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- LoopNet Team
43-12 50th St
Woodside, NY 11377
Queens Development Opportunity · Retail Property For Sale
Property Facts
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
