MLS#948007
STATUSActive
PROPERTY TYPECommercial -
Property Description
Excellent Mixed-Use Value add Investment Opportunity - Strong Income Potential It is a well-located mixed-use property featuring 5 retail storefronts and 2 one-bedroom residential units. Situated on a high-visibility commercial block with steady traffic and strong local demand. Multiple income streams with upside potential through rent optimization. Convenient access to transportation, major highways, and surrounding neighborhoods. Ideal for investors seeking stable cashflow with long-term appreciation. Cap rate Approx.8.5%. Must see!
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Baseboard
Lot Size: 0.24 Acres
Stories: 5.0
Taxes: $47,231
Year Built: 1938
Feature Descriptions
Building Area Total: 10500
Days on Site: 151
Exterior: Brick
On Market Date: 2026-01-04
Parcel Number: 37-401-114 & 37-401-477
Parking Features: Private
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Welhome Realty Inc
Agency Contact: 347-654-7599
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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83-91 Ocean Avenue | MLS# 948007
This commercial property located at 83-91 Ocean Avenue, Valley Stream, NY 11580 is currently listed for sale with an asking price of $1,790,000. Search Valley Stream real estate on www.coldwellbankerchoice.com today.