1404 Rockaway Parkway – retail space in Canarsie, Brooklyn – photo 1
1404 Rockaway Parkway – retail space in Canarsie, Brooklyn – photo 2

For Sale

16,000 SF Retail Building for Sale in Canarsie, Brooklyn

1404 Rockaway Parkway, Brooklyn, NY 11236

Retail

Property Type

Canarsie

Neighborhood

$4,750,000

Price

Executive Summary

Single story single tenant retail building for sale on a heavy foot and car traffic block. Can be delivered vacant. There is a municipal parking lot across the street and many national tenants on the block.


Highlights

  • Single-story building

  • Heavy foot and car traffic block

  • Municipal parking lot across the street

  • Surrounded by national tenants

  • Delivered: Vacant

  • Full Basement 8,000 SF

  • Lot Dimensions: 75 X 106

  • Current CAP over 10%

  • Walgreens' lease is from 4/2008 - 3/2028

  • Rent is $50,000 a month triple net

  • The buyer can use the building and still collect rent from Wallgreens until the lease expiration

  • Ground Floor: 8,000 SF

  • Lower Level: 8,000 SF



Location

Located in the Canarsie neighborhood of Brooklyn between Glenwood Rd & Smiths Ln near the Canarsie - Rockaway Parkway subway station.

Nearest Transit: L train at Canarsie - Rockaway Parkway and the B60, B82, B42, B6, B17, & B82-SBS bus stops.

Nearby tenants include Steph's Cake Shop, Dunkin', Baskin-Robbins, Popeyes Louisiana Kitchen, Rockaway Gourmet, Capital One Bank, Fisherman's Cove, McDonald's, Armando's Pizza, S&D Kids, T-Mobile, Jalapeño Brothers Market, Flowers By Bernadette, The Xperience Coffee House & Juice Bar, Bebe Fritay, Tastee Pattee, Blue Canarsie Fish, Lulucious Beauty Supply, Blink Fitness, Chase Bank, Public Storage and more!

Contact

Interested in this property?

Get in touch with our team.

Shlomi Bagdadi

Shlomi Bagdadi

Founder & CEO

212.433.3355 x101sb@tristatecr.com
Jack Sardar

Jack Sardar

Vice President of Sales

212.433.3355 x106jack.s@tristatecr.com