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Property Description

 NEW CONSTRUCTION MIXED-USE BUILDING DELIVERED VACANT 

An exceptional opportunity to acquire a newly constructed, mixed-use building in the heart of Woodside, Queens. Delivered vacant, this 11,574-square-foot property offers investors the flexibility to establish their own leasing strategy and maximize income potential from day one.

Ideally situated directly adjacent to the 69th Street 7 train station, the property benefits from outstanding transit accessibility, neighborhood amenities, and a high-visibility Roosevelt Avenue location.

The building features 10 one-bedroom residential apartments, a ground-floor retail space with basement, and a community facility, providing three distinct potential income streams. Modern construction, contemporary residential interiors, and a prime transit-oriented location make this a compelling addition to any real estate investment portfolio.

Property Highlights

  • Asking Price: $7,000,000
  • Building Size: 11,574 Gross SF
  • Residential: 10 One-Bedroom Apartments
  • Commercial: Ground-Floor Retail with Basement
  • Additional Space: Community Facility
  • Condition: New Construction, Delivered Vacant
  • Lot Size: 2,287 SF (20' × 114.33')
  • Zoning: R6
  • Transportation: Adjacent to the 69th Street 7 Train

Projected Investment Performance

  • Annual Gross Income: $523,740
  • Annual Net Operating Income: $357,428
  • Projected Cap Rate: 5.1%

With its combination of new construction, diversified income potential, and exceptional transit access, 67-17 Roosevelt Avenue presents an attractive opportunity for investors seeking a turnkey physical asset with leasing flexibility in Queens.

Financial figures are projections provided in the offering materials and are subject to independent verification.

Overview

Property Status
For Sale
Lot Size
2,287 Sq.Ft.
Property Type
Multi-Family

Features & Amenities

Sales Price
$7,000,000
Real Estate Tax
$7,000/mo

Downloads

67-17 Roosevelt Ave

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for your interest in 67-17 Roosevelt Ave, Woodside, NY 11377

67-17 Roosevelt Ave
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