Renovated Mixed-Use
For Sale
$1,598,000
67-05 Roosevelt Avenue, Woodside, NY 11377
Vacant commercial property with storefront, open offices, finished basement, and rear parking.
Days on Market53
Property Features for 67-05 Roosevelt Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Mixed Use
Zoning
R6, R5D, C1-4
Site & Location
Road Access
Yes
Public Transit
Yes
Amenities
large backyard
Building Details
Building Size
2,412 SF
Year Built
1931
Buildings
1
Tenancy
Single
Listing Agency:
NY Superior Realty
(718) 205-7770
Listed By:
Nora E. Avalos
Source:
Serhant
Added: Jun 10
Changed: Jul 31
Last Checked: Aug 1 at 10:57AM
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 NY Superior Realty
Investment Insights
Based on property information with market context.
This fully renovated mixed-use building is delivered completely vacant and includes a first-floor storefront/office space, a second-floor open office space, and a finished basement with an open room and half bath. Recent improvements include a new boiler, roof, flooring, and complete interior and exterior renovation. The property also includes a large backyard with parking for approximately 3-4 vehicles and rear access through the driveway between 65-10 38th Avenue.
Located at 67-05 Roosevelt Avenue in Woodside, the property is close to the 7 train, LIRR, shops, restaurants, and neighborhood businesses. Zoning includes R6, R5D, and C1-4. The building was constructed in 1931.
Located at 67-05 Roosevelt Avenue in Woodside, the property is close to the 7 train, LIRR, shops, restaurants, and neighborhood businesses. Zoning includes R6, R5D, and C1-4. The building was constructed in 1931.
Key Highlights
- Fully renovated interior and exterior commercial building
- First‑floor storefront/office, second‑floor open office, and finished basement with half bath
- Delivered completely vacant
Financial Insights For Office B
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 | $121.6k | $50.40 |
| − Vacancy | −$15.7k | −$6.50 |
| EGI | $105.9k | $43.90 |
| − OpEx | −$26.5k | −$10.97 |
| NOI | $79.4k | $32.92 |
2,412 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.13M
$992.7K – $1.32M
NOI $79,412 @ 7.0% cap · market cap 4.97%
Second Best
Retail
$615.1K
$538.2K – $717.6K
NOI $43,054 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$1.78M
$1.56M – $2.07M
NOI $124,471 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,571
Businesses Nearby
Explore this area
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
Market
Properties on Market for Mixed-use properties in Woodside
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant commercial property with storefront, open offices, finished basement, and rear parking.
Where is this mixed-use property located?
The property is located at 67-05 Roosevelt Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Fully renovated interior and exterior commercial building; First‑floor storefront/office, second‑floor open office, and finished basement with half bath; Delivered completely vacant
