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4132 53rd St Listing Details & Market Data

4132 53rd St, Woodside, NY 11377

  • For Sale $3,399,000
  • Property Type Multi-Family
  • Property Size 5,508 SF
  • Units 12
  • Lot Size 2,708 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1931
  • Date Updated Jul 28, 2021

12 unit building next to Roosevelt Avenue, 1 block from Sunnyside & 15 min to Manhattan. Prime location - rents out easily. High legal rents. Building ft. six 1 bdrm and six large studio apts. 10 units are currently vacant. Rare opportunity. Suitable for many applications. Re-rent or use for personal use. Also ideal for nonprofit group, dormitory use, employee housing, or religious organization. Multi-zoned property. Possibility to destabilize. Projected rent income over $270,000. Gross yearly income is $256,676, net yearly income is $202,521, & expenses are $54,155. Building is in excellent condition. Only half a block from 52nd St Woodside #7 train, a 5 min walk from the LIRR 61st St Station, and walking distance from nearly all other transportation. What a perfect location to own an asset like this to generate income and faster equity. The portfolio offers potential investors an opportunity to capitalize on the future upside in a very demaning and diversified neighborhood.

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Location

  • Walk Score ® Walker's Paradise (97)
  • Transit Score ® Rider's Paradise (100)
  • Bike Score ® Very Bikeable (81)
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  • City Woodside, NY
  • Neighborhood Woodside
  • Zip Code 11377
  • Market Queens

Contacts

broker

Imran Khan

IK Realty Team - Realty Executives Today

917-545-9797

Attachments

Contact Listing Broker

broker

Imran Khan

IK Realty Team - Realty Executives Today

917-545-9797

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