Mixed-Use Property with Street
For Sale
$950,000
4553 47th Street, Woodside, NY 11377
Street-level retail with a residential unit above, sold as-is and not delivered vacant.
Property Size1,482 SF
Days on Market120
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 4553 47th Street
General Information
Standard status
Active
Size
1,482 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,192
Building Details
Building Size
1,482 SF
Year Built
1930
Listing Agency:
Crifasi Real Estate Inc
Listed By:
Salvatore Crifasi · License #31CR0315651
(718) 894-8700
Source:
Serhant
Added: Jun 18
Changed: Oct 6
Last Checked: Oct 15 at 6:55AM
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 Crifasi Real Estate Inc
Investment Insights
Based on property information with market context.
This mixed-use property combines a street-level commercial space with a residential apartment above. The street-facing configuration supports visibility for the retail component, with the residential unit positioned over the commercial frontage.
The building is located at 4553 47th Street in Woodside, NY, on a busy commercial thoroughfare. Public remarks note strong foot and vehicle traffic, along with proximity to transportation, shopping, dining, and other neighborhood conveniences.
The property is being sold as-is, and it will not be delivered vacant. As a result, it may suit buyers looking to acquire a mixed-use asset in an established neighborhood retail corridor where both commercial and residential components are part of the ownership package.
The building is located at 4553 47th Street in Woodside, NY, on a busy commercial thoroughfare. Public remarks note strong foot and vehicle traffic, along with proximity to transportation, shopping, dining, and other neighborhood conveniences.
The property is being sold as-is, and it will not be delivered vacant. As a result, it may suit buyers looking to acquire a mixed-use asset in an established neighborhood retail corridor where both commercial and residential components are part of the ownership package.
Key Highlights
- Mixed‑use property with street‑level commercial space and a residential unit above
- Year built 1930
- Sold as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,227
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,540
$724.5K
Cap Rate 7%
$517,529
$517.5K
Cap Rate 9%
$402,522
$402.5K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$68.5K $46.20/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$65.9K $44.44/SF
− OpEx
−$29.6K −$20.00/SF
NOI
$36.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,540
Cap Rate 7%
$517,529
Cap Rate 9%
$402,522
Alternative Uses
Best Use
Apartment 5plus
$517.5K
$452.8K – $603.8K
NOI $36,227 @ 7.0% cap · market cap 3.81%
Second Best
Retail
$377.9K
$330.7K – $440.9K
NOI $26,454 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$1.09M
$956.0K – $1.27M
NOI $76,478 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,561
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail with a residential unit above, sold as-is and not delivered vacant.
Where is this mixed-use property located?
The property is located at 4553 47th Street Woodside, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Mixed‑use property with street‑level commercial space and a residential unit above; Year built 1930; Sold as‑is
