Updated 5 years ago
Off Market
43-11 54th Street
Woodside, Queens | Roosevelt Ave & Queens Blvd
15 Rooms6 Beds5 Baths3,210 Square FeetMulti-Family
$1,899,000
floors / apts3 / 5
Lot Size20'x100'
Built Size20'x53'
ZoneR5B
Building TypeLow-Rise
RE Taxes$30,125
Price Per SF
$592
Outdoor space and views
- Backyard
- Balcony
Building Amenities
- Garden
Property Description for 43-11 54th Street
Unique Investment Opportunity in Prime Woodside Location!
43-11 54th Street is a renovated and well-kept residential building with potential for upside and financial growth. Ideal for investors and users; make it a homeowner occupied with income-producing units or build your investment portfolio.
The building consists of five fully occupied free-market residential units, a finished basement, and a sprawling backyard that can be used privately or designated common area.
Layout: The first floor consists of a two-bedroom apartment, one bath, and direct access to the back garden. The second and third floors are identical, featuring mirror image layouts of a one-bedroom, one bath, and a large balcony for each apartment. All of the apartments feature renovated kitchens with stainless steel appliances and remodeled bathroom. The finished basement consists of generous open space with a kitchen, full bathroom, and two additional rooms that may be utilized for storage. An installation of washers and dryers for tenants could potentially generate supplementary income.
The building is conveniently located just a block away from Roosevelt Avenue and two short blocks from the 7 train, 12 minutes away from Times Square. Woodside is a well-diverse community offering fine dining, shopping, and many cultural activities.
A complete building setup and financial report are available upon request.
Listing History for 43-11 54th Street
Now
12/23/2021
Expired by Lior Politi
Corcoran
12/06/2021
Back on the Market by Lior Politi
Corcoran
Building Details for 43-11 54th Street
OwnershipMulti-Family
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built1975
Floors/Apts3/5
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: 81139TH
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