Barnes Family Sells Retail Asset At 63-88 Woodhaven Boulevard In Middle Village For $4M
SOLD
$4,000,000
New York
See Similar DealsRetail6,634 SF
Sold 12/15/2025
SOLD
Barnes Family Sells Retail Asset At 63-88 Woodhaven Boulevard In Middle Village For $4M
63 88 Woodhaven Boulevard
See Similar DealsRetail6,634 SF
Sold 12/15/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$603
Total Square Footage:6,634 SF
Transaction Type:Sale
This retail asset located at 63-88 Woodhaven Boulevard in Middle Village was sold for $4,000,000. The property spans 6,634 square feet, equating to a price per square foot of $602.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Square Footage: 6,634
- Price per Square Foot: $602
- Seller: Barnes Family
- Broker: Paul Youssef - FTS Capital
- Date of Transaction: 12/15/2025
Paul Youssef of FTS Capital represented the seller, the Barnes Family, in this transaction. The deal showcases the active engagement of brokers in facilitating property sales in the retail sector.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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