18-03 - 18-17 Mott Avenue, New York, NY, 11691
$2,999,999
activeLot Size
7,330 sqft
Year Built
2006
Stories
1
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
18-03 Mott Avenue is a one-story brick retail building on a corner in Downtown Far Rockaway, where Mott Avenue and Cornaga Avenue meet. The building has 6,900 SF on a 7,330 SF lot, with approximately 132 feet of frontage on Mott Avenue and 104 feet on Cornaga Avenue. It's set up as seven stores. Three are occupied by a convenience store, a national tenant, Subway, and a church. The other four are ready to lease, giving a new owner room to reposition the rent roll. The property is zoned R6/C2-4 in the Special Downtown Far Rockaway District and is built to 0.94 FAR out of 2.2 allowed, leaving roughly 9,236 SF of unused buildable area. New mid- and high-rise buildings are going up all around it. Also known as 18-03 to 18-17 Mott Ave, 18-07 to 18-22 Mott Ave, and 18-06 to 18-18 Cornaga Ave. Buyer to verify all information and perform own due diligence.
Listed by Gabrielle Winters, 5 Boro Realty Corp
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