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    OFF-MARKET
    Commercial real estate

    4535 47Th St, Woodside, NY 11377

    12,483 SF 0.1 ac lot Built 2006
    Entity Owned 7-yr Hold
    Property ID
    US63-6134790
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2006
    Total area 12,483 SF
    Lot 0.1 ac (4,356 SF)
    UPID US63-6134790
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Yang & Zou Property Corp · 7 yrs held
    Yang & Zou Property Corp
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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