Exclusive Offering Memorandum 39-26 62nd Street Woodside, Queens WESTBRIDGE REALTY GROUP | 152 MADISON AVENUE, SUITE 202 | NEW YORK, NY 10016 | WWW.WESTBRIDGE-RE.COM EXECUTIVE SUMMARY Westbridge Realty Group has been retained as the exclusive broker to sell 39-26 62nd Street, a 5-story walk-up apartment building located between Roosevelt Avenue & 39th Avenue in Woodside, Queens. Built 40 ft x 88 ft, the building spans 17,600 square feet and contains 26 apartments. 18 of the 26 apartments have preferential rents totaling $144,000 annually The property is approximately 250 feet from the entrance to both the LIRR Woodside Station, and the 7 subway train at 61st St - Woodside Station. EXECUTIVE SUMMARY 39-26 62nd Street 2 DEAL HIGHLIGHTS ► Long term ownership, over 40 years ► Convenient location, walking distance to 7 train ► 18 of the 26 apartments have preferential rents ► $349 / SF ► $236,538 / Unit 39-26 62nd Street EXCLUSIVE AGENTS Ali Rossland Steven Westreich Director of Sales President (718) 551-8359 (914) 755-5906
[email protected] [email protected] 2 3 152 Madison Avenue | Suite 202 | New York, NY 10016 | (212) 658-0793 | Westbridge-Re.com PROPERTY INFORMATION ADDRESS 39-26 62nd Street YEAR BUILT 1927 CITY, STATE, ZIP Queens, NY 11377 STORIES 5 NEIGHBORHOOD Woodside UNITS 26 BLOCK/LOT 1231 / 45 ZONING R5D LOT SIZE 40’ x 101’ MAX FAR 2.0 LOT SF 4,040 SF TAX CLASS 2 BUILDING SIZE 40’ x 88’ BUILDING SF 17,600 SF PROPERTY INFORMATION 39-26 62nd Street 4 WESTBRIDGE REALTY GROUP GROSS INCOME TOTAL ANNUAL PER UNIT RENTAL INCOME