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4309 54th St 6 Unit Apartment Building $2,250,000 ($375,000/Unit) 7.31% Cap Rate Woodside, NY 11377

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INVESTMENT HIGHLIGHTS

  • All FREE MARKET APARTMENTS
  • BACK YARD WITH SHED
  • BRICK BUILDING
  • BALCONIES IN EVERY APARTMENT

EXECUTIVE SUMMARY

6 family 6 FREE MARKET apartments. Fully leased $164,400 annual income. Within 3-6 months will be with $200k annual income. Building is in perfect condition in prime neighborhood. Has backyard with shed, new mechanicals, easy to maintain, near all public transportation, stores, restaurants ,gym etc. Outdoor balconies in most units. Tenants pay utilities. Rare gem. No renovations needed, turn key.

PROPERTY FACTS

Price $2,250,000
Price Per Unit $375,000
Sale Type Investment
Cap Rate 7.31%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1975
Zoning R5B - Medium density district with a height limit of 40 feet

AMENITIES

UNIT AMENITIES

  • Balcony
  • Storage Space
  • Kitchen
  • Hardwood Floors
  • Yard

SITE AMENITIES

  • 24 Hour Access
  • Recycling
  • Multi Use Room
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01323-0066
Land Assessment
$115,356
Improvements Assessment
$139,834
Total Assessment
$255,190
  • Listing ID: 34397647

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 4309 54th St, Woodside, NY 11377

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