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68 10 Woodside Avenue

Kevin Kalimian Of Kalico Group Acquires Mixed-Use Property In Woodside Queens For $2.03M
SOLDMixed-use

Kevin Kalimian Of Kalico Group Acquires Mixed-Use Property In Woodside Queens For $2.03M

68 10 Woodside Avenue

$2,030,000

$317/SF

Building Size

6,400 SF

Asset Type

Mixed-use

Closing

Aug 13, 2025

AI

The asset involved in this transaction is a mixed-use property located at 68-06 / 68-08 / 68-10 Woodside Ave, situated in the Woodside market of Queens. The property consists of 3 commercial units and 3 residential units, totaling 6 units. The sale price for the property was set at $2,030,000. The total square footage of the asset is 6,400, resulting in a price per square foot of $317 and a price per unit of $338,333.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,030,000
  • Units: 6
  • Square Footage: 6,400
  • Price Per Unit: $338,333
  • Price Per Square Foot: $317
  • Buyer: Kevin Kalimian - Kalico Group
  • Broker Representatives: Christoffer Brodhead, Alexander Taic & Nikola Cosic - Ariel Property Advisors
  • Date of Transaction: 8/14/2025

Kevin Kalimian, representing Kalico Group, is a seasoned player in the real estate investment sector with over 30 years of experience in the New York area. The firm specializes in acquiring and developing various types of properties, including residential, commercial, and mixed-use. Kalico Group is actively pursuing additional investment opportunities throughout the five boroughs of New York City and Long Island.

Players

Alexander Taic

Ariel Property Advisors

Broker

$148.4M

vol

20 deals

Broker
Ariel Property Advisors
Ariel Property AdvisorsBrokerage

Woodside Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.81%

Cash-on-Cash

-2.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93