41-25 53st, woodside, NY 11377

$2,588,888
Active for Sale
 
Listing ID 11737551
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Woodside
Total Tax $42,772
FEMA Flood Map fema.gov/portal
Year Built 1928
Virtual Tour

Presenting solid income producing asset in the heart of Woodside

Rare opportunity to acquire a well-maintained 12-unit brick multifamily building in the heart of Woodside - one of Queens' most dynamic and high-demand rental markets. This income-producing asset offers approximately 6,324 square feet of residential living space and combines stable rent-stabilized cash flow with significant long-term upside potential. The property features 12 residential units, with 7 of the 12 apartments recently renovated with modern kitchens, updated bathrooms, new flooring, and energy-efficient windows designed to enhance tenant satisfaction and retention. The building has also undergone major capital improvements including a brand-new roof and boiler system, helping minimize future maintenance costs and providing peace of mind for investors. Additional income is generated through on-site storage bins, creating an attractive ancillary revenue stream. The classic brick construction offers durability, low maintenance, and timeless curb appeal. Several units also feature updated electrical and plumbing systems. Ideally situated within walking distance to the 7 Train, the property offers approximately a 12-minute commute to Midtown Manhattan, making it highly desirable for commuters and long-term tenants alike. Residents enjoy immediate access to shopping, supermarkets, restaurants, cafes, parks, schools, and all neighborhood amenities that continue to make Woodside one of the most sought-after communities in Queens. Investment Highlights: • 12 Residential Units • Approx. 6,324 Sq. Ft. • 7 Recently Renovated Apartments • New Roof & Boiler • Additional Storage Income • Strong Rent-Stabilized Cash Flow • Prime Transit-Oriented Location • Walking Distance to 7 Train • Excellent Long-Term Appreciation Potential Value-Add Opportunity: With 5 units remaining to be updated, investors have the opportunity to further increase rental income through future renovations, subject to applicable rent stabilization guidelines. Package Deal Opportunity: Seller is also offering an additional 8-unit multifamily property located at 6119 Madison St in Ridgewood. Combined, both assets create a rare 20-unit Queens multifamily portfolio opportunity ideal for investors seeking scale, stable income, and long-term growth potential in two of NYC's strongest rental markets.
Property Details
  • 12 Full Baths
  • 6324 SF (AG)
  • 6324 SF (Total)
  • 2780 SF Lot
  • Built in 1928
  • 3 Stories
  • Available 4/30/2026
  • Full Basement
  • Lower Level: Finished
  • Renovation: 2020-2024
Unit Information
Unit #1Residential Income, Rent Price: 1640, Full Baths: 1, Occupied, Unit Count: 1
Unit #2 – Rent Price: 1371, Full Baths: 1, Occupied, Unit Count: 2
Unit #3Residential Income, Rent Price: 1244, Full Baths: 1, Occupied, Unit Count: 3
Unit #4Residential Income, Rent Price: 1297, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 4
Unit #5Residential Income, Rent Price: 1427, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 5
Unit #6Residential Income, Rent Price: 1303, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 6
Unit #7Residential Income, Rent Price: 1928, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 7
Unit #8Residential Income, Rent Price: 1991, Full Baths: 1, Occupied, Unit Count: 8
Unit #9Residential Income, Rent Price: 1372, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 9
Unit #10Residential Income, Rent Price: 1630, Full Baths: 1, Occupied, Unit Count: 10
Unit #11Residential Income, Rent Price: 1192, Full Baths: 1, Occupied, Unit Count: 11
Unit #12Residential Income, Rent Price: 1780, Bedrooms: 1, Full Baths: 1, Unit Count: 12
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Hot Water
  • Natural Gas Fuel
  • Natural Gas Avail
  • 110 Amps
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Rubber Roof
  • Attached Garage
  • Municipal Water
  • Municipal Sewer
  • Street View
  • City View
  • Near Bus
  • Near Train
Commercial Info
  • 6.26% Cap. Rate
Income/Expenses
  • Gross Income $228,897
  • Net Income $161,896
  • Insurance Exp $4,054
  • Heat Exp $7,934
  • Electric Exp $1,250
  • Water Exp $7,929
  • Misc Exp $937
  • Total Exp $67,000
  • Paid by Landlord: Heat, Water, Insurance
Taxes and Fees
  • $42,772 Total Tax
Listed By
ONE STOP MULTISERVICE INC
Office: 718-554-0257
Mobile: 718-554-0257
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Request Cobroke

If you're not a member, fill in the following form to request cobroke participation.

Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 5 plus 1?