MLS#1005169
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLEast Rockaway
Property Description
Mixed-Use Investment Opportunity Excellent opportunity to acquire a well-maintained mixed-use property offering both stable residential income and flexible commercial space in a convenient East Rockaway location.The property features approximately 1,900 square feet of updated first-floor commercial space, including professional office space with an attached garage/warehouse area. The commercial space is currently owner-occupied and is expected to be delivered vacant at closing, making it ideal for an owner-user or investor seeking to lease the space at current market rates.The second floor consists of approximately 1,700 square feet of fully leased residential apartments currently generating $6,000 per month ($72,000 annually) in rental income. The residential units enjoy their own private entrance, separate from the commercial space.Based on current market conditions, the first-floor commercial space is estimated to command approximately $4,500 to $5,500 per month in rental income (approximately $54,000 to $66,000 annually), creating the potential for strong cash flow when fully leased. Buyers should conduct their own due diligence regarding rental rates and income projections.Property highlights include:Approximately 3,600 square feet of combined commercial and residential spaceUpdated first-floor office with flexible layoutAttached garage/warehouse spaceSeparate commercial and residential entrancesFully occupied residential unitsCommercial space delivered vacantConvenient proximity to the LIRR, major roadways, shopping, restaurants, and local business districtsWhether you're an investor seeking multiple income streams or an owner-user looking to offset occupancy costs with residential rental income, this versatile mixed-use property offers exceptional flexibility and long-term investment potential on Long Island
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air, Multi Units, Wall/Window Unit(s)
Heating: Electric, Forced Air, Natural Gas
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $24,409
Year Built: 1928
Feature Descriptions
Building Area Total: 3600
Building Features: Bathrooms
Business Type: Mixed
Days on Site: 30
Exterior: Block, Brick
Fencing: Back Yard
Flooring: Ceramic Tile
Lot Features: Back Yard, Level
On Market Date: 2026-05-30
Parcel Number: 2005-42-093-00-0018-0
Parking Features: Open
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Water: Public
Local Schools
High School: East Rockaway Junior-Senior High Sch
Middle School: East Rockaway Junior-Senior High Sch
Elementary School: Rhame Avenue Elementary School
School District: East Rockaway
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker American Homes
Shown By
Agent Name: Marie Tilus
Agent Phone: (516) 223-2525
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27-29 Front Street | MLS# 1005169
This commercial property located at 27-29 Front Street, East Rockaway, NY 11518 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $1,100,000. 27-29 Front Street is located within the East Rockaway school district. Search East Rockaway real estate on marietilus.cbamhomes.com today.