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70-16-70-18 51st Ave 5,485 SF 100% Leased Retail Building Woodside, NY 11377 $3,700,000 ($674.57/SF) 5.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy day time trffic
- Open plan with exposed brick walls.
- Lots of nature light
EXECUTIVE SUMMARY
Great investment property. 3 Minutes away from supermarket. 5 Minutes away from E.M.R train station. 8 Minutes away from Queens center mall.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,485 SF
Building Class
C
Year Built
1962
Price
$3,700,000
Price Per SF
$674.57
Cap Rate
5.20%
NOI
$192,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.13 AC
Zoning
M1-1 - Light industrial with offices, hotels, and most retail uses permitted
Frontage
62’ on 51St Ave
Walk Score®
Very Walkable (81)
Transit Score®
Rider's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02459-0016 | Total Assessment | $438,030 (2025) |
| Land Assessment | $67,500 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $370,530 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
02459-0016
Land Assessment
$67,500 (2025)
Improvements Assessment
$370,530 (2025)
Total Assessment
$438,030 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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70-16-70-18 51st Ave
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