69-12 Roosevelt Ave, Woodside, NY 11377

OFFERING AT $2,750,000

B Square Realty is pleased to introduce this mixed-use building on Roosevelt Ave located in the heart of Woodside, just off the 7 train station and close to the LIRR and E,F,M,R subway station. The 2,432 SF building is situated on a 1,645 SF lot. The building features 1 retail space on the ground floor and 2 apartments on the second floor.

The first-floor retail space is currently net leased to Kabayan restaurant until 2027 and includes a 5-year option to renew. Tenants are responsible for their own utilities and payment of 60% of the real estate taxes. The rentals increase by 4% annually. The two apartments were recently renovated along with a new boiler and roof. The total rental income for the apartments is $4,000 per month. And the estimated net operating income for 2020 is approximately $137,702.

Due to the continuous rapid development of the neighborhood, Woodside has seen some of the highest rental increases and property values in the past few years. It has also experienced a large rental demand due to its diverse dining options, culture, and easy commute to Manhattan. These ideal factors make it a perfect investment for any buyer looking to expand their portfolio. 

盛世地产独家代理Woodside中心罗斯福大道商住混合楼,一店铺+两家庭。二楼全新装修,两个2卧1浴,每月收租$4000!一楼租给好生意餐馆,租客负责60%地税,租金每年增长4%,还有8+5年租约。超便捷地理位置,门口就是7号地铁(69 Ave)站,步行5分钟至长岛火车站和E/F/M/R地铁,15分钟进曼哈顿, 10分钟到法拉盛。靠近商铺, 超市,银行,餐厅, 人车流量大。目前回报率5%,投资首选!


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136-20 38th Ave #3E
Flushing, NY 11354
69-12 Roosevelt Ave