4535 47Th St, Woodside, NY 11377
This exceptional 12,483 square foot mixed-use property, situated on a 0.1-acre lot at 45-35 47th Street in Woodside, Queens, presents a compelling investment opportunity. Constructed in 2006, the building boasts a desirable blend of commercial and residential units. The commercial space comprises two units, ideal for a variety of businesses, capitalizing on the high foot traffic in this vibrant neighborhood. The residential component consists of eleven units, offering a diverse mix of layouts to cater to a broad range of tenants. Three units feature three bedrooms and two full bathrooms, while eight units provide one bedroom and one bathroom each. This strategic location places the property between Woodside and Sunnyside, offering easy access to the bustling Queens Boulevard and Greenpoint Avenue, known for their abundance of restaurants, cafes, and high pedestrian traffic. Public transportation is readily available, with the Q32, Q60 bus routes and the 7 train all within close proximity, ensuring convenient commuting for residents and patrons of the commercial spaces. This property is well-suited for both seasoned investors seeking strong returns and owner-occupants looking for a lucrative income-generating asset. The asking price is $6,500,000.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.