V.I.P. Real Estate Inc
Listed by V.I.P. Real Estate Inc
$3,950,000
88 New Dorp Plaza
Details
APN 04212-0037 & 43
Property Type Business for Sale, Office
Sub Type Business Only, Traditional Office
Square Footage 15,000
NOI $267,222
Year Built 1931
Buildings 1
Acreage 0.360
Zoning C2-1
Parking Spaces 32 spaces
Parking Per SqFt 2.13
Business for Sale | 15,000 SqFt
Marketing description
Well-maintained office building ideally located 1 block from the New Dorp train station in the heart of the New Dorp community. 17 of 18 units occupied on short term leases with several rents under market. Additional income from basement storage and cell-antenna on roof. Individual gas and electric meters. 32 car parking lot. Truly a rare opportunity.
Listing Contacts
V.I.P. Real Estate Inc
Listed by V.I.P. Real Estate Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$267,221.52
$22,268.46/mo
Valuation Metrics
0
DSCR
6.77%
Cap Rate
6.77%
ROI
Map
Zoning
R3-1 ResidentialTwo FamilyDetached And Semi Detached Residence
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View all 99 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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