12003 Rockaway, Queens, New York

About 12003 Rockaway

Investor’s Dream in Prime Location – 120-03 Rockaway Blvd Attention investors! This mixed-use brick building offers outstanding income potential in a high-traffic section of Rockaway Blvd. The property measures 20’x75’ on a 20’x85’ lot and includes two residential apartments above a spacious commercial unit. The second floor features two updated two-bedroom apartments, each with a living room, kitchen, and full bath. A central corridor allows for extra windows and natural sunlight throughout. Kitchens and bathrooms have been modernized in recent years, making the units move-in ready and attractive to tenants. The first floor offers approximately 1,500 sq. ft. of prime commercial space with excellent visibility, ideal for retail or office use. The space can be delivered vacant at closing, allowing for market-rate rent or owner occupancy. The property also includes a full, high basement—perfect for storage or additional usable space. Expenses are minimal, as each tenant pays their own heat, hot water, cooking gas, and electric. The landlord is responsible only for taxes, insurance, and water/sewer. With full possession possible, this building presents a tremendous opportunity to reposition for maximum rental income and long-term appreciation. Located on busy Rockaway Blvd with excellent exposure and accessibility, this is a smart investment for those seeking strong returns and steady cash flow.

Listing Map