685 Rockaway Parkway

New York NY 11236

2508 sq. ft.

3250 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Great Opportunity for End-User + Income Opportunity 685 Rockaway Pkwy is a spacious semi-detached 2-family home in the heart of Canarsie, offering a rare combination of size, parking, and strong income potential. The property features approximately 2,500+ sq ft of interior space, including Three 3 bedrooms unit and a finished basement (3 stories + basement), and both front and back yard areas. A built-in garage plus additional parking adds everyday convenience. Income & Flexibility: The property currently generates strong rental income, including a top-floor unit producing $3,427/month. The middle unit is currently month-to-month at $2,400/month, providing potential flexibility for future use or repositioning. The lower level is currently rented at $1,800/month, offering additional income and potential upside depending on layout and use. One vacancy possible. Ideal for: End-users looking to offset mortgage with rental income Multi-generational living Buyers seeking long-term upside and flexibility Located near the Canarsie–Rockaway Parkway L train terminal, multiple bus lines, and neighborhood shopping, restaurants, and services.