8 Rockaway Avenue, Valley Stream | Retail Investment | $2,500,000

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8 Rockaway Avenue, Valley Stream | Retail Investment | $2,500,000


  • Description: Retail center consisting of 6 retail tenants in Valley Stream
  • Neighborhood: Valley Stream
  • Lot Size: 21,000 SF (100′ X 210′)
  • Building Size: 18,500 SF (180′ X 100′)
  • Number of Stories: 1
  • Parking: Yes
  • Zoning:C-1
  • Cross Streets: Rockaway Avenue & Merrick Road
  • Transportation: LIRR lines at Valley Stream
  • Nearby Retailers: Rite Aid, Burger King, CVS Pharmacy, Sears, Dick’s Sporting Goods, Shell, AT&T and more
  • NOI: $166,201
  • CAP Rate: 6.5%
  • Asking Price: $2,500,000



  • The building spans a total of 18,500 SF on a 21,000 SF lot
  • The entire building is 100% leased 
  • Every lease includes a 3% annual increase
  • Blocks from the LIRR Valley Stream Station, buses, and highways
  • Great Retail corridor of W. Merrick Road & Rockaway Avenue
  • Tenants are responsible for all utility, water, electricity and pays the tax increases above base years
  • NOI is $166,201
  • Asking is $2,500,000— SUBMIT BEST OFFERS!

Additional Information

Asset Type



Long Island


$ 2,500,000

Building Size


Cap Rate


Net Operating Income





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    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com