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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
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)
• 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 | Property Subtype | Apartment |
| Price Per Unit | $183,333 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.10% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 9.4 | Building Size | 4,920 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1950 |
| Zoning | R4 - Multifamily | ||
| 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 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02295-0039 | Improvements Assessment | $156,272 |
| Land Assessment | $2,791 | Total Assessment | $159,063 |
Property Taxes
Parcel Number
02295-0039
Land Assessment
$2,791
Improvements Assessment
$156,272
Total Assessment
$159,063
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Sunnyside — 6-Unit Multifamily | 5011 45th St
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