$1,429,000
$270K PRICE DROP

48-51 58th Ln Flushing, NY 11377

Woodside Neighborhood

Estimated payment $10,327/month

Total Views 6,193
6 Beds
5 Baths
3,364 Sq Ft
$425 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1 Car Garage

About This Home

Solid brick 4-family built in 1985 featuring spacious units with hardwood floors, granite countertops, updated cabinets, and private balconies in every apartment. This Property includes a fully finished walkout basement to a fenced backyard.
Located on a residential block in Woodside, this property is just minutes from the 7, E, M, R trains and LIRR, providing an easy commute to Manhattan. The area is known for its strong rental demand, diverse dining options, and nearby playground.
Well-maintained and ideally situated, this is a perfect turn-key investment in Queens.

Listing Agent

Alejandra Fermin

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205596 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,707

Year Built

  • Built in 1985

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Private Water Source

Additional Features

  • Eat-In Kitchen
  • Wood Flooring
  • 2,261 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 9 / 2328
  • Assessor Parcel Number 02328-0009

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,707

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Quadruplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • Attribution Contact: 718-841-7309
  • Carport Y N: No
  • CurrentPrice: 1429000.00
  • MlsMajorChangeType: Back On Market
  • ListPrice_By_OriginalListPrice: 0.84108
  • ListPrice_By_LotSizeAcres: 27533718.6898
  • CurrentPrice_By_BuildingAreaTotal: 424.79191
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 5733

Lot Info

  • Lot Size Acres: 0.0519
  • Lot Size Sq Ft: 2261
  • Parcel Number: 02328-0009
  • Property Attached: Yes

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • Insurance Expense: 4266

Tax Info

  • Tax Annual Amount: 34707.08
  • Tax Block: 2328
  • Tax Lot: 9
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,707 $280,697 $148,164 $132,533
2024 $34,707 $277,612 $175,924 $101,688
2023 $32,136 $257,049 $172,249 $84,800
2022 $30,813 $308,250 $204,750 $103,500
2021 $28,606 $295,200 $204,750 $90,450
2020 $26,932 $343,350 $204,750 $138,600
2019 $26,933 $340,740 $204,750 $135,990
2018 $25,149 $197,730 $142,579 $55,151
2017 $24,640 $193,727 $148,644 $45,083
2016 $23,126 $193,727 $148,644 $45,083
2015 $15,013 $166,093 $131,659 $34,434
2014 $15,013 $164,268 $126,467 $37,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2026 02/11/26 For Sale $1,429,000 0.0% $425 / Sq Ft
01/31/2026 01/31/26 Off Market $1,429,000 -- --
09/23/2025 09/23/25 Price Changed $1,429,000 -15.9% $425 / Sq Ft
05/07/2025 05/07/25 For Sale $1,699,000 -- $505 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 858610

OneKey® MLS
New York Queens County Flushing 11377 Woodside

48-51 58th Ln, Flushing, NY

For Sale

MultiFamily

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Alejandra Fermin
Listing Agent
Alejandra Fermin
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Empire Fine Homes
(347) 475-1739