41-25 53Rd St Woodside, NY 11377

This 12-family brick building presents a rare opportunity to acquire a well-maintained, income-producing asset in the Woodside neighborhood of Queens. The property offers 6,324 square feet of living space. The building features 12 residential units and combines a rent-stabilized income stream with potential for increased value through recent upgrades and income from on-site storage rentals. Seven of the twelve units have been recently renovated with modern kitchens, bathrooms, flooring, and energy-efficient windows. The building includes a new roof and boiler system. On-site storage bins provide a supplementary income stream. The property's classic brick exterior provides structural integrity and aesthetic appeal. Renovated units feature updated electrical and plumbing systems. The property is located within walking distance of the 7 train, offering a commute to Midtown Manhattan. Residents benefit from close proximity to retail shops, cafes, restaurants, grocery stores, and services. Woodside is known for its diverse community, vibrant culture, and well-kept parks. The area is served by both public and private schools and offers convenient access to healthcare facilities. The 12 rent-stabilized units provide a reliable and predictable cash flow. Storage units generate extra income. There is an opportunity to increase rents through further upgrades to the five units that have not yet been renovated, subject to rent regulation. Woodside is experiencing high rental demand due to transit access and neighborhood amenities. The property is zoned 100.