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49-04 69th Street Woodside St 2 Unit Apartment Building $1,944,596 CAD ($972,298 CAD/Unit) 6.79% Cap Rate Woodside, NY 11377

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INVESTMENT HIGHLIGHTS

  • High-visibility storefront in a prime Woodside location
  • Separate entrances and meters
  • Private rear parking
  • All-brick construction
  • A full basement
  • Close to subway and amenities

EXECUTIVE SUMMARY

DELIVERED VACANT!! Prime mixed-use building for Sale in Woodside, Queens! Featuring First floor & Basement formerly occupied by Luke Kelly's Bar - now vacant and ready for your new business or tenant. The second floor offers a spacious 4-bedroom, 2-bathroom residential apartment generating $4,000/month rental income. Low property taxes! Approximately $6,103 per year. There is one private car parking space located at the rear of the property. This is a fantastic opportunity for investors or business owners seeking a mixed-use property in a high-demand Woodside location. Only 15-mins walking distance to the 7-train subway, near multiple bus lines, restaurants, shopping and more. Make this your next property today.

ATTACHMENTS

Proforma

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $150,119 $72.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $150,119 $72.17
Taxes $8,483 $4.08
Operating Expenses $7,922 $3.81
Total Expenses $16,405 $7.89
Net Operating Income $133,714 $64.29

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $150,119
Annual Per SF $72.17
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $150,119
Annual Per SF $72.17
Taxes (CAD)
Annual $8,483
Annual Per SF $4.08
Operating Expenses (CAD)
Annual $7,922
Annual Per SF $3.81
Total Expenses (CAD)
Annual $16,405
Annual Per SF $7.89
Net Operating Income (CAD)
Annual $133,714
Annual Per SF $64.29

PROPERTY FACTS

Price $1,944,596 CAD
Price Per Unit $972,298 CAD
Sale Type Investment
Cap Rate 6.79%
Gross Rent Multiplier 14.6
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 2,080 SF
Average Occupancy 0%
No. Stories 2
Year Built 1922
Parking Ratio 0.48/1,000 SF
Zoning R4-1 - A low-density residential district for one- or two-family homes (detached or semi-detached), allowing zero lot line construction and specific yard/height rules, distinct from general R4 by prohibiting multi-family buildings.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Oven
  • Tub/Shower
  • Framed Mirrors
  • Large Bedrooms

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+2 1 $5,560 CAD 2,000
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02428-0046
Land Assessment
$6,902 CAD (2025)
Improvements Assessment
$35,369 CAD (2025)
Total Assessment
$42,271 CAD (2025)
Annual Taxes
$8,483 CAD ($4.08 CAD/SF)
Tax Year
2024
  • Listing ID: 38390004

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 49-04 69th Street Woodside St, Woodside, NY 11377

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