43-20 52nd Street, #RS, New York (Woodside), NY, 11377 | $2,990,000

Rare Opportunity to Own Two Prime Retail Condo Units in Woodside Discover this exceptional investment package featuring two ground-floor retail condos in a newly constructed building on bustling 52nd Street. The offering includes Unit B1 (845 SF), currently leased and generating stable rental income, and Unit B2 (3, 010 SF), delivered vacant for end-users or investors. Together they provide 3, 855 SF of premium retail space in one of Queens' most dynamic neighborhoods. Situated between Roosevelt Avenue and Queens Boulevard, this prime location offers exceptional foot traffic and visibility just steps from the 52nd Street 7 train station and multiple bus routes (Q60, Q32, Q104). The surrounding area features dense residential neighborhoods, new developments, and thriving commercial activity, with easy access to major highways including the LIE, BQE and Queensboro Bridge. Both units feature private ADA-compliant restrooms, individual utility meters, HVAC systems and full sprinkler coverage. The property presents multiple exit strategies - purchase together or separately (B2 is also available for lease, MLS# 848799). Unit B2's spacious 3, 010 SF vacant space offers tremendous potential for restaurants, retail stores, medical offices or other commercial uses. The excellent transportation access, strong neighborhood demographics and limited retail units inventory in this high-demand corridor make this a rare opportunity for investors and business owners alike. Don't miss your chance to own in Woodside's next retail hotspot!

Features

  • Town: New York
  • Property Type: Retail
  • Construction: Other
  • Utilities: See Remarks
  • Heating: Ducts, Electric, Forced Air
  • Cooling: Central Air
  • Year Built: 2021
  • Est. Taxes: $11,572
  • MLS#: 847424
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/847424/432052ndstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of B Square Realty Inc   Phone: 718-939-8388

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

43-20 52nd Street, #RS, New York (Woodside), NY, 11377

$2,990,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,392,000 $2,392,000 $2,392,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.739% 6.309%
Monthly Tax Payment $964 $964 $964
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,582 $15,316 $20,347
Total Monthly Payment $14,671 $16,405 $21,436

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.