48-38 61St St Woodside, NY 11377
This exceptional mixed-use property, located at 48-38 61st Street in Woodside, New York, presents a compelling investment opportunity. The 2,000 square foot building is a well-maintained two-family brick home, offering comfortable and functional living spaces for both owner-occupancy and rental income. Each of the two floors boasts an eat-in kitchen, a spacious living and dining area, a bedroom, and a full bathroom. Adding to the property's value is a fully finished basement complete with a full bathroom, providing significant additional living space. Convenient parking is ensured with a private driveway and an attached one-car garage. Recent improvements significantly enhance the property's appeal and longevity. These include a brand-new roof, the installation of all-new windows throughout, and exterior brick pointing completed just one year ago. The property's prime location near major bus lines (Q18, Q60, and Q31) and the vibrant commercial corridors of Queens Boulevard, Roosevelt Avenue, and Woodside Avenue provides unparalleled accessibility to shops, restaurants, and public transportation. This meticulously maintained property offers a blend of modern updates and a highly desirable location, making it an ideal investment for discerning buyers seeking both immediate returns and long-term appreciation. The asking price for this remarkable property is $988,000. The zip code is 11377.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.