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$1,900,000
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Property Description
Calling all investors, restaurateurs, developers, and end users! Here's your chance to be your own landlord and invest in what you own. We present an extraordinary commercial property on the stunning Jamaica Bay shoreline in beautiful Rockaway Beach. Whether you're looking for a 100% turnkey operation to start making money right away or dreaming of exploring different culinary concepts, this is your canvas.The fully-equipped kitchen boasts multiple walk-ins, refrigeration units, proper hooding, and ventilation, along with multiple cooking stations. It's adaptable to suit any culinary style, making your restaurant vision come to life. Enjoy an outdoor deck, unbeatable location in the heart of the busiest area in Rockaway Beach, and proximity to transportation hubs. This long-established restaurant is one of the busiest on the Rockaway Peninsula, with a proven income-generating track record. It's a well-known destination for food, entertainment, and a hangout spot for both locals and tourists, ensuring year-round profitability. The property offers a waterfront view and pier access to the bay, opening up possibilities for water activity-related businesses like sunset dining cruises. A lease is already in place for a jet ski business, providing extra income. Plus, there's a solar generator in place to help save on utility bills. This property also features a separate entrance to a newly renovated 2-bedroom, 2.5-bath apartment. The apartment includes heated radiant tiles, a gym room, a washer/dryer, and an alarm system for modern comfort. The primary bedroom boasts a spacious walk-in closet and a deck with breathtaking bay and Manhattan skyline views. A beautiful kitchen with upgraded stainless steel appliances adds to the appeal, while a den serves as an office and guest room. A half bath on the third floor further enhances convenience. Over $1.5 million has been invested in both the property and the business, ensuring a fair price for this incredible opportunity. With a 5.8% cap rate, this investment is bound to make waves in your portfolio. Don't miss out on this chance to own a piece of Rockaway Beach's thriving culinary and waterfront scene. Secure your investment future today!, Additional information: Business Located At:375 Beach 92nd Street, Rockaway, Building Size:21 ft x 48 ft
Full Property Details
Full Property Details for 3-75 Beach 92nd St
General
- Sold For: $1,900,000
- Taxes: $38,297
- Status: Closed
- Type: Business
- Source: Long_Island
- MLS ID: L3516141
- Added to Site: 943 day(s) ago
Business
- Name: Thai Rock
- Business Type: Restaurant
Additional Information
- Shared Amenities: Powered Boats Allowed
Exterior
- Exterior Features: Dock
Location
- County: Queens
- Cross Streets: Beach 92nd & Bcd
- Driving Directions: Use GPS
Heating & Cooling
- Heating Type: Baseboard, Other
Utilities
- Sewer: Other
Structural Information
- Detached/Attached: Detached
- Building Size: 2066
- Year Built: 1910
Lot Features
- Property View: Bridge(s), City, Panoramic, Water
- Lot Size (Sq. Ft.): 5,724
- Lot Dimensions: 36 x 159
- Frontage Feet: 36
- Zoning: R41
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front View: Beach Front, Ocean Front, Waterfront, Water Access
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $38,297
Disclosures and Reports
- Property ID: 16109-0043
- Block: 16109
- Lot Number: 43
Listed and Sold by RE/MAX Elite
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Schools
Schools serving 3-75 Beach 92nd St
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 183 Dr Richard R Green 2-45 Beach 79th St, Queens, NY 11693 | K-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3-75 Beach 92nd St
Date
Details
Price
Change
Source
4/25/2025
Sold
$1,900,000
-32.14%
MLS
6/21/2024
Price Reduced
$2,800,000
-12.5%
MLS
5/28/2024
Price Reduced
$3,200,000
-17.65%
MLS
4/11/2024
Price Reduced
$3,886,000
-29.35%
MLS
11/12/2023
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
375 Beach 92nd Street, Rockaway Beach, NY 11693 (MLS# L3516141) is a Business property that was sold at $1,900,000 on April 25, 2025. Want to learn more about 375 Beach 92nd Street? Do you have questions about finding other Business real estate for sale in Rockaway Beach? You can browse all Rockaway Beach real estate or contact a Coldwell Banker agent to request more information.

