$7,600,000
Updated a year ago
Off Market

53-11/17 Skillman Ave

Woodside, Queens | 54th Street & 54th Street

38 Rooms27 Beds21 Baths10,416 Square FeetIncome Property

$7,600,000
floors / apts3 / 11
Building TypeTownhouse
Price Per SF
$730

Building Amenities

  • Voice Intercom

Property Description for 53-11/17 Skillman Ave

The Skillman Portfolio: A Prime Investment Opportunity.

The Forray Team at The Corcoran Group is proud to present The Skillman Portfolio, featuring The Lindsay (53-11 Skillman Ave) and The Camille (53-17 Skillman Ave)-two fully remodeled boutique loft buildings on the Sunnyside-Woodside border.

This turn-key investment includes 11 units (10 free-market, 1 rent-stabilized), blending stability with strong growth potential in a high-demand rental market. Originally redeveloped in 2021, both buildings feature Italian cabinetry, oak flooring, and Carrara marble-inspired bathrooms, ensuring premium living spaces with lasting value.

The Lindsay (5 units) - 4.84% Cap Rate, projected 6.6%

The Camille (6 units) - 5.73% Cap Rate, projected 7.24%

Just blocks from the 7 train at 52nd Street, the portfolio offers prime access to Midtown Manhattan, CitiBike stations, and major bus lines. Steps from top Sunnyside/Woodside restaurants, caf s, and Sunnyside Gardens Park, this location attracts renters seeking both convenience and charm.

With a 7.8% increase in StreetEasy searches from 2023-2024, Sunnyside continues to rise as a premier investment market. The Skillman Portfolio delivers strong returns, modern upgrades, and unbeatable location-an exceptional opportunity in Queens.

For more details or to schedule a private showing, contact us directly.

Listing History for 53-11/17 Skillman Ave

Now
04/25/2025
TOM by Chris Cavorti
Corcoran
02/26/2025
$7,600,000
Initial Price by Chris Cavorti
Corcoran

Building Details for 53-11/17 Skillman Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1924
Floors/Apts3/11
Learn More About the Building

Contact Agents

Contact Agents

Donald Lai
Corcoran

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: 99391TH