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41-16 54th Street

Woodside, Queens | Skillman Ave & Roosevelt Ave

37 Rooms18 Beds6 Baths5,508 Square FeetIncome Property

$1,650,000
floors / apts3 / 6
Lot Size27'x100'
Built Size27'x68'
ZoneR5D
Building TypeTownhouse
Price Per SF
$300

Building Amenities

  • Voice Intercom

Property Description for 41-16 54th Street

Fully rented six-family walk-up in Sunnyside where every apartment is a 3-bedroom — six units of approximately 918 square feet each, four free market and two rent stabilized. The building measures 5,508 square feet on a 27 x 100 lot with R5D zoning.The 7 train at the 52nd St and 46th St-Bliss St stations puts tenants at Grand Central in roughly 10 minutes.Strong in-place income at actual rents, with the family-sized layouts that keep buildings like this full. An ideal fit for an owner-operator or 1031 buyer seeking durable cash flow. Full setup, rent roll, and operating statement available upon request.

Listing History for 41-16 54th Street

Now
08/20/2026
$1,650,000
Initial Price by Dimitri Kapelonis
Gravity Real Estate Advisors LLC
2026

Building Details for 41-16 54th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

52 St
0.13 miles
61 St-Woodside
0.4 miles
46 St-Bliss St
0.44 miles

Railroad

WoodsideLong Island Rail Road
0.4 miles

Citi Bike

Skillman Ave & 54 St
0.04 miles
Woodside Ave & 55 St
0.14 miles

Contact Agent

Contact Agent

Dimitri Kapelonis
Gravity Real Estate Advisors LLC
View this property on the company's website

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: 99722TH