Rockaway Boulevard Portfolio
Industrial | 5,865 SqFt
Marketing description
Cushman & Wakefield is pleased to announce it has been retained on an exclusive basis to arrange the sale of 158-08 Rockaway Boulevard, 158-10 Rockaway Boulevard, and 144- 11 158th Street, a three-property mixed-use portfolio located in the Springfield Gardens neighborhood of Queens. The portfolio comprises three tax lots improved with office and warehouse space, as well as two residential apartments. Currently occupied by the owner, the properties will be delivered vacant, offering flexibility for investors or owner-users to capture residential income while utilizing a highly functional industrial footprint. Strategically located near JFK Airport, the Belt Parkway, and Interstate 678, the portfolio provides exceptional access to New York City and Long Island within one of the Outer Boroughs’ most supply-constrained industrial markets.
Investment highlights
3 Contiguous Lots
Warehouse with 18’ ceilings & two roll down doors. Additional Parking in front of warehouse on 158th Street
Two storefronts with additional offices above 158-10 Rockaway Boulevard
Two apartments above 158-08 Rockaway Boulevard with month-month tenants, value-add if rented at market rate or by filling with Section-8 tenants.
Well maintained buildings with new roofs.
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