5616-5620 Woodside Ave, Woodside, NY
Fully occupied mixed-use building in prime Woodside location.
- Added:
- Aug 11, 2025
- Days on Market:
- 304
- Last Refresh:
- May 20 at 8:06 pm
Property Features for 5616-5620 Woodside Ave
General Information
- Standard status
- Active
- Size
- 6,340 SF
- Lot size
- 0.06 Acres
- Property subtype
- RETAIL
Listing agent Thomas Donovan License #10301211303 (646) 502-3481
Listing office Meridian Capital Group (646) 502-3481
Listing date Aug 11, 2025
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 Meridian Capital Group
HighLights
- 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
- Features 8 Rent Stabilized Apartments (1 Rent Controlled) & 3 Commercial Units
- Ideal long‑term investment or 1031 exchange opportunity
Overview
Local Financial Insights For Apartment 5plus
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 | $292.9k | $46.20 |
| − Vacancy | −$11.1k | −$1.76 |
| EGI | $281.8k | $44.44 |
| − OpEx | −$126.8k | −$20.00 |
| NOI | $155.0k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Woodside
- County
- Queens
- State
- New York
- Longitude
- -73.9076
- Latitude
- 40.7457
