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    Turnkey Nail Salon Business Title is generated by Realmo AI

    54-02 Roosevelt Avenue, Woodside, NY 11377

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    For Sale
    $47,000

    Commercial Business - Woodside, NY

    Property size:
    500 SF
    Price / SF:
    $94/SF
    Added:
    Apr 15, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 54-02 Roosevelt Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking features
    Garage
    Standard status
    Active
    Size
    500 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Hans Campana

    Listing agent Hans Campana

    Listing office ONE STOP MULTISERVICE INC 41-39 54 ST SUITE 4, WOODSIDE, NY

    Listing date Apr 15, 2026

    MLS# 11692526 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully operational and licensed Appearance Enhancement Business (nail salon), compliant with New York State requirements
    • 4 years remaining on the lease with a 5‑year renewal option
    • Salon sale includes all fixtures, stations, and equipment (asking $55,000)
    • Average monthly sales reported at $5,000–$8,000
    • Monthly rent is $2,987 and includes taxes, water, and heat
    • Buyer is responsible for obtaining a new business license after transfer

    Overview

    This is a fully equipped, turnkey appearance enhancement business that is currently operating as a nail salon. The space is described as clean and well-maintained, and it is presented as fully operational and licensed to meet New York State requirements. The sale includes all fixtures, stations, and equipment, making it suitable for a seamless owner-operator transition. Lease terms are also noted, with 4 years remaining plus a 5-year renewal option.

    The business is positioned on a high-visibility corner location on Roosevelt Avenue in Woodside, with strong foot traffic and neighborhood exposure. This street presence and local visibility are key considerations for a service concept relying on walk-in demand and repeat clients.

    The setup is well suited for continuing as a nail salon or pivoting within the same general beauty and service category, such as a barbershop or similar operation, subject to licensing. It is also described as an ideal fit for an owner-operator or family business. After transfer, the buyer is responsible for obtaining a new business license, which should be factored into the transition timeline.
    Property Profile Location Intelligence

    Current Use by Public Records

    A&G Nails Salon Hair Salon

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chang S Acupuncture Natural — 4520 43rd Ave, Queens, NY 11104
    • Woodside Acupuncture, P.C. — 52-49 Queens Blvd 2nd Floor, Queens, NY 11377
    • Hee Moon — 4520 43rd Ave, Queens, NY 111041902
    • Dr. Iliana Cobeleta-Zilahi — 4345 44th St, Sunnyside, NY 11104
    • Acufeel Good — 4345 44th St, Sunnyside, NY 11104

    Location Insight

    • Map
    • Local Demand
    City
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.910425
    Latitude
    40.744642

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    FAQs

    What type of property is this?
    Spa & wellness property - Fully equipped, licensed appearance enhancement business with an established clientele and a clean, well-maintained interior.
    Where is this spa & wellness property located?
    The property is located at 54-02 Roosevelt Avenue Woodside, NY.
    What is the asking price?
    The asking price for this property is $47,000.
    What are key features of this property?
    This property features: Fully operational and licensed Appearance Enhancement Business (nail salon), compliant with New York State requirements; 4 years remaining on the lease with a 5‑year renewal option; Salon sale includes all fixtures, stations, and equipment (asking $55,000)
    (917) 816-3200
    We can help!
    Listing Contact
    Hans Campana
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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