Updated 2 years ago
Off Market
41-25 53rd Street
Woodside, Queens | Roosevelt Ave & Queens Blvd
18 Rooms12 Beds6 Baths6,324 Square FeetIncome Property
$2,390,000
floors / apts3 / 12
Lot Size28'x100'
Built Size28'x75'
ZoneR6
Building TypeLow-Rise
RE Taxes$38,000
Price Per SF
$378
Building Amenities
- Voice Intercom
Property Description for 41-25 53rd Street
Imagine owning a slice of the vibrant and lucrative New York City real estate market! We’re thrilled to present you with an exclusive opportunity to invest in two prime buildings located in the heart of Queens, offering unparalleled potential for substantial returns. Strategic Location: Both properties are strategically situated in Ridgewood and Woodside, two of the most sought-after neighborhoods, in one of the most sought after boroughs in New York City!
Proven Income: With a combined gross income of $388,344.60, these buildings generate consistent and substantial rental revenue. With room for additional revenue!
Solid NOI: The Net Operating Income of $276,543.88 demonstrates the potential for strong and stable returns. Diverse Tenant Base: Enjoy a diverse and reliable tenant base, contributing to the stability and resilience of your investment.
This is your chance to enter the New York City real estate market with confidence and secure a steady stream of income. Don't miss out on this exclusive opportunity to become a part of the thriving real estate landscape in Queens.
For more detailed financials, property insights, or to schedule a private consultation, please email or call us directly. Seize this opportunity to diversify your portfolio and achieve your investment goals in the iconic city that never sleeps!
This building is part of a package deal. The other location is 61-19 Madison Street. The total asking price is $4,650,000 at a 6% CAP rate
Proven Income: With a combined gross income of $388,344.60, these buildings generate consistent and substantial rental revenue. With room for additional revenue!
Solid NOI: The Net Operating Income of $276,543.88 demonstrates the potential for strong and stable returns. Diverse Tenant Base: Enjoy a diverse and reliable tenant base, contributing to the stability and resilience of your investment.
This is your chance to enter the New York City real estate market with confidence and secure a steady stream of income. Don't miss out on this exclusive opportunity to become a part of the thriving real estate landscape in Queens.
For more detailed financials, property insights, or to schedule a private consultation, please email or call us directly. Seize this opportunity to diversify your portfolio and achieve your investment goals in the iconic city that never sleeps!
This building is part of a package deal. The other location is 61-19 Madison Street. The total asking price is $4,650,000 at a 6% CAP rate
Building Details for 41-25 53rd Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/12
Transit and Citi Bike
Subway
52 St
0.09 miles
46 St-Bliss St
0.4 miles
61 St-Woodside
0.43 miles
Railroad
WoodsideLong Island Rail Road
0.43 miles
Citi Bike
Skillman Ave & 54 St
0.08 miles
51 St & 43 Ave
0.16 miles
Contact Agents
Contact Agents
Chris Johnson
Nest Seekers International
Bianca D'Alessio
Nest Seekers International
Harshit Bhalla
Nest Seekers International
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: 75282TH
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