![]() |
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!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,990,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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.