For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ground-Floor Retail Condo Pair Title is generated by Realmo AI

    43-20 52nd Street, Woodside, NY 11377

    View on Map
    Claim this Listing
    For Sale
    $2,850,000

    SINGLE_FAMILY - Woodside, NY

    Type:Retail
    Property size:
    3,855 SF
    Price / SF:
    $739/SF
    Added:
    Jan 12, 2026
    Days on Market:
    166
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 43-20 52nd Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    01320-1101
    Size
    3,855 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11572

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2021

    We can help!

    Contact an agent
    Li Li

    Listing agent Li Li

    Listing office B Square Realty 13620 38th Ave Ste 3E, Flushing, NY

    Listing date Jan 12, 2026

    MLS# 950856

    Copyright © 2026 OneKey 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

    • Prime location on bustling 52nd Street with high foot traffic and visibility, near the 52nd Street 7 train station.
    • Two ground‑floor retail condo units totaling 3,855 SF: Unit B1 (845 SF) is leased and generating income.
    • Unit B2's vacant 3,010 SF space offers potential for various commercial uses, including restaurants, retail, or medical offices.
    • Units feature private ADA‑compliant restrooms, individual utility meters, HVAC systems, and full sprinkler coverage.
    • Excellent transportation access to major highways (LIE, BQE, Queensboro Bridge) and public transportation.
    • Located in a dynamic neighborhood with dense residential areas, new developments, and thriving commercial activity.

    Overview

    The offering consists of two ground-floor retail condo units in a newly constructed building. Unit B1 is 845 SF and is currently leased. Unit B2 is 3,010 SF and is delivered vacant for an end-user or investor. Both units include private ADA-compliant restrooms, individual utility meters, HVAC systems, and full sprinkler coverage.

    The property is located at 43-20 52nd Street in Woodside, Queens, positioned between Roosevelt Avenue and Queens Boulevard. Public transit access is described as being steps from the 7 train at 52nd Street, with nearby bus routes including Q60, Q32, and Q104. The remarks also note convenient access to major highways including the LIE, BQE, and the Queensboro Bridge.

    This package is structured to fit different ownership strategies, including purchasing together for one consolidated holding or evaluating the units individually, as Unit B2 is also noted as available for lease. The combination of a leased unit and a vacant unit can support ownership plans that balance current occupancy with a space ready for a tailored tenant fit.

    Local Financial Insights For Specialty 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 $254.4k $66.00
    − Vacancy −$16.5k −$4.29
    EGI $237.9k $61.71
    − OpEx −$59.5k −$15.43
    NOI $178.4k $46.28
    3,855 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.55M
    $2.23M – $2.97M (±1% cap)
    NOI $178,419 @ 7.0% cap · market cap 6.26%
    Second Best
    Office B
    $1.81M
    $1.59M – $2.12M (±1% cap)
    NOI $126,921 @ 7.0% cap · market cap 4.45%
    Theoretical Best
    Office A
    $2.84M
    $2.49M – $3.32M (±1% cap)
    NOI $198,937 @ 7.0% cap · market cap 6.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fajardo Accounting Accounting Firm

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.911678
    Latitude
    40.746361

    FAQs

    What type of property is this?
    Retail space - Own two ground-floor retail condo units with ADA-compliant restrooms, individual utilities, HVAC, and sprinkler coverage.
    Where is this retail space located?
    The property is located at 43-20 52nd Street Woodside, NY.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: Prime location on bustling 52nd Street with high foot traffic and visibility, near the 52nd Street 7 train station.; Two ground‑floor retail condo units totaling 3,855 SF: Unit B1 (845 SF) is leased and generating income.; **Unit B2's vacant 3,010 SF space offers potential for various commercial uses**, including restaurants, retail, or medical offices.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message