10606 Rockaway Boulevard, New York (Ozone Park), NY, 11417 | $929,000

Welcome to 10606 Rockaway Blvd, a versatile 2, 400 sq. ft. mixed-use property offering a fantastic investment or owner-user opportunity in a high-traffic, prime location. Situated in Ozone Park, Queens, this property is just moments away from public transportation, major highways, JFK Airport, and Resorts World Casino—making it a strategic location for business and residential living. This solid brick building features a main-level office space, providing an excellent setting for professional services, retail, or other business ventures. The upper level includes a spacious two-bedroom apartment, while a recently updated one-bedroom unit offers additional income potential. A full, unfinished basement provides ample storage and flexibility for future use. The property allows for a variety of mixed-use possibilities. Its excellent visibility on Rockaway Boulevard, proximity to public transit, and access to a thriving commercial district make it a prime investment. The area boasts strong rental demand, consistent foot traffic, and a vibrant business environment. With low annual taxes of $7, 000, this is an outstanding opportunity for investors or owner-occupants looking to establish themselves in a sought-after Queens location.

Features

  • Town: New York
  • Property Type: Mixed Use
  • Construction: Brick
  • Utilities: Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
  • Parking: Alley Access, Assigned
  • Levels: 2
  • Heating: Hot Water
  • Cooling: None
  • Units: 3
  • Year Built: 1920
  • Est. Taxes: $7,000
  • Lot Desc: Level, Near Public Transit
  • MLS#: 816312
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/816312/10606rockawayboulevard_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Howard Hanna Coach   Phone: 631-757-7272

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

10606 Rockaway Boulevard, New York (Ozone Park), NY, 11417

$929,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $743,200 $743,200 $743,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.183%
Monthly Tax Payment $583 $583 $583
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,220 $4,759 $6,272
Total Monthly Payment $4,895 $5,434 $6,947

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.