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1-Bedroom Residential Income Property
For Sale
$877,000

50-07 5th Street 5-D, Queens, NY 11356

Bright one-bedroom home with a private balcony, custom kitchen, premium finishes, and in-unit laundry.

Property Size533 SF
Price / SF$1,645
Days on Market81

Property Features for 50-07 5th Street 5-D

General Information

Standard status Active
Size 533 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,428

Amenities

private balcony
in-unit washer/dryer
energy-efficient HVAC
smart lock
roof deck
fitness center
bike storage
intercom system

Building Details

Building Size 533 SF
Year Built 2023
Stories 6
Listing Agency: Modern Spaces
Listed By: Alexis Yoo
Source: Howardhannanyc
Added: Jun 2 Changed: Aug 20 Last Checked: Aug 20 at 12:21PM

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 Modern Spaces

Investment Insights

Based on property information with market context.

Residence 5D is a 533-square-foot, one-bedroom, one-bathroom home in The Alchemy, a 6-story, 17-unit boutique building completed in 2023. The interior includes 10-foot ceilings, 7-inch oak flooring, floor-to-ceiling Cortizo windows, and a balcony with eastern exposure. Its open kitchen features Italian cabinetry, fully integrated Fisher & Paykel appliances, and a Bosch gas range. The bathroom includes Italian and Spanish tile, Grohe fixtures, and a Toto toilet. An in-unit washer and dryer, Mitsubishi HVAC system, smart lock, and abundant natural light add practical convenience.

Key Highlights

  • 533 SF one‑bedroom, one‑bathroom residence
  • Private balcony with open eastern exposure
  • 10‑foot ceilings and 7‑inch oak flooring

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Nursing Home Auto Parts Store Daycare Center Clothing & Fashion Store Butcher Mobile Phone Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,739
Businesses Nearby

Demographics for 11356, NY

28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Bright one-bedroom home with a private balcony, custom kitchen, premium finishes, and in-unit laundry.
Where is this residential income property located?
The property is located at 50-07 5th Street 5-D Queens, NY.
What is the asking price?
The asking price for this property is $877,000.
What are key features of this property?
This property features: 533 SF one‑bedroom, one‑bathroom residence; Private balcony with open eastern exposure; 10‑foot ceilings and 7‑inch oak flooring
More about this property
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