Barnes Family Sells Retail Asset At 63-88 Woodhaven Boulevard In Middle Village For $4M
63 88 Woodhaven Boulevard
$4,000,000
$603/SF
Building Size
6,634 SF
Asset Type
Retail
Closing
Dec 14, 2025
AI
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.
Players
Rego Park Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93