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4125 53rd St
Listing Notes
Rare opportunity to acquire a well-maintained 12-unit brick multifamily building in the heart of Woodside - one of Queens' most dynamic and high-demand rental markets. This income-producing asset offers approximately 6, 324 square feet of residential living space and combines stable rent-stabilized cash flow with significant long-term upside potential. The property features 12 residential units, with 7 of the 12 apartments recently renovated with modern kitchens, updated bathrooms, new flooring, and energy-efficient windows designed to enhance tenant satisfaction and retention. The building has also undergone major capital improvements including a brand-new roof and boiler system, helping minimize future maintenance costs and providing peace of mind for investors. Additional income is generated through on-site storage bins, creating an attractive ancillary revenue stream. The classic brick construction offers durability, low maintenance, and timeless curb appeal. Several units also feature updated electrical and plumbing systems. Ideally situated within walking distance to the 7 Train, the property offers approximately a 12-minute commute to Midtown Manhattan, making it highly desirable for commuters and long-term tenants alike. Residents enjoy immediate access to shopping, supermarkets, restaurants, cafes, parks, schools, and all neighborhood amenities that continue to make Woodside one of the most sought-after communities in Queens. Investment Highlights: 12 Residential Units Approx. 6, 324 Sq. Ft. 7 Recently Renovated Apartments New Roof & Boiler Additional Storage Income Strong Rent-Stabilized Cash Flow Prime Transit-Oriented Location Walking Distance to 7 Train Excellent Long-Term Appreciation Potential Value-Add Opportunity: With 5 units remaining to be updated, investors have the opportunity to further increase rental income through future renovations, subject to applicable rent stabilization guidelines. Package Deal Opportunity: Seller is also offering an additional 8-unit multifamily property located at 6119 Madison St in Ridgewood. Combined, both assets create a rare 20-unit Queens multifamily portfolio opportunity ideal for investors seeking scale, stable income, and long-term growth potential in two of NYC's strongest rental markets.
Market Insights
$409/sqft vs a nearby median of $610/sqft.
- -33% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 6,324 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 58.8% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$154k +4.0%
- Pre-war character+$96k +2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 0 days
- Last price change
- No change recorded
- Listed
- May 12, 2026
- Photos
- 0 photos
- Property type
- single family
- Status
- for sale