Woodside Avenue Portfolio, NY
3 Mixed-use properties | 100% Free Market with significant upside | High Vacancy
Overview
Key Highlights
- Price $2,950,000
- Location 2 Blocks from the 7 Train Station
- Unit Mix 3 Retail Spaces + 3 FM 2BDR Apartments
- Opportunity Potential Owner-user Opportunity
- Projected Cap Rate 7.72%
Investment Highlights
• 3 Free Market Renovated 2 bedroom/ 1 bathroom apartments at below market rents
• 3 Retail Units on main corner of Woodside Ave and 69th Street
• 4 Vacant Parking Spots with dedicated driveway
• Possible owner-user opportunity
• Vacant Warehouse/Storage space in the back of 68-10 Woodside Ave
• Two blocks away from the 7 Train subway stop on 69th Street and Roosevelt Ave & an 8 minute walk from the Woodside Train Station stop for the LIRR
• Easy access to the BQE and close proximity to Queens Blvd & Roosevelt Ave & Broadway
• Neighborhood has a great mix of residential and commercial
• Possible owner-user opportunity
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