Listed by Realty Connect USA Commercial Partners
$449,000
6707 Beach Channel Drive
Details
Property Type Land
Sub Type Commercial, mixed use
Pro-Forma Cap Rate 9.60%
Pro-Forma NOI $175,000
Broker Co-Op Yes
Lot Size (SqFt) 3,485
Zoning R5D
Fully approved 6-unit mixed use development opportunity
Marketing description
Fully approved for a 5,330 sf, 6-unit mixed-use, four-story building
Residential apartments: 2 x 3 brs; 3 x 1 br, each with full kitchen and balconies
Small community professional space
3 on-site parking spaces
Site demolished and ready for sitework & vertical construction
Potential 48% unlevered ROI; 9.6% Yield on Cost
Investment highlights
6707 Beach Channel Drive in the rapidly growing Averne section of the Rockaways in Queens. NY
Across the street from NYC Q22 & QM17 Bus Line station; 700 feet from the A Train El
A 15-minute drive to the Belt Parkway; 23-minute drive to JFK airport terminals
35 minutes to JFK terminals and service facilities using mass transit
3 blocks to the renowned Rockaway Beach & Boardwalk
Listing Contacts
Listed by Realty Connect USA Commercial Partners
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Zoning
R5D ResidentialTwo FamilyGeneral Residence
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View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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