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53 53 st, Woodside, NY 11377

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For Sale

$2,400,000

6 baths • 5,208 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Attached
    Property type

  • $460.83
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Free-Market Six-Family Investment Opportunity | Prime Queens Location | As-Is with Violations Introducing a rare free-market six-family property located in the heart of Woodside, Queens - one of New York City's most stable and transit-connected rental markets. This solid brick pre-war building offers a strong existing income stream with significant upside potential for an experienced investor or operator. Property Overview Building Type: 6-Family Free-Market Monthly Income: $14,000 Annualized Gross Income: $168,000 Tenancy: All units occupied; tenants currently paying below market rents Legal Units: Six residential apartments Configuration: Three stories over basement Condition: Delivered as-is with existing open violations Status: Not rent-stabilized Investment Highlights Immediate Income - Fully occupied property generating $14,000 per month. Value-Add Upside - Rents are below market; opportunity to increase cash flow through strategic unit renovations or re-tenanting. Free-Market Advantage - No rent stabilization restrictions; full flexibility in rental adjustments and repositioning. Brick Construction - Durable pre-war structure with classic architectural detail. As-Is Sale with Violations - Ideal for cash buyers or those comfortable with NYC compliance work. Seller may allow escrow holdback until violations are cleared. Prime Location - Minutes from Roosevelt Avenue, the 7 Train (52 St-Lincoln Ave Station), and Woodside LIRR station; easy access to major highways and local retail corridors. Neighborhood Demand - Woodside continues to attract young professionals and families seeking proximity to Midtown Manhattan with more affordable rents.
MLS# 11585925

Courtesy Of ONE STOP MULTISERVICE INC

(718) 554-0257

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 53 53 st, Woodside, NY 11377

Home seller CENTURY 21 Amiable Realty Group II

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Amiable Realty Group II

(718) 835-4700
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.