41-53 53rd St Woodside, NY 11377
Woodside NeighborhoodEstimated payment $14,487/month
Total Views
17,759
--
Bed
6
Baths
5,208
Sq Ft
$461
Price per Sq Ft
Highlights
- Very Popular Property
- 1-minute walk to 52 Street
- Hot Water Heating System
- Property is near public transit
- Wood Flooring
- 3-minute walk to John Downing Park
About This Home
Free-Market Six-Family Investment Opportunity | Prime Queens Location | As-Is with Violations Introducing a rare free-market six-family property located in the heart of Woodside, Queens - one of New York City's most stable and transit-connected rental markets. This solid brick pre-war building offers a strong existing income stream with significant upside potential for an experienced investor or operator. Property Overview Building Type: 6-Family Free-Market Monthly Income: ≈ $14,000 Annualized Gross Income: ≈ $168,000 Tenancy: All units occupied; tenants currently paying below market rents Legal Units: Six residential apartments Configuration: Three stories over basement Condition: Delivered as-is with existing open violations Status: Not rent-stabilized Investment Highlights Immediate Income - Fully occupied property generating $14,000 per month. Value-Add Upside - Rents are below market; opportunity to increase cash flow through strategic unit renovations or re-tenanting. Free-Market Advantage - No rent stabilization restrictions; full flexibility in rental adjustments and repositioning. Brick Construction - Durable pre-war structure with classic architectural detail. As-Is Sale with Violations - Ideal for cash buyers or those comfortable with NYC compliance work. Seller may allow escrow holdback until violations are cleared. Prime Location - Minutes from Roosevelt Avenue, the 7 Train (52 St-Lincoln Ave Station), and Woodside LIRR station; easy access to major highways and local retail corridors. Neighborhood Demand - Woodside continues to attract young professionals and families seeking proximity to Midtown Manhattan with more affordable rents.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,358
Year Built
- Built in 1931 | Remodeled in 2014
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 6 Full Bathrooms
- 5,208 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Location
- Property is near public transit
- Property is near a bus stop
Additional Features
- 2,700 Sq Ft Lot
- Hot Water Heating System
Community Details
- Woodside Community
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | For Sale | $2,400,000 | -- | $461 / Sq Ft |
Source: NY State MLS
About the Listing Agent
As a seasoned real estate professional with over 23 years of experience, I specialize in helping homeowners sell their properties quickly, efficiently, and at the best possible price. My deep understanding of the local market and extensive network of buyers and industry professionals ensures that your home gets the exposure it deserves.
Selling your home is more than just a transaction—it’s a life-changing decision. I approach every sale with a personalized strategy, taking the time to
Raymond's Other Listings
Source: NY State MLS
MLS Number: 11585925
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