Four-Story Apartment
52-06 Roosevelt Avenue, Woodside, NY 11377
For Sale
$1,349,000
Residential layouts include two- and three-bedroom apartments, along with two one-bedroom units.
Property Size4,480 SF
Days on Market103
Property Features for 52-06 Roosevelt Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Winzone Realty Inc
Listed By:
Lawrence Gao · License #10401301792
(917) 669-7778
Source:
Serhant
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 8 at 2:04PM
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 Winzone Realty Inc
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Investment Insights
Based on property information with market context.
This four-story apartment building, constructed in 2004, contains varied residential layouts across its upper levels. The first floor provides a two-bedroom, two-bathroom apartment, while the second and third floors each contain three-bedroom, two-bathroom apartments. The fourth floor is divided into front and rear one-bedroom, one-bathroom apartments.
The property is located on Roosevelt Avenue in Woodside, New York, and carries R6 zoning. The building’s mix of bedroom counts and bathroom configurations supports a five-apartment residential arrangement across the four-story structure.
The property is located on Roosevelt Avenue in Woodside, New York, and carries R6 zoning. The building’s mix of bedroom counts and bathroom configurations supports a five-apartment residential arrangement across the four-story structure.
Key Highlights
- Five apartment layouts across four stories
- First‑floor unit with 2 bedrooms and 2 bathrooms
- Second- and third‑floor units each offer 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,511
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,190,220
$2.2M
Cap Rate 7%
$1,564,443
$1.6M
Cap Rate 9%
$1,216,789
$1.2M
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$207.0K $46.20/SF
− Vacancy
−$7.9K −$1.76/SF
EGI
$199.1K $44.44/SF
− OpEx
−$89.6K −$20.00/SF
NOI
$109.5K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,190,220
Cap Rate 7%
$1,564,443
Cap Rate 9%
$1,216,789
Alternative Uses
Best Use
Apartment 5plus
$1.56M
$1.37M – $1.83M
NOI $109,511 @ 7.0% cap · market cap 8.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,190 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,847
Businesses Nearby
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Business Placement
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
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Market
Properties on Market for Apartment buildings in Woodside
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Residential layouts include two- and three-bedroom apartments, along with two one-bedroom units.
Where is this apartment building located?
The property is located at 52-06 Roosevelt Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Five apartment layouts across four stories; First‑floor unit with 2 bedrooms and 2 bathrooms; Second- and third‑floor units each offer 3 bedrooms and 2 bathrooms
