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Renovated 5-Family Apartment Building
For Sale
Contact for pricing

53-37 97th Street, New York, NY 11368

Solid-brick multifamily property with a finished basement, laundry room, exterior parking, and tenant-paid utilities.

Property SizeContact for details
Days on Market152

Property Features for 53-37 97th Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 5

Amenities

laundry room

Building Details

Year Built 1985
Stories 3
Units 5
Construction solid brick
Listing Agency: Century Homes Realty Group LLC
Listed By: Wei Lin
Source: Crexi
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 7:48AM

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 Century Homes Realty Group LLC

Investment Insights

Based on property information with market context.

This solid-brick apartment building was constructed in 1985 and recently renovated. The property contains five apartments across three brick levels, with a finished basement that includes a laundry room. Two outside-door parking spaces are also included, and tenants pay their own utilities.

The property is in Queens near Queens Center Mall, supermarkets, restaurants, schools, and I-495. These nearby destinations and transportation access are within walking distance, adding practical convenience for residents.

Key Highlights

  • Five‑family apartment building with three brick levels
  • Recently renovated solid‑brick construction
  • Finished basement with laundry room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Kitchen & Bath Showroom Electrical Service

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

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13,640
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Solid-brick multifamily property with a finished basement, laundry room, exterior parking, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 53-37 97th Street New York, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Five‑family apartment building with three brick levels; Recently renovated solid‑brick construction; Finished basement with laundry room
(917) 682-0715 Call to check price and availability
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