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$1,950,000 Sale Pending

  • For Sale
  • Pending
  • Commercial
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Calling All Investors, Developers & End-Users!!! OPPORTUNITY ZONE 15,000 Sqft. 3 Unit Free Standing Building With Private Parking Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, R6/C2-4/DFR Zoning, 12 Parking Spaces In A Private Gated Lot, High 20' Ceilings, Strategically Placed Curb Cut, Separate Meters, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Fwy. In Between Beach Channel Dr. & Seagirt Blvd.2100212!!! Neighbors Include Walmart, Chase Bank, CitiBank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, Dunkin', McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Community Center (37,50 Sqft.): $147,600 Ann.; 3% Ann. Inc; Lease Exp.: 2027 + (1) 5 Year Option. 2nd Floor (3,750 Sqft.): $112,500 Ann. (Available) 3rd Floor (3,750 Sqft.): $127,500 Ann.(Available) LL (3,750 Sqft.): $68,200 Ann. (Available) Pro Forma Gross Income: $455,800 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $3,823 Ann. Flood Insurance: $3,000 Ann. Taxes: $23,265.32 Ann. Total Expenses: $30,338.32 Ann. Net Operating Income (NOI): $425,461.68 Ann. (Pro Forma 21.82% Cap!!!) R

Full Property Details for 10-27 Beach 20th St

General

  • Price: $1,950,000
  • Taxes: $23,265
  • Status: Pending
  • Type: Commercial
  • Source: Long_Island
  • MLS ID: 850258
  • Updated: 8/12/2025
  • Added to Site: 309 day(s) ago

Business

  • Business Type: Commercial

Location

  • County: Queens
  • Cross Streets: Cornaga Avenue

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: See Remarks

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick, Frame, Other
  • Basement Desc.: None
  • Stories/Levels: 3
  • Stories in Building: 3
  • Building Size: 15000
  • Square Feet: 15,000
  • Year Built: 1931

Lot Features

  • Lot Size (Acres): 0.1837
  • Lot Size (Sq. Ft.): 8,000

Financial Considerations

  • Tax Amount: $23,265.32

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 15704-0066

Listed by All Island Estates Realty Corp

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Listing agent

— 10-27 Beach 20th St —

  • All Island Estates Realty Corp

516-783-5600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 10-27 Beach 20th St

School District:New York City Geographic School District 27
NameGradesDistance
Wave Preparatory Elementary School
535 Briar Pl, Queens, NY 11691
PK-50.4 mi
Village Academy
10-45 Nameoke St, Queens, NY 11691
6-80.2 mi
Ms 53 Brian Piccolo
10-45 Nameoke St, Queens, NY 11691
6-80.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 10-27 Beach 20th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2025
Price Reduced
$1,950,000
-7.14%
MLS
5/20/2025
Price Reduced
$2,100,000
-4.55%
MLS
4/17/2025
Listed
$2,200,000
1366.67%
MLS
5/18/1999
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 10-27 Beach 20th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,149
1%
$215,100
-5%
2024
$22,898
—
$227,250
5%
2023
$22,879
—
$216,000
—
2022
$22,947
21%
$215,550
21%
2021
$19,009
-25%
$177,750
-27%
2020
$25,387
-1%
$244,350
—
2019
$25,747
7%
$244,350
4%
2017
$24,130
—
$234,450
2%
2017
$24,130
-9%
$229,500
-9%
2016
$26,646
-25%
$252,000
-27%
2015
$35,414
7%
$346,500
12%
2015
$33,030
-8%
$309,150
-9%
2013
$36,090
—
$338,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by All Island Estates Realty Corp

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1027 Beach 20th Street, Far Rockaway, NY 11691 (MLS# 850258) is a Commercial property. 1027 Beach 20th Street is currently listed for $1,950,000 and was received on April 17, 2025. Want to learn more about 1027 Beach 20th Street? Do you have questions about finding other Commercial real estate for sale in Far Rockaway? You can browse all Far Rockaway real estate or contact a Coldwell Banker agent to request more information.

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