low
66°F
High
81°F
In the winter at 375 Beach 92nd St, temperatures range from 27.76°F to 40.98°F with an average of 34.37°F. In the summer, the temperature ranges from 65.63°F to 81.46°F with and average of 73.55°F.
School Information
Public Schools
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 375 Beach 92nd St have no ratings.
Neighborhood
This property is located in The Rockaways, Rockaway Beach, NY 11693.
Boundary map of The Rockaways.
Crime Index for 11693
142
Above national average
142
The crime index in 11693 is 142, which is 1.4 times higher than national average.
Seasonal Housing units 11693
18%
of housing is for seasonal rent.
Daytime Population for 11693
-18%
of people during work hours.
Market Trends
Historical market data near 375 Beach 92nd St over selected time period.