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Rent-Stabilized Apartment Building
For Sale
$825,000

37-19 59th Street, Woodside, NY 11377

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

Property Size6,525 SF
Days on Market155

Property Features for 37-19 59th Street

General Information

Standard status Active
Size 6,525 SF
Property subtype Commercial
Zoning R5B
Occupancy 100%
Net Operating Income $50,277

Units

Unit Mix 3 x 2BR, 3 x 1BR
Multifamily Units 6

Additional Details

Gross Income $91,868
Public Transit Yes

Taxes and HOA fees

Annual Taxes $21,412

Building Details

Building Size 6,525 SF
Year Built 1929
Buildings 1
Stories 3
Units 6
Listing Agency: Keller Williams Landmark II
Listed By: Afshin Termechi · License #40TE0981811
Source: Maurafinnegan
Added: Apr 1 Changed: Aug 30 Last Checked: Aug 31 at 5:11PM

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 multifamily property contains six apartments: three two-bedroom units and three one-bedroom units. The apartments are rent-stabilized, fully occupied, and offered with tenants in place. The property is zoned R5B.

The building is located at 37-19 59th Street in Woodside, NY 11377, with access to the neighborhood’s transportation, shopping, and dining options.

Key Highlights

  • Six apartments across a three‑story building
  • Unit mix includes three two‑bedroom and three one‑bedroom apartments
  • Rent‑stabilized apartments with full occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home Acupuncture

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

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,150
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story property with a fully occupied mix of stabilized one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 37-19 59th Street Woodside, 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 apartments across a three‑story building; Unit mix includes three two‑bedroom and three one‑bedroom apartments; Rent‑stabilized apartments with full occupancy
More about this property
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