Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Income Triplex Title is generated by Realmo AI

    50-17 46th Street, Woodside, NY 11377

    View on Map
    Claim this Listing
    New
    For Sale
    $1,059,000

    MULTI_FAMILY - Woodside, NY

    Lot size:
    0.05 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 50-17 46th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Basement
    Basement
    Full, Finished
    Standard status
    Active
    APN
    02296-0030
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7582

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)

    Building Details

    Year built
    1925
    Number of units
    3
    Building materials
    Brick

    We can help!

    Listing Contact
    Mo Tian

    Listing agent Mo Tian

    Listing office Winzone Realty Inc 8115 Queens Blvd Ste 2A, ELMHURST, NY

    Listing date Jun 1, 2026

    MLS# 1007499 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick house built in 1925
    • Legal two dwelling with a summer kitchen in the basement
    • Currently used as a 3‑dwelling dwelling
    • Heating: natural gas and hot water (heating)
    • Includes 5 bedrooms, 3 bathrooms, and a basement

    Overview

    This property is a residential income triplex configuration with a legal two-dwelling setup that includes a summer kitchen in the basement. It is currently being used as a three-dwelling dwelling. The house requires TLC, and prospective owners should plan for renovation and capital improvements.

    The asset is located at 50-17 46th Street in Woodside, Queens, NY 11377. Lot size is listed as 0.0459 acres. The available details describe the current dwelling setup and basement feature, but do not provide further information on building systems or additional site amenities.

    For buyers looking for a multi-unit residential asset, this structure may appeal as a renovation opportunity to bring the property in line with its current and/or legal dwelling configuration. Because the remarks indicate the home needs TLC, it is well-suited for owner-occupants, investors, or contractors prepared to address repairs and improvements before realizing income use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodside
    County
    Queens
    State
    New York
    Longitude
    -73.919663
    Latitude
    40.736864

    Nearby Similar for Sale

    • $2,130,000
      4,160 SF

      Mixed-Use Building in Woodside, NY

      Mixed-use building with commercial space and five residential units.
      4021 69th Street, Woodside, NY 11377
      View Details
    • $4,200,000

      Corner Medical/Community Facility Opportunity

      Spacious corner medical/community facility in the heart of Woodside.
      63-14 Queens Boulevard, Woodside, NY 11377
      View Details
    • $2,990,000
      5,197 SF

      New Community Facility/Office Spaces

      Three new office spaces in Woodside, ideal for medical or school.
      43-20 52nd Street, Woodside, NY 11377
      View Details
    • $988,000

      Detached Two-Family Residence

      Detached two-family home with separate side entrance and off-street parking, offering flexible rental income potential.
      5812 32nd Avenue, Woodside, NY 11377
      View Details
    • $2,850,000
      3,855 SF

      Prime Retail Condos in Woodside

      Two retail condos in a high-demand Queens corridor.
      43-20 52nd Street, Woodside, NY 11377
      View Details
    • $1,575,000

      Woodside Multifamily Income Property

      Six-unit building near transportation and shopping in Woodside, Queens.
      4012 67th Street, Woodside, NY 11377
      View Details
    • $89,000

      Commercial Property in Woodside, NY

      Commercial property in a vibrant, culturally rich Woodside neighborhood.
      64-06 Roosevelt Avenue, Woodside, NY 11377
      View Details
    • $1,450,000

      Woodside Multifamily Home with Balcony

      Well-maintained multifamily home with balcony, garage, and private driveway.
      6912 31st Avenue, Woodside, NY 11377
      View Details
    • $1,399,000

      Well-Maintained Two-Family Brick Home

      Two-family home in Woodside near transportation and amenities.
      50-22 43rd Street, Woodside, NY 11377
      View Details
    • $150,000

      Established Japanese Ramen Restaurant

      Turnkey Japanese ramen restaurant in a high-traffic commercial area.
      63-28 Roosevelt Avenue, Woodside, NY 11377
      View Details
    • $2,588,888
      6,324 SF

      Woodside Multifamily Building: 12 Units

      Well-maintained 12-unit building in Woodside, Queens, near the 7 Train.
      41-25 53st, woodside, NY 11377
      View Details
    • $1,400,000
      950 SF

      Woodside Two-Family Brick House

      Two-family brick house with garage near subway in Woodside.
      43-07 57th Street, Woodside, NY 11377
      View Details

    FAQs

    What type of property is this?
    Triplex - Three dwelling configuration offers residential income potential, subject to repairs needed for the property’s current condition.
    Where is this triplex located?
    The property is located at 50-17 46th Street Woodside, NY.
    What is the asking price?
    The asking price for this property is $1,059,000.
    What are key features of this property?
    This property features: Brick house built in 1925; Legal two dwelling with a summer kitchen in the basement; Currently used as a 3‑dwelling dwelling
    (347) 200-8885
    We can help!
    Listing Contact
    Mo Tian
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    50-17 46th Street, Woodside, NY 11377
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!