8950 Woodhaven Blvd
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8950 Woodhaven Blvd
1,860 SF 100% Leased Retail Building Woodhaven, NY 11421 £1,318,878 (£709/SF) 5.35% Net Initial Yield
Investment Highlights
- Corner brick building in high trafficked area; close to major highways and the JFK, recently renovated stores and apartments
Executive Summary
Great mix use investment property. Corner property. three commercial spaces on first floor, two apartments on 2nd floor and one garage. Great location on Woodhaven Blvd. Close to bus and train transportation, shopping and schools. Currently fully tenanted. Apartments have no leases.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,860 SF
Building Class
C
Year Built
1930
Price
£1,318,878
Price Per SF
£709
Net Initial Yield
5.35%
NOI
£70,601
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.07
Lot Size
0.04 AC
Zoning
R3A - Residential and Commercial use
Parking
1 Space (0.54 Spaces per 1,000 SF Leased)
Frontage
20 ft on 8950 Woodhaven Blvd.
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 08974-0034 | Total Assessment | £174,380 |
| Land Assessment | £20,143 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £154,237 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
08974-0034
Land Assessment
£20,143
Improvements Assessment
£154,237
Total Assessment
£174,380
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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8950 Woodhaven Blvd
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