4125 53rd Street, Woodside, NY 11377

$2,688,888

Presenting solid income producing asset in the heart of Woodside This 12-family brick building is a rare opportunity to acquire a well-maintained, income-producing asset in one of Queens' most dynamic neighborhoods. Offering 6,324 square feet of living space, this property combines a strong rent-stabilized income stream with value-add potential through… Read More recent upgrades and ancillary storage rental income. Property Features & Condition Building Size: 6,324 sq ft of living area across 12 residential units, providing ample space for families and professionals alike. 7 of the 12 units have been recently renovated with modern kitchens, bathrooms, flooring, and energy-efficient windows, increasing tenant satisfaction and retention. The building features a brand new roof and boiler system, minimizing capital expenditures for the foreseeable future and ensuring reliable heating during cold months. On-site storage bins add a supplementary income stream, which is increasingly attractive in urban rental markets. Brick Construction: Classic durable brick exterior providing long-lasting structural integrity and aesthetic appeal. Updated electrical and plumbing systems in renovated units. The property is located within walking distance of the 7 train, offering a quick 12-minute commute into Midtown Manhattan-ideal for daily commuters and professionals. Tenants enjoy close proximity to a wide array of retail shops, cafes, restaurants, grocery stores, and services that make Woodside one of Queens' most desirable residential areas. Woodside is known for its diverse community, vibrant culture, and well-kept parks, making it a sought-after neighborhood for renters of all backgrounds. The area is served by quality public and private schools and has convenient access to healthcare facilities. 12 rent-stabilized units provide a reliable and predictable cash flow, insulated from extreme rent volatility. Storage units generate extra income, helping to boost overall returns. New roof and boiler reduce near-term capital expenses and maintenance risks. With 5 units not yet renovated, there's an opportunity to increase rents through further upgrades, subject to rent regulation. Strong Demand Market: Woodside continues to experience high rental demand driven by excellent transit access and neighborhood amenities. Seller is also selling an addition 8 units in Ridgewood as a package deal . Read Less

Listing Courtesy of One Stop Multi Service Inc.

Listing Snapshot

Days Online

110

Last Updated

Nov 30, 2025

Property Type

Multi Family

Lot Size

0.06 Acres

Year Built

1928

Property Tax

$41,857

MLS Number

900241

30 Days Snapshot Of 11377

$522k

-7%

(avg) sold price

-25%

homes sold

230

+31%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Description: "Gas Range", "Refrigerator", "Stainless Steel Appliance(s)"

Basement

Description: "Finished"

Building

Building Area: 6324, Construction Materials: "Brick", Year Built: 1928, Effective Year built: 2024

Cooling

Details: "None"

Fence

Description: "Back Yard"

Floors

Flooring: "Ceramic Tile", "Hardwood"

Heating

Heating: "Hot Water"

Lot

Features: "Back Yard", "Views", Acres: 0.0569, Size: 2780

Parking

Parking Total: 0

Property

Zoning: R^

Utilities

Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Available", "Electricity Available", "Natural Gas Connected", "Sewer Connected", "Water Available"

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