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4715 47th St 6 Unit Apartment Building $1,950,000 ($325,000/Unit) 5.27% Cap Rate Woodside, NY 11377
EXECUTIVE SUMMARY
Discover the perfect blend of comfort, convenience, and investment potential at this exceptional property in the heart of Woodside. Whether you're seeking a personal residence or a smart addition to your portfolio, this versatile gem checks every box. Solid Brick Construction – Durable, low-maintenance, and built to last. Six Legal Units – Ideal for generating consistent rental income or multi-generational living. Woodside’s growing popularity makes this a prime spot for consistent rental income and long-term appreciation. Just steps from Roosevelt Avenue, 7 train, LIRR, and multiple bus lines. Enjoy effortless access to Manhattan, Long Island, and beyond. Surrounded by diverse dining, shopping, and cultural experiences. From cozy cafés to international cuisine, everything is within reach. Close to schools, parks, supermarkets, and medical facilities. Perfect for families, professionals, or investors seeking reliable tenants. Whether you're looking to settle into a well-connected neighborhood or capitalize on Woodside’s rising market, it offers unmatched value and potential.
Zoning: R5
Year Built: 1923
Building (Living) Area: 5040 sqft
Lot Size: 2565 sqft
Basement: 1680 sqft
6 Units with yard
Newly roof and brand new boiler
Open House: Saturday and Sunday 1pm to 4pm
Zoning: R5
Year Built: 1923
Building (Living) Area: 5040 sqft
Lot Size: 2565 sqft
Basement: 1680 sqft
6 Units with yard
Newly roof and brand new boiler
Open House: Saturday and Sunday 1pm to 4pm
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$141,576
|
$28.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$141,576
|
$28.09
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$38,722
|
$7.68
|
| Net Operating Income |
$102,854
|
$20.41
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $141,576 |
| Annual Per SF | $28.09 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $141,576 |
| Annual Per SF | $28.09 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $38,722 |
| Annual Per SF | $7.68 |
| Net Operating Income | |
|---|---|
| Annual | $102,854 |
| Annual Per SF | $20.41 |
PROPERTY FACTS
| Price | $1,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.27% | Building Size | 5,040 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | ||
| Zoning | R5 - A low-to-medium density residential district that allows for a mix of housing types, including attached and detached houses and small apartment buildings. | ||
| Price | $1,950,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,040 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Zoning | R5 - A low-to-medium density residential district that allows for a mix of housing types, including attached and detached houses and small apartment buildings. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (79)
Transit Score®
Excellent Transit (86)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 02285-0019 | Improvements Assessment | $181,614 (2025) |
| Land Assessment | $3,367 (2025) | Total Assessment | $184,981 (2025) |
PROPERTY TAXES
Parcel Number
02285-0019
Land Assessment
$3,367 (2025)
Improvements Assessment
$181,614 (2025)
Total Assessment
$184,981 (2025)
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4715 47th St
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