46-15 48th Ave - Apartments FOR SALE


Woodside, NY 11377
$3,250,000 USD
925-285-3075
46-15 48th Ave, Woodside, NY for Sale
$3,250,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

46-15 48th Ave
Woodside, NY 11377


HIGHLIGHTS

  • Property is tax class 2B (protected tax class)
  • Engineered hardwood floors
  • Recessed lighting throughout
  • Quartz countertops
  • Brand new paneled appliances
  • Custom kitchen cabinetry

OVERVIEW

Offered for sale is a well maintained mixed use building located at 46-15 48th Avenue in Woodside, Queens. The property consists of five residential apartments plus one ground floor retail store, providing a stable income profile with upside through long term appreciation. Positioned on a residential block with convenient access to transportation, shopping, and major roadways, this asset is well suited for investors seeking a low management, turn key mixed use property in a strong Queens submarket. Property is tax class 2B (protected tax class). The residential units have been renovated with modern finishes that appeal to today’s renter, enhancing durability and tenant retention. The combination of upgraded apartments and street level retail creates diversified income while benefiting from consistent demand in Woodside, an area known for its proximity to Long Island City, Sunnyside, and Midtown Manhattan. Renovated Apartment Unit Features • Engineered hardwood floors • Recessed lighting throughout • Quartz countertops • Brand new paneled appliances • Custom kitchen cabinetry • Luxury bathrooms with ceramic tilework • Whisper quiet split unit HVAC systems *The rent regulation status of the units in this building has not been verified by the seller. Prospective purchasers are advised to conduct their own due diligence and consult with appropriate professionals

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$677 USD /SF

# OF UNITS

5

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,999 SF

ZONING

R5, Queens (S4)

APN/PARCEL ID

02284-0055

ASK ABOUT THIS PROPERTY

Faisal GilaniNY Space FindersMore Info
925-285-3075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Faisal GilaniNY Space FindersMore Info
925-285-3075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.