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12-Unit Apartment Building
New
For Sale
$2,000,000

4510 50th Ave, Queens, NY 11377

The building combines updated apartments with a mix of one- and two-bedroom layouts.

Property Size9,000 SF
Days on Market4

Property Features for 4510 50th Ave

General Information

Standard status Active
Size 9,000 SF
Property subtype Commercial

Units

Unit Mix 3 x two bedroom, 9 x one bedroom
Multifamily Units 12

Additional Details

Gross Income $238,000
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $41,602

Building Details

Building Size 9,000 SF
Year Built 1931
Units 12
Listing Agency: Signature Spaces NYC Corp
Listed By: Nicholas Vittorino
Source: Elliman
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 7:16PM

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 Signature Spaces NYC Corp

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property in Queens has three two-bedroom apartments and nine one-bedroom apartments, with box-room layouts. The apartments, boiler, roof, and parapet have been updated. The building dates to 1931, and the owner is selling it in its current condition.

HCR paperwork is current and filed. The property has a Walk Score of 98, a Transit Score of 100, and a Bike Score of 87.

Key Highlights

  • 12 apartments: three two‑bedroom units and nine one‑bedroom units
  • Apartments, boiler, roof, and parapet updated
  • 1931 construction

Property Analytics

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

3,785
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

Frequently Asked Questions

What type of property is this?
Apartment building - The building combines updated apartments with a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 4510 50th Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 12 apartments: three two‑bedroom units and nine one‑bedroom units; Apartments, boiler, roof, and parapet updated; 1931 construction
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