4125 53rd Street, Woodside, NY 11377
Queens County
Key Facts
Description
Presenting solid income producing asset in the heart of Woodside This 12-family brick building is a rare opportunity to acquire a well-maintained, income-producing asset in one of Queens' most dynamic neighborhoods. Offering 6,324 square feet of living space, this property combines a strong rent-stabilized income stream with value-add potential through recent upgrades and ancillary storage rental income. Property Features & Condition Building Size: 6,324 sq ft of living area across 12 residential units, providing ample space. 9 of the 12 units have been recently renovated with modern kitchens, bathrooms, flooring, and energy-efficient windows, increasing tenant satisfaction and retention. The building features a brand new roof and boiler system, minimizing capital expenditures for the foreseeable future and ensuring reliable heating during cold months. On-site storage bins add a supplementary income stream, which is increasingly attractive in urban rental markets. Brick Construction: Classic durable brick exterior providing long-lasting structural integrity and aesthetic appeal. Updated electrical and plumbing systems in renovated units. The property is located within walking distance of the 7 train, offering a quick 12-minute commute into Midtown Manhattan-ideal for daily commuters and professionals. Tenants enjoy close proximity to a wide array of retail shops, cafes, restaurants, grocery stores, and services that make Woodside ia known location only minutes from the city with well-kept parks, making it . Close to all schools and has convenient access to healthcare facilities. 12 rent-stabilized units provide a reliable and predictable cash flow, insulated from extreme rent volatility. Storage units generate extra income, helping to boost overall returns. New roof and boiler reduce near-term capital expenses and maintenance risks. With 3 units not yet renovated, there's an opportunity to increase rents through further upgrades, subject to rent regulation. Strong Demand Market: Woodside continues to experience high rental demand driven by excellent transit access and neighborhood amenities. Seller is also selling an addition 8 units in Ridgewood as a package deal .
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Style
Row Dwelling
Year Built
1928
Stories
3
Living Area
6,324 sq ft
Lot Size
0.06 acres
Days on Market
22
MLS® Listing#
995309
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Fencing
Lot Features
Construction
Security
Utilities
Sewer
Water Source
Schools
- Elementary:
- Children'S Lab School (The)
- Middle:
- Is 125 Thomas J Mccann Woodside
Financial Details
Annual Taxes
$41,857
Assessed Value
$356,400
Parcel Number
01316-0040
Directions
Google maps
Affordability Calculator
$511,778
Estimated monthly payment
$13,619/mo
Principal $2,047,110 · Est. interest $2,855,901 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Woodside, NY
- $616,667
- Median Listing Price
- 94
- Median Days on Market
- 793
- Median Sq Ft
- $712
- Median Price / Sq Ft
- 165
- Active Listings
- This home’s price is 315% above the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Woodside, NY.
Location
Points of Interest in Woodside, NY
Showing the Woodside area map.
Nearby Schools
PS 11
Elementary · 0.1 mi away
Razi School
Secondary · 0.2 mi away
St. Sebastian Catholic Academy
School · 0.3 mi away
Woodside Community School (the)
Elementary · 0.4 mi away
I S 429
School · 0.4 mi away
Escuela Paraguaya de Nueva York
School · 0.5 mi away
Woodside Intermediate School 125
Secondary · 0.5 mi away
Is 125 Thomas J McCann Woodside
Secondary · 0.5 mi away
Gotham Tech High School
Secondary · 0.6 mi away
The Q Studiolab
Elementary · 0.6 mi away
PS 150
Elementary · 0.6 mi away
The Children's Lab School
Elementary · 0.6 mi away
The Riverview School
Elementary · 0.8 mi away
PS 152 Gwendolyn N. Alleyne School
Elementary · 0.8 mi away
PS 199
Elementary · 0.9 mi away
PS 151
Elementary · 0.9 mi away
Al- Kauthar Institute
School · 0.9 mi away
Queens Vocational & Technical High School
Secondary · 0.9 mi away
PS 398q - the Hector Figueroa School
Elementary · 0.9 mi away
William Cullen Bryant High School
Secondary · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 47-15 47th Street, Woodside, NY | $1,798,000 | — | — | 5,040 |
| 47-16 46 Street, Woodside, NY | $1,800,000 | — | — | 4,920 |
| 37-35 59th Street, Woodside, NY | $1,850,000 | 3 | 2 | 1,818 |
| 40-36 69 Street, Woodside, NY | $1,900,000 | 6 | 4 | 2,044 |
| 6728 48th Avenue, Woodside, NY | $1,950,000 | — | — | 3,121 |
| 52-16 Roosevelt Avenue B1, Woodside, NY | $1,950,000 | — | — | 5,400 |
Moving Cost Estimate
EXIT Agents in Woodside
Listing Courtesy: One Stop Multi Service Inc - 7185540257
Presented by: Raymond N. Rivera
Fair Housing Notice