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    5616-5620 Woodside Ave Woodside, NY 11377

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    For Sale
    $2,740,000

    Fully occupied mixed-use building in prime Woodside location.

    Property size:
    6,340 SF
    Lot size:
    0.06 Acres

    Property Features for 5616-5620 Woodside Ave

    General Information

    Size
    6,340 SF
    Lot size
    0.06 Acres

    Source: Meridian Capital Group Agent Thomas Donovan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Woodside Mixed-Use Investment Opportunity

    This is a 6,340 square foot, fully occupied property located in Woodside, New York. The property features a mix of residential and commercial units, including eight rent-stabilized apartments, one rent-controlled apartment, and three commercial units. The property is situated on a prime corner location in Woodside, with convenient access to Roosevelt Avenue and Queens Boulevard. It is also within a short walk to the 7 subway line and the Long Island Railroad stations. This property is suitable as a long-term investment or a 1031 exchange opportunity.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.907638
    Latitude
    40.745746

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    FAQs

    What type of property is this?
    Strip mall - Fully occupied mixed-use building in prime Woodside location.
    Where is this strip mall located?
    The property is located at 5616-5620 Woodside Ave Woodside, NY.
    What is the asking price?
    The asking price for this property is $2,740,000.
    What are key features of this property?
    This property features: - Prime Woodside corner location, steps to Roosevelt Avenue and Queens Boulevard; - 6,340 Square Feet | Fully Occupied; - Short walk to 7 subway and Long Island Railroad stations
    (646) 502-3481
    Request Owner's contact information
    5616-5620 Woodside Ave Woodside, NY 11377
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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
    5616-5620 Woodside Ave Woodside, NY 11377
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