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Sunnyside — 6-Unit Multifamily 5011 45th St 6 Unit Apartment Building $1,100,000 ($183,333/Unit) 7.10% Cap Rate Woodside, NY 11377

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INVESTMENT HIGHLIGHTS

  • Close to public transportation
  • Conveniently placed near the Brooklyn-Queens Expressway
  • Building is located near the corner of 45th St and 50th Ave
  • Prime Woodside Neighborhood

EXECUTIVE SUMMARY

• 3-story walk-up building consisting of 6 apartments, delivered half vacant
• Tax Class 2A
• Will be delivered 50% vacant
• The property is located on a quiet residential block near a retail corridor with shopping,
dining, and transportation options
• Near to the 40th Street Station ( 7 train)

PROPERTY FACTS

Price $1,100,000
Price Per Unit $183,333
Sale Type Investment
Cap Rate 7.10%
Gross Rent Multiplier 9.4
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,920 SF
No. Stories 3
Year Built 1950
Zoning R4 - Multifamily

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 - -
4+2 5 - -
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (79)
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
02295-0039
Land Assessment
$2,791
Improvements Assessment
$156,272
Total Assessment
$159,063
  • Listing ID: 33847960

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 5011 45th St, Woodside, NY 11377

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