48-46 46Th St Woodside, NY 11377
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 48-46 46Th St
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a fully occupied, rent-stabilized multi-tenant office building located at 48-46 46 Street in Woodside, New York, 11377. The property is listed at $2,999,999 and boasts a strong 4.80% capitalization rate. The building is classified as Class C and features a modified lease type. Currently operating at 100% occupancy, this twelve-unit building provides a stable and consistent income stream. Each tenant is responsible for their own cooking gas and electricity, minimizing operational expenses for the owner. The building's location in Woodside, New York offers convenient access to transportation and local amenities. This is an ideal acquisition for investors seeking a reliable, high-occupancy property with a proven track record of generating positive cash flow. The rent-stabilized nature of the tenancies provides long-term stability and predictable income. The square footage is currently unavailable. This presents a rare opportunity to acquire a well-maintained, income-producing asset in a desirable location. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodside
- County
- 36081
- State
- New York
- Longitude
- -73.9211
- Latitude
- 40.739
