Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4801 58Th Ln Woodside, NY 11377

    Sponsored
    For Sale
    $1,449,000

    MULTI_FAMILY - Colonial - Woodside, NY

    Lot size:
    0.04 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 25 at 6:06 am

    Property Features for 4801 58Th Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
    Bedrooms
    4
    Bathrooms
    2
    APN
    02328-0033
    Parking
    2
    Parking features
    Garage, Driveway
    Patio and Porch features
    Porch
    Interior features
    Original Details
    Exterior features
    Garden, Rain Gutters
    Fencing
    Fenced, Perimeter
    Basement
    Full, Walk-Out Access, Finished
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Steam
    Water source
    Public

    Building Details

    Year built
    1947
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    James Powers

    Tapestry Real Estate (718) 460-1943

    Listing agent James S. Powers (917) 751-5020

    Listing date Jan 25, 2026

    MLS# 954630 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Woodside Multifamily Property with R5 Zoning

    This multifamily property is located in Woodside, Queens, New York. The zoning district is R5, which allows for three-family conversions. The property's building dimensions are 20x45. Long-time owners will deliver the property vacant on title. The lot size is 0.0404 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.907146
    Latitude
    40.738497

    Nearby Similar for Sale

    • New
      $1,899,000
      0.06 Acres

      New Woodside Two-Family Home

      Brand-new, two-family home with rooftop deck in Woodside, Queens.
      38-24 56Th St, Woodside, NY 11377
      View Details
    • $1,299,000
      Pending

      Six-Family Building in Woodside

      Six-family building near transportation, delivered mostly vacant.
      37-37 64Th St, Woodside, NY 11377
      View Details
    • New
      $1,899,000
      0.06 Acres

      New Woodside Two-Family Home

      New two-family home with rooftop deck in Woodside, Queens.
      38-22 56Th St, Woodside, NY 11377
      View Details
    • $799,000
      Pending

      Woodside Six-Family Brownstone for Sale

      Six-family brownstone in Woodside, Queens, with income potential.
      39-17 65Th Pl, Woodside, NY 11377
      View Details
    • $1,249,000
      Pending

      Woodside Duplex Near Subway Station

      Legal 2-family brick row house near transportation and amenities.
      34-29 64Th St, Woodside, NY 11377
      View Details
    • $2,588,800
      6,324 SF

      Woodside 12-Family Brick Building

      Well-maintained, income-producing asset in a dynamic Queens neighborhood.
      41-25 53Rd St, Woodside, NY 11377
      View Details
    • $2,688,888
      6,324 SF

      Woodside 12-Family Brick Building

      Well-maintained, income-producing asset in a dynamic Queens neighborhood.
      41-25 53Rd St, Woodside, NY 11377
      View Details
    • $1,799,000
      0.09 Acres

      Woodside Duplex with Garage

      Detached duplex on a large lot with a two-car garage.
      39-73 64Th St, Woodside, NY 11377
      View Details
    • $1,429,000
      0.05 Acres

      Woodside Four-Family Brick Building

      Four-family building in Woodside with modern amenities and convenient location.
      48-51 58Th Ln, Woodside, NY 11377
      View Details
    • $1,900,000
      0.08 Acres

      Woodside Multifamily Property Near Subway

      Multifamily property on a large lot, near the subway.
      40-36 69Th St, Woodside, NY 11377
      View Details
    • $1,199,999

      Woodside 6-Family Brick Building

      Well-maintained 6-family building in Woodside, near transportation and amenities.
      4125 52Nd St, Woodside, NY 11377
      View Details
    • $2,990,000
      5,197 SF

      New Community Facility/Office Spaces

      Three new office spaces in Woodside, ideal for medical or school.
      43-20 52Nd St, Woodside, NY 11377
      View Details

    FAQs

    What type of property is this?
    Duplex - Multifamily property in Woodside, Queens with R5 zoning.
    Where is this duplex located?
    The property is located at 4801 58Th Ln Woodside, NY.
    What is the asking price?
    The asking price for this property is $1,449,000.
    What are key features of this property?
    This property features: - Delivered Vacant on Title; - R5 Zoning Allows Three-Family Conversion; - Infill Zoning District
    (917) 751-5020
    Request Owner's contact information
    4801 58Th Ln Woodside, NY 11377
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4801 58Th Ln
    Woodside, NY 11377
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4801 58Th Ln Woodside, NY 11377
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Powers
    (917) 751-5020
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.