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43-12 50th St
Woodside, NY 11377
Queens Development Opportunity · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
20,000 SF
Building Class
B
Year Built
1920
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.23 AC
Zoning
R7A, C1-4
Frontage
102’ on 50Th St
Amenities
- Recessed Lighting
About 43-12 50TH ST , WOODSIDE, NY 11377
DY Realty Group, LLC has been retained on an exclusive basis to handle the sale of 43-12 50th Street in Queens, NY. The property is net leased to Vista Billiards until 2024 with no renewal option, as well as to Phyzique Gym through 2024 with a 5 year option to renew. Tenants are responsible for payment of real estate taxes, utilities & water / sewer. Landlord is responsible for the payment of building insurance, sprinkler system & fire alarm fees. The Current Net Operating Income for 2020 of approximately $457,126.04. Great for investor, developer, or 1031 exchange.
Property Taxes
| Parcel Number | 00138-0025 | Improvements Assessment | $41,231 |
| Land Assessment | $507,870 | Total Assessment | $549,101 |
Property Taxes
Parcel Number
00138-0025
Land Assessment
$507,870
Improvements Assessment
$41,231
Total Assessment
$549,101
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