Property Description for 103 Rockaway Parkway
EXCLUSIVE Legal 4 family Semi Attached Brick 2 one bedroom apartment (Family) & 2 Two bedroom apartment paying $ under market $ 1,200 per month) Current NOI Yearly rental $ 52,800 -NO LEASES! Current CAP rate 5 Great income producing with projected yearly income of $ 74,400.00 with great upside potential 8 Cap Rate. Max Res. FAR 2.43 Max Comm. FAR 0 R6- Zoning C8-2 Building size 20.5 X 78 lot size 24.5 X 120 FAR Residential 3,198 Current FAR 1.09! Possible full vacancy! NO COBROKE Office EXCLUSIVE!! Price to sell!!!