Discover an exceptional investment opportunity at 53-31 Woodside Avenue, Woodside, NY, where urban convenience meets serene living. This expansive three-family residence boasts 3,900 square feet of versatile living space, ideal for investors seeking a strong rental profile or homeowners desiring a live-in plus income arrangement. The property features three… Read More distinct units: a spacious two-bedroom, one-bathroom apartment on the first floor, a generous three-bedroom, one-bathroom apartment on the second floor, and a charming one-bedroom, one-bathroom apartment above the garage. Each unit is designed to maximize comfort and rental appeal, with current rents reflecting the property's value in this high-demand neighborhood. Apt 1: Two bedroom, one bathroom. Rented at 3,000 per month Apt 2: Three bedroom, one bathroom. Rented at 3,000 per month Apt 2R: One bedroom, one bathroom. Rented at 2,200 per month Garage: Two parking spaces. Rented at 400 per month Owner pays for gas and water. Tenants pay their own electric. Unit 2R is fully electric. Situated directly across from Lawrence Virgilio Park, this property provides a tranquil urban setting, perfect for tenants seeking a balance between city life and green spaces. Commuters will appreciate the proximity to the 52nd Street Station on the 7 Line and the 61st Street Station for the LIRR, ensuring seamless connectivity throughout New York City. Recent capital improvements enhance the property's appeal and longevity, including a new water meter, two chimney linings, a new roof over the garage, and a PTAC unit in Unit 2R. Compliance with Local Law 31 has been completed, and the garage building has been fully waterproofed. Additional upgrades include a full replacement of the boiler's return line, new flooring in the entryway and first-floor common area, and new windows throughout the basement. This property is a compelling choice for those looking to expand their rental portfolio or secure a versatile multi-family residence in Woodside's thriving real estate market. With owner-paid gas and water, and tenants responsible for their own electricity-Unit 2R being fully electric-this setup offers a streamlined management experience. Don't miss the chance to invest in this prime location. For a comprehensive setup and offering memorandum or to schedule a private tour, please reach out via email. Read Less
Listing Courtesy of: Alex Giannikas, Corcoran Group
Listing Snapshot
Days Online
64
Last Updated
Property Type
MultiFamily
Beds
6
Full Baths
4
Square Ft.
3,905
Lot Size
0.06 Acres
Year Built
1925
MLS Number
RLS20059585
30 Days Snapshot Of 11377
$855k
0%
(avg) sold price
1
0%
home sold
401
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 14, Structure Type: Townhouse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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