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Stark Plaza, located at 1720 Village Ln, Queens, NY 11691, presents a unique investment opportunity within a thriving mixed-use development in the Rockaway submarket. This Class A property, built and renovated in 2020, boasts 1,800,000 square feet across eight, ten-story buildings, offering 55,000 square feet of vacant retail space divisible to a minimum of 1,000 square feet. Twelve suites are available within this dynamic development, which includes 1,700 residential units directly above the retail spaces, ensuring a built-in customer base. The property features 110,000 square feet of underground parking and elevators. Its strategic location directly across from the Beach 21st Street A-Train subway station and a one-minute walk from the Far Rockaway LIRR station provides unparalleled accessibility to over 1.5 million annual transit riders. Proximity to JFK Airport (15 minutes) further enhances its appeal to travelers and business professionals. The surrounding area is experiencing significant growth, with over 5,000,000 square feet of new development within a half-mile radius. Stark Plaza is anchored by a 25,000 square foot community hospital and surrounded by established businesses such as Northwell Health, USPS, McDonald's, CVS, and Boost Mobile, creating a vibrant and diverse commercial environment. The property's 330,000 square foot lot size and its location near the beach and waterfront contribute to its high foot traffic and desirability. This is an exceptional opportunity for businesses seeking to establish themselves in a rapidly growing and dynamic community.
Highlights
1.8M SF mixed-use development, 8 buildings, three city blocks in Downtown Far Rockaway.
59,000 SF divisible retail space, 1,000-30,000 SF units, ideal for various uses.
1,700 residential units above retail, ensuring a built-in customer base.
Excellent transit access: across from A-Train station, 1-minute walk to LIRR.
Adjacent to 25,000 SF community hospital and numerous national retailers.
High foot traffic area, surrounded by over 5M SF of new development.
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