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    4730 48Th St Woodside, NY 11377

    Sponsored
    For Sale
    $2,500,000

    Pre-war building, six units, excellent location.

    Property size:
    2,375 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This pre-war, six-unit multi-family building presents a compelling investment opportunity in the desirable Woodside, Queens neighborhood. Situated on a 0.05-acre lot, the 2,375 square foot building boasts a solid brick and concrete construction, ensuring durability and longevity. The property comprises four one-bedroom apartments and two two-bedroom apartments, providing a diverse rental mix. Conveniently located on the Sunnyside/Woodside border, the building enjoys exceptional proximity to public transportation, with the #7 train at the 46th Street Station just three blocks away. Residents will also appreciate the nearby amenities, including a supermarket, restaurants, a drugstore, and a laundromat. Adding to the property's appeal is the inclusion of laundry facilities in the basement, a valuable amenity for tenants. The building's dimensions are 20 feet by 75 feet, offering a manageable footprint for potential investors. Currently, there are no vacant units. This property represents a strong investment opportunity in a thriving and well-connected neighborhood. The building's solid construction, desirable location, and existing tenant occupancy make it an attractive prospect for those seeking a stable and potentially lucrative investment in the New York City real estate market.

    Property Features for 4730 48Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,375 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1923
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.91769
    Latitude
    40.74008

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    FAQs

    What type of property is this?
    Commercial real estate - Pre-war building, six units, excellent location.
    Where is this commercial real estate located?
    The property is located at 4730 48Th St Woodside, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (718) 355-8788
    Request Owner's contact information
    4730 48Th St Woodside, NY 11377
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    Woodside, NY 11377
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    Realmo Value Estimation

    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.

    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.

    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
    4730 48Th St Woodside, NY 11377
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