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Woodside Multifamily Investment Opportunity
For Sale
$2,999,000

72-34 45th Ave, Queens, NY 11377

Seven-unit apartment building in Woodside, generating over $200,000 annually.

Property Size7,966 SF
Lot Size0.13 Acres
Price / SF$1,387
Days on Market164

Property Features for 72-34 45th Ave

General Information

Standard status Active
Size 7,966 SF
Lot size 0.13 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $69,595

Building Details

Building Size 7,966 SF
Year Built 2006
Units 7
Listing Agency: Jamie Realty Group
Listed By: Xiao Zheng · License #10491212408
Source: Elliman
Added: Mar 12 Changed: Aug 21 Last Checked: Aug 22 at 8:43AM

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 Jamie Realty Group

Investment Insights

Based on property information with market context.

This seven-family apartment building, constructed in 2006, is situated in Woodside. The property occupies a 50.15X124.24 lot and features a 29.4X73.6 building size, with R5/R7X/C2-3 zoning. The first floor comprises a large four-bedroom unit with two full bathrooms, a living/dining area, and a kitchen. The remaining six units each include one bedroom, one full bathroom, a living/dining room, and a kitchen. The building also has a partially finished basement with walk-out access. Parking is available for seven cars. The building is equipped with seven boilers, seven water tanks, and eight electric meters. The location provides convenient access to shops, restaurants, parks, and schools. Transportation options include the Q32, Q53, Q60, and Q70 buses, the E, E, M, R, and 7 trains, and the Woodside LIRR station. The property generates an annual rental income exceeding $200,000, presenting a significant investment opportunity.

Key Highlights

  • High annual rental income (over $200,000)
  • Seven‑unit building constructed in 2006, indicating modern construction
  • Ample parking with space for 7 cars

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop Garden Center Grocery & Convenience Store Discount 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.

Location Intelligence

Trade Area within ½ mile

4,384
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-unit apartment building in Woodside, generating over $200,000 annually.
Where is this apartment building located?
The property is located at 72-34 45th Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: High annual rental income (over $200,000); Seven‑unit building constructed in 2006, indicating modern construction; Ample parking with space for 7 cars
More about this property
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