Gennaro Health Club | 369 Atlantic Ave
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Gennaro Health Club 369 Atlantic Ave
4,580 SF Vacant Retail Building East Rockaway, NY 11518 $1,582,200 CAD ($345 CAD/SF)
Investment Highlights
- Corner Property
- Fenced in Rear Yard with Driveway and Gate
- Just South of Sunrise Highway
Executive Summary
Introducing 369 Atlantic Ave, East Rockaway – a commercial end user / investment opportunity strategically located just south of Sunrise Highway! This property is a corner retail building boasting +/- 4,580 square feet of versatile space with a +/- 2,000 SF rear yard with driveway and gate. This former Gym, is situated in a bustling community, this property offers a unique blend of size, visibility, and convenience. Ceiling height to the drop ceiling is approximately 12'6" and over 15' to the deck! The property's prime positioning under a mile away from Sunrise Highway ensures easy accessibility and high visibility, making it a highly sought-after location for a variety of retail and commercial ventures. Surrounded by a vibrant and densely populated residential community, 369 Atlantic Ave presents a prime opportunity for businesses to tap into the local market. Please contact us for more information!
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Taxes | $33,292 | $7.69 |
Operating Expenses | - | - |
Total Expenses | $33,292 | $7.69 |
Financial Summary (Actual - 2023)
Taxes (CAD) | |
---|---|
Annual | $33,292 |
Annual Per SF | $7.69 |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $33,292 |
Annual Per SF | $7.69 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
4,580 SF
Building Class
C
Year Built
1971
Price
$1,582,200 CAD
Price Per SF
$345 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.58
Land Acres
0.18 AC
Zoning
Commercial A - General Retail / Office - See List of Permitted Uses in Document Area.
Parking
6 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
189 ft on Atlantic Ave
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2005-38-297-00-0022-0 | Total Assessment | $5,424 CAD (2024) |
Land Assessment | $2,174 CAD (2024) | Annual Taxes | $33,292 CAD ($7.27 CAD/SF) |
Improvements Assessment | $3,249 CAD (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2005-38-297-00-0022-0
Land Assessment
$2,174 CAD (2024)
Improvements Assessment
$3,249 CAD (2024)
Total Assessment
$5,424 CAD (2024)
Annual Taxes
$33,292 CAD ($7.27 CAD/SF)
Tax Year
2023
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Gennaro Health Club | 369 Atlantic Ave
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