Buy with Yoreevo
$2,641,832
List Price: $2,688,888
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4125 53rd Street
House in Woodside •  building info
studio • 2,780ft² $967 per ft²
Buy with Yoreevo

$2,641,832

List Price

$2,688,888

Key Details
Days on market
127
Last price change
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Estimated payment
$18,388/mo
Taxes
$3,488/mo
Maintenance
N/A
Description
Presenting solid income producing asset in the heart of Woodside This 12-family brick building is a rare opportunity to acquire a well-maintained, income-producing asset in one of Queens' most dynamic neighborhoods. Offering 6,324 square feet of living space, this property combines a strong rent-stabilized income stream with value-add potential through recent upgrades and ancillary storage rental income. Property Features & Condition Building Size: 6,324 sq ft of living area across 12 residential units, providing ample space for families and professionals alike. 7 of the 12 units have been recently renovated with modern kitchens, bathrooms, flooring, and energy-efficient windows, increasing tenant satisfaction and retention. The building features a brand new roof and boiler system, minimizing capital expenditures for the foreseeable future and ensuring reliable heating during cold months. On-site storage bins add a supplementary income stream, which is increasingly attractive in urban rental markets. Brick Construction: Classic durable brick exterior providing long-lasting structural integrity and aesthetic appeal. Updated electrical and plumbing systems in renovated units. The property is located within walking distance of the 7 train, offering a quick 12-minute commute into Midtown Manhattan-ideal for daily commuters and professionals. Tenants enjoy close proximity to a wide array of retail shops, cafes, restaurants, grocery stores, and services that make Woodside one of Queens' most desirable residential areas. Woodside is known for its diverse community, vibrant culture, and well-kept parks, making it a sought-after neighborhood for renters of all backgrounds. The area is served by quality public and private schools and has convenient access to healthcare facilities. 12 rent-stabilized units provide a reliable and predictable cash flow, insulated from extreme rent volatility. Storage units generate extra income, helping to boost overall returns. New roof and boiler reduce near-term capital expenses and maintenance risks. With 5 units not yet renovated, there's an opportunity to increase rents through further upgrades, subject to rent regulation. Strong Demand Market: Woodside continues to experience high rental demand driven by excellent transit access and neighborhood amenities. Seller is also selling an addition 8 units in Ridgewood as a package deal .

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,688,000
Asking Price: $2,688,888
Term
30 Years
Down Payment
$268,000 (10%)
Min: 10% (268,000)
Rate
6.25 %
Mortgage Amount
$2,419,999
Mortgage Payment
$14,900
Taxes
$3,488
Estimated Yoreevo rebate
$47,056
Estimated closing cost
$98,000
Total monthly cost $18,388
Buy your dream home with us and get an estimated $47,056 rebate.
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Listing Courtesy of One Stop Multi Service Inc

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.