53-31 Woodside Ave Queens, NY 11377
Three-unit property in Woodside, NY, near transportation and park.
Lot size:
0.06 AcresProperty Features for 53-31 Woodside Ave
General Information
- Property type
- Multi Family
- Standard status
- Active
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1925
Source:
Elliman
Listing Agent: Alex Giannikas
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Woodside Three-Family Residence Investment Opportunity
Located at 53-31 Woodside Avenue in Woodside, NY, this three-family residence offers 3,900 square feet of living space. The property includes three units: a two-bedroom, one-bathroom apartment on the first floor; a three-bedroom, one-bathroom apartment on the second floor; and a one-bedroom, one-bathroom apartment above the garage. The first and second floor apartments are rented at $3,000 per month, and the apartment above the garage is rented at $2,200 per month. The garage has two parking spaces and is rented at $400 per month. The owner is responsible for gas and water, while tenants pay for their own electricity; Unit 2R is fully electric. The property is situated across from Lawrence Virgilio Park and is near the 52nd Street Station on the 7 Line and the 61st Street Station for the LIRR. Recent capital improvements include a new water meter, two chimney linings, a new roof over the garage, and a PTAC unit in Unit 2R. Compliance with Local Law 31 has been completed, and the garage building has been fully waterproofed. Additional upgrades include a full replacement of the boiler's return line, new flooring in the entryway and first-floor common area, and new windows throughout the basement. This property is suitable for investors seeking a rental property or homeowners looking for a live-in plus income arrangement.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.910673
- Latitude
- 40.752252
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three-unit property in Woodside, NY, near transportation and park.
Where is this multifamily property located?
The property is located at 53-31 Woodside Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: - Three-family residence with 3,900 sq ft of living space, ideal for investors or owner-occupiers seeking rental income.; - Strong rental income potential with three distinct units currently rented for a total of $8,600 per month.; - Prime location directly across from Lawrence Virgilio Park, offering a tranquil urban setting.
