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49-04 69th Street Woodside St 2 Unit Apartment Building Offered at $1,399,000 at a 6.79% Cap Rate Woodside, NY 11377
INVESTMENT HIGHLIGHTS
- High-visibility storefront in a prime Woodside location
- Separate entrances and meters
- Private rear parking
- All-brick construction
- A full basement
- Close to subway and amenities
EXECUTIVE SUMMARY
DELIVERED VACANT!! Prime mixed-use building for Sale in Woodside, Queens! Featuring First floor & Basement formerly occupied by Luke Kelly's Bar - now vacant and ready for your new business or tenant. The second floor offers a spacious 4-bedroom, 2-bathroom residential apartment generating $4,000/month rental income. Low property taxes! Approximately $6,103 per year. There is one private car parking space located at the rear of the property. This is a fantastic opportunity for investors or business owners seeking a mixed-use property in a high-demand Woodside location. Only 15-mins walking distance to the 7-train subway, near multiple bus lines, restaurants, shopping and more. Make this your next property today.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$108,000
|
$51.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,000
|
$51.92
|
| Taxes |
$6,103
|
$2.93
|
| Operating Expenses |
$5,699
|
$2.74
|
| Total Expenses |
$11,802
|
$5.67
|
| Net Operating Income |
$96,198
|
$46.25
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $51.92 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $51.92 |
| Taxes | |
|---|---|
| Annual | $6,103 |
| Annual Per SF | $2.93 |
| Operating Expenses | |
|---|---|
| Annual | $5,699 |
| Annual Per SF | $2.74 |
| Total Expenses | |
|---|---|
| Annual | $11,802 |
| Annual Per SF | $5.67 |
| Net Operating Income | |
|---|---|
| Annual | $96,198 |
| Annual Per SF | $46.25 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Tub/Shower
- Framed Mirrors
- Large Bedrooms
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $4,000 | 2,000 |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 02428-0046 | Total Assessment | $30,384 (2025) |
| Land Assessment | $4,961 (2025) | Annual Taxes | $6,103 ($2.93/SF) |
| Improvements Assessment | $25,423 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
02428-0046
Land Assessment
$4,961 (2025)
Improvements Assessment
$25,423 (2025)
Total Assessment
$30,384 (2025)
Annual Taxes
$6,103 ($2.93/SF)
Tax Year
2024
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49-04 69th Street Woodside St
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