$999,000
Updated 6 years ago
Off Market

59-30 55th Street

Woodside, Queens | Grand Ave & Grand Ave

12 Rooms7 Beds3 Baths2,829 Square FeetMulti-Family

$999,000
floors / apts3 / 2
Lot Size25'x100'
Built Size22'x46'
ZoneM1-1
Building TypeHouse
RE Taxes$7,320
Price Per SF
$353

Outdoor space and views

  • Backyard
  • Garden Views

Building Amenities

  • Driveway
  • Garage
  • Laundry Room

Property Description for 59-30 55th Street

FOUR Exposures, THREE Floors, TWO Units, ONE Sweet Deal! VIRTUAL VIEWING: https://listing3d.com/59-30-55th-street-flushing-queens-new-york-ny/sYQAAFSoAAATX Welcome to 59-30 55th Street, a 2,829SF 2-family home on the border of East Williamsburg, Ridgewood and Maspeth. With two renovated 1,020SF apartments upstairs, a fully finished 789SF guest suite downstairs, a 937SF backyard, and a 1,240SF two story garage plus shared driveway...this is one sweet deal. The home itself is 22'x46' and sits on a 25'x100' lot --which is not very common in the area. UNIT 1 : Enter the first floor apartment and you'll find an open plan living room and kitchen with two exposures. The windowed kitchen has ample storage, clean lines, cooktop, dishwasher, and an island that can double as a prep area or a dining bar. Continue past the spacious, windowed bathroom and you'll discover there are four bedrooms that have been configured as three bedrooms. Bedroom #1 is a combination of two rooms and fits a king size bed. Bedroom #2 (currently used as a walk in closet) could easily be used as a home office. Bedroom #3 (currently combined with Bedroom #2) can fit a queen size bed and opens out to the back yard. Hardwood floors throughout. UNIT 2 : Enter the bright and airy second floor apartment and you are greeted by high ceilings, a wide open living room and sunshine from four exposures plus a skylight. The galley kitchen has stainless steel appliances, clean lines and an abundance of storage. To the left you have three sunny bedrooms which have closets with great overhead storage. Across the living room at the back of the house you have the windowed bathroom and fourth bedroom which overlooks the backyard. BASEMENT: Enter the 7'6" ceiling basement from the front or rear steps and you'll find common laundry and a comfortable recreation room (currently used as a two room recreational suite) with tiled floors, recessed lighting, full bathroom, wet bar and pantry. GARAGE: One of the coolest features of this home is the two story garage. The upper level is wide open and would make the perfect clubhouse, yoga studio, gym, mancave/sheshed, etc. Downstairs you can fit four vehicles inside the garage plus another outside in the paved yard with shared driveway. The owner did renovations in the upper two units and basement several years ago. The timeless design is still relevant today and all you need is a little polish to get it gleaming again. This home is so close to East Williamsburg and Ridgewood that with minor cosmetic edits you can easily command top rents. Current comps are 4Bed/1Bath $3,000 , 3Bed/1Bath $2,400 , Garage $750, Basement $1,690 When you are ready to venture out of the house, there are tons of bars and restaurants in the area including: ECB, The Rookery, Forrest Point, Kings Tavern,Three Diamond Door, Bunna Cafe, Sakura 7, live music at The Footlight and the latest neighborhood hotspot The Knockdown Center --a contemporary art, performance and event space. If that’s not enough, you also have all of the amenities and nightlife that Williamsburg and Ridgewood have to offer. Nearby buses: Q59, Q54, and B57. Closest train station is the L train at Jefferson Ave. NOTE TO INVESTORS: 6% Cap Rate BUYER BONUS: Seller, a contractor, cleared garage and is tossing in full sets of tools for three trades and fixtures /finishes to renovate three bathrooms if desired. VIRTUAL AND PRIVATE SHOWINGS BY APPOINTMENT ONLY.

Video Walkthrough


Listing History for 59-30 55th Street

Now
07/14/2020
POM by Malika Oyo
Compass
06/23/2020
$999,000 [-$151,000] [13.1%]
Price Drop by Malika Oyo
Compass

Building Details for 59-30 55th Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Citi Bike

53 St & Flushing Ave
0.16 miles
Grand Ave & 55 St
0.17 miles

Contact Agent

Contact Agent

Malika Oyo
Compass

Woodside | Queens

Quick Profile

From Irish enclave to modern day melting pot, Woodside Queens is an affordable working-class neighborhood with a laid-back vibe.  

 Woodside is bordered by Elmhurst to the east, Astoria to the west, Jackson Heights to the northeast and Long Island City to the south.

 According to many residents, one of the perks of living in the neighborhood is the short train commute to Manhattan and Grand Central Station. What Woodside lacks in attractions, it certainly makes up for it with fun bars and pubs, coffee shops, parks, and food spots. Especially the endless variety of ethnic food establishments throughout the neighborhood.

 Queens is already the epicenter of ethnic food. So, it’s no surprise that there are many culinary treasures in Woodside. Especially when it comes to Filipino food. Little Manilla, as it's affectionately known as, begins at 63rd Street on Roosevelt Avenue and extends to 71st. You’ll find Filipino markets and restaurants selling everything from comfort food to traditional Filipino ingredients. Make sure you come hungry.

 Woodside has always been a melting pot. Irish, Italian and German immigrants flocked to the neighborhood in the early 20th century. In recent years, Asian and Latin immigrants have joined the population.

 As of lately, the neighborhood has attracted people looking to get a little more bang for their buck as well as those who have been priced out of nearby areas like Sunnyside and Long Island City. Most Woodside residents rent and a smaller portion of them own.

 When it comes to housing stock, you’ll find a little bit of everything in Woodside. Standalone houses, large apartment buildings, towering co-ops and 2 and 3 story detached homes are common.

 The neighborhood has not seen an explosion of growth in new and modern construction yet so there are some good deals to be had. The average listed price is $419,000 while the median listed price is $372,000.

 Woodside's main commercial artery is Roosevelt Avenue, which has always been a busy thoroughfare. Irish bars, Italian bakeries, mom and pop stores of every type share the commercial space. The rumbling subway passes overhead on the elevated track and adds a little grittiness to it all.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78362TH