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    8950 Woodhaven Blvd Woodhaven, NY 11421

    Sponsored
    For Sale
    $1,650,000

    High-return corner property, fully occupied.

    Property size:
    1,860 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property at 8950 Woodhaven Boulevard in Woodhaven, NY, presents a lucrative investment opportunity. The 1,860 square foot building sits on a 0.04-acre lot and boasts a prime corner location on Woodhaven Boulevard, offering excellent visibility and accessibility. The property comprises three separate commercial spaces, generating consistent rental income, along with two recently renovated apartments, providing additional revenue streams. A single-car garage is also included, adding further value. The building is currently fully tenanted, ensuring immediate cash flow for the new owner. Its convenient location offers easy access to public transportation, including bus and train services, as well as nearby shopping and schools, enhancing its appeal to both tenants and potential buyers. A full basement provides ample storage space. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable and thriving neighborhood. The asking price is $1,650,000. This turnkey investment is ready for immediate ownership and offers significant potential for future appreciation. Serious inquiries only.

    Property Features for 8950 Woodhaven Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,860 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodhaven
    County
    Queens
    State
    New York
    Longitude
    -73.85041
    Latitude
    40.68988

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    FAQs

    What type of property is this?
    Mixed-use property - High-return corner property, fully occupied.
    Where is this mixed-use property located?
    The property is located at 8950 Woodhaven Blvd Woodhaven, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    (718) 848-7700
    Request Owner's contact information
    8950 Woodhaven Blvd Woodhaven, NY 11421
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    Woodhaven, NY 11421
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    8950 Woodhaven Blvd Woodhaven, NY 11421
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