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6304 39th Ave

3,550 SF 100% Leased Retail Building Woodside, NY 11377 $2,288,888 ($645/SF) 6.33% Cap Rate

Investment Highlights

  • This property included 2 residential apartments with 3 bedrooms each, a new roof, and newly renovated hallways.
  • Store is fully leased with 5 year lease with the option of an extension.
  • Very low maintenance required with taxes of $6,000 per year

Executive Summary

PRICE REDUCED! Fantastic investment opportunity for Sale!!!! Mixed use property with two spacious 3 bedroom apartments and a lucrative store space. Enjoy higher income potential and low taxes on a prime location. Don't miss out on this rare chance to own a profitable property.
Total building has 4 floors with 4,800 sq. ft. total.
1,200 sq. ft. per floor with 3 floors above and a 1,200 sq. ft. basement.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,550 SF
Building Class
C
Year Built/Renovated
1931/2015
Price
$2,288,888
Price Per SF
$645
Cap Rate
6.33%
NOI
$145,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.04
Land Acres
0.04 AC
Zoning
R5D - Stores & Residential
Frontage
199 FT on 39th Avenue
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Webster Bank
Td Bank
Citizens Bank
Key Food
Flagstar
Planet Fitness
Associated Food Stores
Blink Fitness
Chase
CTown

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01233-0059
  • 01233-0057
Land Assessment
$51,154
Improvements Assessment
$315,697
Total Assessment
$366,851
  • Listing ID: 31204668

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 6304 39th Ave, Woodside, NY 11377

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