77-16 Woodside Avenue, Queens (Elmhurst), NY, 11373 | $1,750,000
Turnkey Trophy Asset 7. 5 Cap Fully Occupied Mixed-Use Gem
Introducing a rare opportunity to own a sleek 2-unit mixed-use condominium in a vibrant, high-density corridor that practically prints cash. Built just 11 years ago, this modern new construction property is as sharp as it is solid - offering investors a fully leased, income-generating machine with zero headaches and serious upside.
NOI 136, 150 7. 5 Cap Rate
1 Commercial Condo featuring 2 dynamic retail storefronts
1 Residential Condo comprised of 4 fully occupied rental apartments
Strong occupant mix with consistent cash flow and proven performance
Located in a high-traffic, transit-rich neighborhood - excellent for both residential living and commercial exposure
Surrounded by shopping, dining, and major transportation hubs, making it a resident and commuter favorite
This is the kind of turnkey investment that savvy buyers dream of - low maintenance, fully stabilized, and delivering immediate returns. Whether you're expanding your portfolio or entering the mixed-use space with confidence, this property checks every box.
Solid construction. Prime location. Sexy numbers.
Let's talk.
Features
- Town: Queens
- Levels: 4
- Cooling: Unknown Type
- Zoning: R6B
- Laundry: InUnit
- Year Built: 2014
- Building Access : None
- Built Size: 20'x57'7"
- OLR#: RPLU5123422240
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/RPLU5123422240/7716woodsideavenue_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Douglas Elliman Real Estate - Park Plaza
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
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
77-16 Woodside Avenue, Queens (Elmhurst), NY, 11373
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
| 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% | 6.727% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,949 | $8,964 | $11,909 |
| Total Monthly Payment | $8,074 | $9,089 | $12,034 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535