Updated a year ago
Off Market
53-11 Skillman Ave
Woodside, Queens | 53rd Street & 54th Street
20 Rooms15 Beds10 BathsMulti-Family
$3,900,000
floors / apts3 / 6
Lot Size27'x100'
Built Size27'x68'
ZoneR5D
Building TypeTownhouse
RE Taxes$20,904
Property Description for 53-11 Skillman Ave
The Forray Team at The Corcoran Group is excited to present The Lindsay at 53-11 Skillman Avenue, a fully remodeled Five-unit boutique loft building located on the Sunnyside-Woodside border in Queens. This turn-key investment property includes five free-market units offering a strong blend of stability and growth potential in a high-demand rental market.
Originally redeveloped in 2021, The Lindsay combines classic brick architecture with luxurious modern finishes, including Italian cabinetry, oak flooring, and Carrara marble-inspired bathrooms. The building offers premium living spaces designed for long-term appreciation and high rental value. Current Cap Rate is 4.84% and is projected to be able to produce up to a 6.6% Cap Rate in the near future.
Just a few blocks from the 7 train at 52nd Street, The Lindsay offers easy access to Midtown Manhattan, multiple bus lines, and CitiBike stations, making it a prime location for renters seeking convenience and neighborhood charm. Surrounded by Sunnyside and Woodside's top cafes, restaurants, and boutique shops like Aubergine Caf and The Lowery Bar, it's also near Sunnyside Gardens Park and lively retail corridors.
Sunnyside is gaining recognition as one of NYC's most promising investment neighborhoods, with a 7.8% increase in StreetEasy searches from 2023 to 2024, underscoring its strong rental demand and future growth potential.
With modern upgrades, prime transit access, and a growing rental market, The Lindsay presents an exceptional turn-key investment opportunity in one of Queens' most desirable neighborhoods. For more details or to schedule a private showing, contact us directly.
Originally redeveloped in 2021, The Lindsay combines classic brick architecture with luxurious modern finishes, including Italian cabinetry, oak flooring, and Carrara marble-inspired bathrooms. The building offers premium living spaces designed for long-term appreciation and high rental value. Current Cap Rate is 4.84% and is projected to be able to produce up to a 6.6% Cap Rate in the near future.
Just a few blocks from the 7 train at 52nd Street, The Lindsay offers easy access to Midtown Manhattan, multiple bus lines, and CitiBike stations, making it a prime location for renters seeking convenience and neighborhood charm. Surrounded by Sunnyside and Woodside's top cafes, restaurants, and boutique shops like Aubergine Caf and The Lowery Bar, it's also near Sunnyside Gardens Park and lively retail corridors.
Sunnyside is gaining recognition as one of NYC's most promising investment neighborhoods, with a 7.8% increase in StreetEasy searches from 2023 to 2024, underscoring its strong rental demand and future growth potential.
With modern upgrades, prime transit access, and a growing rental market, The Lindsay presents an exceptional turn-key investment opportunity in one of Queens' most desirable neighborhoods. For more details or to schedule a private showing, contact us directly.
Listing History for 53-11 Skillman Ave
Now
04/07/2025
TOM by Chris Cavorti
Corcoran
02/05/2025
$3,900,000
Initial Price by Chris Cavorti
Corcoran
Building Details for 53-11 Skillman Ave
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1924
Floors/Apts3/6
Transit and Citi Bike
Subway
52 St
0.16 miles
61 St-Woodside
0.4 miles
46 St-Bliss St
0.45 miles
Railroad
WoodsideLong Island Rail Road
0.4 miles
Citi Bike
Skillman Ave & 54 St
0.05 miles
Woodside Ave & 55 St
0.11 miles
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: 99153TH
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