Three-Story Multifamily
For Sale
Contact for pricing
Pending
41 54th Ave, Queens, NY 11377
Three-story multifamily building with six residential units, including vacant units and upcoming lease commencements.
Property Size6,075 SF
Days on Market120
Property Features for 41 54th Ave
General Information
Standard status
Pending
Size
6,075 SF
Property subtype
Multifamily
Occupancy
50%
Additional Details
Multifamily Units
6
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Melville, New York
Listed By:
Brian Sarath · License #NY 40SA0918063
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 11:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Melville, New York
Investment Insights
Based on property information with market context.
The subject property is a +/- 6,075 sq. ft., three-story multifamily building on a 2,495 sq. ft. lot. The building contains six residential units total. Five units are described as fully free market, with three units currently vacant. The remaining two free market units are noted to have upcoming leases due, and the rent-stabilized tenant is indicated to expire 01/31/2024.
Located at 41 54th Ave in Queens, New York 11377, the asset is positioned as a residential income property offering a mix of current vacancy and near-term lease activity based on the provided unit status.
This is a compact, walk-up style multifamily configuration with all units within the existing three-story building footprint, supporting a straightforward portfolio or owner-operator consideration where lease timing and occupancy status are important factors.
Located at 41 54th Ave in Queens, New York 11377, the asset is positioned as a residential income property offering a mix of current vacancy and near-term lease activity based on the provided unit status.
This is a compact, walk-up style multifamily configuration with all units within the existing three-story building footprint, supporting a straightforward portfolio or owner-operator consideration where lease timing and occupancy status are important factors.
Key Highlights
- +/- 6,075 SF, three‑story multi‑family building on a 2,495 SF lot
- Six residential units total: five units are fully free market
- Three units are currently vacant
Property Analytics
Current Use
Lease Details
6
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily building with six residential units, including vacant units and upcoming lease commencements.
Where is this apartment building located?
The property is located at 41 54th Ave Queens, NY.
What are key features of this property?
This property features: +/- 6,075 SF, three‑story multi‑family building on a 2,495 SF lot; Six residential units total: five units are fully free market; Three units are currently vacant
