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6-Unit Apartment Building
For Sale
$825,000

37-19 59th St, Queens, NY 11377

Three-story, fully occupied property with a mix of rent-stabilized one- and two-bedroom apartments.

Property Size6,525 SF
Days on Market44

Property Features for 37-19 59th St

General Information

Standard status Active
Size 6,525 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,412

Building Details

Building Size 6,525 SF
Year Built 1929
Units 6
Listing Agency: Keller Williams Landmark II
Listed By: Afshin Termechi · License #40TE0981811
Source: Elliman
Added: Jul 21 Changed: Aug 29 Last Checked: Sep 1 at 8:55PM

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 Keller Williams Landmark II

Investment Insights

Based on property information with market context.

Built in 1929, this three-story apartment property contains six units with an even mix of three one-bedroom and three two-bedroom apartments. All residences are rent-stabilized, fully occupied, and conveyed with tenants in place.

The property is located at 37-19 59th St in Woodside, Queens, near transportation, shopping, and dining. Walk Score is 97, Transit Score is 100, and Bike Score is 78, reflecting convenient access across multiple transportation modes.

The unit composition provides a straightforward residential configuration, with six apartments distributed across two bedroom types. The existing occupancy and rent-stabilized status are established features of the asset.

Key Highlights

  • Six‑unit, three‑story apartment property built in 1929
  • Unit mix includes three one‑bedroom and three two‑bedroom apartments
  • All six apartments are rent‑stabilized

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,752
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story, fully occupied property with a mix of rent-stabilized one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 37-19 59th St Queens, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Six‑unit, three‑story apartment property built in 1929; Unit mix includes three one‑bedroom and three two‑bedroom apartments; All six apartments are rent‑stabilized
More about this property
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