1759 Rockaway Parkway, Brooklyn, NY 11236

Taxpayer, located on the corner of Avenue L and Rockaway Parkway, the two story, 7,000 SF building consists of five

commercial units with a 5,600 SF parking lot. One unit is currently vacant while the remainder of the units are

occupied by well-established tenants that include: Contemporary Eye Care, Canarsie Dental, Neighborhood Housing Services and 21st Century Dental.

The property has an annual gross income of -$204,000, with expenses of $63,500; the net operating income for the building is $140,500 annually. The tenants cover their proportionate share of utilities for the building, including heat and hot water, Additionally they contribute to the Real Estate Taxes and the property insurance for the building.

The property offers great exposure with 38 feet of frontage on Rockaway Parkway and 115 feet of frontage on Avenue l. located on an active commercial corridor with national tenants including Chase, Walgreens, Burger King and True Value Hardware. Additionally, the surrounding neighborhood has a number of local restaurants and large retail shopping centers.

The Belt Parkway, provides easy access around the borough, to Manhattan and New York's other outer boroughs, The property is also accessible via the l train just a short distance away at the Canarsie-Rockaway Pkwy station.

Call Gus for more information 347-623-0716