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    Woodside Retail Building For Sale Title is generated by Realmo AI

    5401-5405 N Blvd, Woodside, NY

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    9,500 SF corner taxpayer building with three stores.

    Type:RETAIL
    Property size:
    9,500 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $294/SF
    Added:
    Sep 5, 2024
    Days on Market:
    648
    Last Refresh:
    May 20 at 10:01 pm

    Property Features for 5401-5405 N Blvd

    General Information

    Standard status
    Active
    Size
    9,500 SF
    Lot size
    0.23 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Anand Melwani
    Anand Melwani

    Listing agent Anand Melwani

    Listing office ARM Real Estate Group

    Listing date Sep 5, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of ARM Real Estate Group

    HighLights

    • 9,500 SF Corner Taxpayer Building
    • Fee Simple Sale
    • Features 3 Stores
    • 1‑Story building
    • Located in Woodside, Queens
    • Prime Corner Location

    Overview

    This is a one-story corner taxpayer building located in Woodside, Queens. The property features 9,500 square feet of retail space divided into three stores. The property is offered for fee simple sale.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $285.0k $30.00
    − Vacancy −$42.8k −$4.50
    EGI $242.3k $25.50
    − OpEx −$72.7k −$7.65
    NOI $169.6k $17.85
    9,500 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.42M
    $2.12M – $2.83M (±1% cap)
    NOI $169,575 @ 7.0% cap · market cap 6.06%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.00M
    $6.13M – $8.17M (±1% cap)
    NOI $490,246 @ 7.0% cap · market cap 17.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Victoria Flower Wholesale — 1832 127th St, Flushing, NY 11356
    • Miss Flower — 145-14 14th Ave, Queens, NY 11357
    • S & Ic Flower Inc. — 1837 128th St, Flushing, NY 11356

    Location Insight

    • Map
    • Local Demand
    City
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.8297
    Latitude
    40.7905

    FAQs

    What type of property is this?
    Storefront property - 9,500 SF corner taxpayer building with three stores.
    Where is this storefront property located?
    The property is located at 5401-5405 N Blvd Woodside, NY.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 9,500 SF Corner Taxpayer Building; Fee Simple Sale; Features 3 Stores
    (212) 464-8815 Call to check price and availability
    More about this property
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