39-53 57 St Queens, NY 11377
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 39-53 57 St
- Year built
- 2023
- Property type
- Mobile home & RV parks
- Property subtype
- Residential income homes
Description
This exceptional multifamily property, located at 39-53 57th Street in Queens, New York, presents a compelling investment opportunity. Completed in 2023, this eight-unit building boasts a prime location in the heart of Woodside, offering easy access to public transportation including the M, R, 7 subway lines and the LIRR. The property sits on a 2,500 square foot lot and is zoned R5-B. Each unit is a three-family home, featuring a mix of two- and three-bedroom layouts. First-floor units include two bedrooms and two bathrooms. Second and third-floor units offer three bedrooms, two bathrooms, and a private balcony. The full basement of each unit provides additional space, including two windows, a separate entrance, a two-car parking space, and a dedicated laundry area. Residents enjoy proximity to a shopping plaza, a playground park with a pool and basketball courts, creating a desirable living environment. The asking price reflects a strong return on investment, given the property's new construction, desirable location, and robust rental income potential. This is a rare opportunity to acquire a high-yield multifamily asset in a thriving New York City neighborhood.
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
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9065
- Latitude
- 40.7465
