1314 Rockaway Pkwy

Brooklyn, NY 11236

3 office &2 fam REDU

Price $2,800,000

Beds 4

Baths 2 (full)

Sqft 7,809

Agent Jean-Paul Ho

Canarsie – Prime Rockaway Parkway Investment Opportunity

Fully Detached Mixed-Use Building | 2 Residential Units + 3 Commercial Units | 7,809 SF | Parking for 6 Cars | 3 Vacancy + Free Market

An exceptional investment or end-user opportunity in the heart of Canarsie’s high-traffic Rockaway Parkway retail corridor. This solid brick/concrete, fully detached mixed-use property offers tremendous flexibility, strong income potential, and significant development upside.

PROPERTY HIGHLIGHTS

Building Size: 40.25’ × 47.75’ (Approx. 7,809 SF)

Lot Size: 50.57’ × 125’ (Approx. 6,321 SF)

Zoning: R5D

Unused Buildable FAR: Approx. 4,804 SF

Ceiling Height: 15 ft (commercial units)

Parking: Private driveway fits up to 6 vehicles

Outdoor Space: Oversized enclosed backyard

3 units vacant – Fully FREE MARKET

RESIDENTIAL

Approx. 841 SF 2-family residential portion

Features a large 900 SF front terrace

Newly renovated with separate entrance

COMMERCIAL

Three (3) Medical/Office/Retail Units

Each unit approx. 1,532–2,000 SF, totaling ˜7,809 SF

Ideal for medical office, dental, school, daycare, adult care, community services, nonprofits, or general retail

Full sprinkler system

ADA-compliant elevator

Gut-renovated with new electrical systems

Heavy foot & vehicle traffic—excellent visibility and signage exposure

AVAILABLE FOR LEASE (Flexible Configuration)

Total Available: 3,400 SF across two levels

1st Floor – 2,000 SF (Asking $35/SF/Yr)

Two (2) ADA restrooms

Three (3) exam rooms/offices with sinks

Kitchenette

Private management office

Large reception/lobby with LED accent lighting

Lower Level – 1,400 SF (Asking $40/SF/Yr)

Waiting room + overflow area

Kitchenette

Three (3) exam rooms

Two (2) restrooms

LOCATION

Unbeatable convenience—just a 2-minute walk to the L train, multiple bus lines, banks, gyms, restaurants, supermarkets, and retail. Positioned within one of Canarsie’s busiest commercial hubs, ensuring steady foot traffic and strong potential tenant demand.

INVESTMENT SUMMARY

Turnkey asset – all 3 units vacant and ready for immediate occupancy

Perfect for owner-user, investor, or developer

Projected Cap Rate: Approx. 7% (pro-forma)

Significant value-add and redevelopment potential

MLS Number: 495057
Open House: No
Featured Listings: Yes
Rental: No

Directions to 1314 Rockaway Pkwy

Interior Features

Canarsie - Prime Rockaway Parkway Investment Opportunity! HUGE fully detached solid brick/concrete 2-family plus 3 commercial units in the heart of Canarsie's busy Rockaway Parkway retail corridor! Residential: Approx. 841 sq. ft. 2-family with a large 900 sq. ft. front unit terrace (newly renovated, separate entrance, vacant). Commercial: 3 Medical office/retail spaces, each approx. 1,531.75 sq. ft., totaling 7,809 sq. ft. of space with 15 ft ceilings and full sprinkler system. Lot/Building: Building size 40.25' x 47.75' = 7,809 sq. ft. on a huge 50.57' x 125' lot (6,321 sq. ft.) with R5D zoning. Unused buildable FAR: 4,804 sq. ft. Parking/Outdoor: Private driveway fits 6 cars + oversized enclosed backyard. Condition: Gut renovated with new electrical, sprinkler system, ADA-compliant elevator, and back easement. Turnkey - all units vacant and ready! Location: Just minutes to the "L" train, buses, shopping, and restaurants. Excellent signage & exposure with heavy foot and car traffic. Perfect for investors, developers, or end users! No leases and currently 3 vacant unit! All FREE Market unit!! Ideal for school, church, medical offices, adult or childcare centers, or mixed redevelopment. Tremendous income potential & upside add on opportunity!! in one of Canarsie's busiest commercial hubs.

1314 Rockaway Pkwy

Interior Features

Exterior Features

Questions? Just Ask!