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10609 Rockaway Boulevard, S...

Updated Jul 22, 2025

GAP Generation Church Acquires Retail Property In Ozone Park, Queens For $2.4M
SOLDRetail

GAP Generation Church Acquires Retail Property In Ozone Park, Queens For $2.4M

10609 Rockaway Boulevard, South Ozone Park, NY 11417, USA

$2,400,000

$255/SF

Building Size

9,394 SF

Asset Type

Retail

Closing

Oct 12, 2021

About this deal

AI

The retail property located at 106-09 Rockaway Blvd. in Ozone Park, Queens has been sold for $2,400,000. The transaction took place on October 12, 2021. The property spans across 9,394 square feet, resulting in a price per square foot of $255. The buyer of the property is GAP Generation Church, while the seller is Uddin Ali. The deal was facilitated by Thomas Bigansky from tonegateRealEstate.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,400,000
  • Address: 106-09 Rockaway Blvd.
  • Market: Ozone Park, Queens
  • Buyer: GAP Generation Church
  • Seller: Uddin Ali
  • Broker: Thomas Bigansky from tonegateRealEstate

Thomas Bigansky, as the broker representing the seller and buyer, played a vital role in facilitating this transaction. It's worth noting that Thomas Bigansky is currently working with multiple sellers and buyers within the food industry in the Queens, Brooklyn, and Long Island market. If you are interested in buying or selling a restaurant or catering hall, you can contact Thomas Bigansky directly at 516-343-6964.

Players

Tom Bigansky

North Village Realty

Broker

$59.1M

vol

19 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $255 per square foot on a published $2.4M for 9,394 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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