Mixed-Use Property at 65-27 Roosevelt Avenue Woodside
$6,595,000
65-27 Roosevelt Avenue, Woodside, NY 11377
13,216 SF
Square Feet
$499
PPSF
6.66%
CAP
Property Description
NOI
$438,922
Cap Rate
6.66%
65-27 Roosevelt Ave, Woodside NY 11377
New Build, Built 2023 - Elevator Building
9 Apartments / 3 Medical Retail Tenants
Gross $510k, Net $440k
33 Year Tax Abatement Remaining
Property Details
Asset Type
Mixed-use
Year Built
2023
Zoning
R6
Lot Size
2,609 SF
Neighborhood
Woodside
Submarket
Woodside
ZIP
11377
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$696,350
Debt Service Coverage Ratio (DSCR)
1.86x
Cap Rate
10.56%
Cash Flow (Annual)
$321,186
Cash-on-Cash Return
19.48%
Monthly Debt Service
$31,264
Annual Debt Service
$375,164
View on Map
Address
65-27 Roosevelt Avenue
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Woodside Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
No investors found in this market.
