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5216 Roosevelt Ave 3,458 - 5,418 SF Condo Units Offered at $1,917,538 CAD Per Unit in Woodside, NY 11377
Executive Summary
Brand-new commercial condominium offering exceptional value in a prime location near the subway and along a busy main thoroughfare. The property includes approximately 3,064 SF of ground-floor commercial space plus approximately 2,354 SF of legal commercial basement space, for a total of approximately 5,418 SF. Both the ground floor and basement have commercial Certificates of Occupancy, providing flexible potential for a wide variety of retail, office, showroom, medical, professional, or service-related uses, subject to applicable regulations and approvals. The open layout offers excellent flexibility for an owner-user, investor, or business operator to customize the space according to their needs. C2-3 zoning. Approximately 20 years of tax benefits, with annual real estate taxes of approximately $10,000. Offered at $1,830,000—approximately $337 per square foot based on the combined square footage. A rare opportunity to own a large, newly built commercial condo at an exceptional price.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange, Build to Suit, Lease Option |
| Sale Status | Under Contract |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Sale Conditions | 1031 Exchange, Build to Suit, Lease Option |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit B1 | 5,418 SF | Retail | Upon Request | - |
| Unit A | 3,458 SF | Medical | $1,917,538 CAD ($554.52 CAD/SF) | - |
Unit B1
| Unit Size |
| 5,418 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit A
| Unit Size |
| 3,458 SF |
| Condo Use |
| Medical |
| Price |
| $1,917,538 CAD ($554.52 CAD/SF) |
| NOI |
| - |
Unit B1
| Unit Size | 5,418 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| Vacant |
Unit A
| Unit Size | 3,458 SF |
| Condo Use | Medical |
| Price | $1,917,538 CAD ($554.52 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Sale Conditions | 1031 Exchange, Build to Suit, Lease Option |
Property Facts
| Total Building Size | 21,710 SF | Floors | 6 |
| Property Type | Multifamily | Typical Floor Size | 3,197 SF |
| Property Subtype | Year Built | 2021 | |
| Building Class | B | Lot Size | 0.09 AC |
| Zoning | R6/C2-3 - Commercial Zoning . | ||
| Total Building Size | 21,710 SF |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 3,197 SF |
| Year Built | 2021 |
| Lot Size | 0.09 AC |
| Zoning | R6/C2-3 - Commercial Zoning . |
Presented by
Elaine Tian
5216 Roosevelt Ave
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