$999,999

27-29 Front Street, East Rockaway, NY 11518

  • 3,600 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $278/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Mixed-Use Investment Opportunity Excellent opportunity to acquire a well-maintained mixed-use property offering both stable residential income and flexible commercial space in a convenient East Rockaway location. The property features approximately 1,900 square feet of updated first-floor commercial space, including professional office space with an attached garage/warehouse area. The commercial space is currently owner-occupied and is expected to be delivered vacant at closing, making it ideal for an owner-user or investor seeking to lease the space at current market rates. The second floor consists of approximately 1,700 square feet of fully leased residential apartments currently generating $6,000 per month ($72,000 annually) in rental income. The residential units enjoy their own private entrance, separate from the commercial space. Based on current market conditions, the first-floor commercial space is estimated to command approximately $4,500 to $5,500 per month in rental income (approximately $54,000 to $66,000 annually), creating the potential for strong cash flow when fully leased. Buyers should conduct their own due diligence regarding rental rates and income projections. Property highlights include: Approximately 3,600 square feet of combined commercial and residential space Updated first-floor office with flexible layout Attached garage/warehouse space Separate commercial and residential entrances Fully occupied residential units Commercial space delivered vacant Convenient proximity to the LIRR, major roadways, shopping, restaurants, and local business districts Whether you're an investor seeking multiple income streams or an owner-user looking to offset occupancy costs with residential rental income, this versatile mixed-use property offers exceptional flexibility and long-term investment potential on Long Island

Listing Status:
Active
Data Last Updated:
October 6, 2026 at 3:21PM
Listing Office:
Coldwell Banker American Homes : 516-302-8500
MLS ID:
1005169
  • Flooring: Ceramic Tile
  • A/C: Central AirMulti UnitsWall/Window Unit(s)
  • Heating: ElectricForced AirNatural Gas
  • Parking: Open
  • Originating MLS: onekey2
  • School District: East Rockaway
  • County: Nassau County
  • Zoning: 2005-42-093-00-0018-0
  • Fencing: Back Yard
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Coldwell Banker American Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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