5206 Roosevelt AveWoodside, NY 11377

This exceptional five-family brick building in Woodside, NY, presents a lucrative investment opportunity. The property, situated at 5206 Roosevelt Avenue, boasts a substantial 4,480 square feet of living space spread across four floors, plus a full finished walk-out basement. The building dimensions are 20 feet by 56 feet, situated on a 2,131 square foot lot. The layout includes a diverse mix of units: the first floor offers a two-bedroom, two-bathroom unit with high conversion potential for commercial use, such as a store or office. The second and third floors each feature three-bedroom, two-bathroom units, while the fourth floor comprises two separate one-bedroom, one-bathroom units. The finished basement provides significant additional space and convenient backyard access. The property is equipped with five individual boilers and five individual heaters, ensuring efficient and independent climate control for each unit. Its prime location on Roosevelt Avenue offers unparalleled convenience, with proximity to an array of shops, restaurants, parks, and schools. Excellent public transportation is readily available, including the 7 train, LIRR access, and numerous bus routes. Manhattan is just a 15-minute commute away, making this property ideal for both residential and commercial ventures. The property also features a separate hot water heater. This is a rare opportunity to acquire a well-maintained, high-potential multifamily building in a highly desirable and rapidly developing neighborhood.