For sale

$2,588,888

6,324 SF building0.06 acre lotBuilt 1928

53 53stWoodside, NY 11377

Multifamily property · MLS 11737551 · Listed 188 days ago (Apr 30, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

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.

Description provided by the listing brokerage.

Key facts

Asking price
$2,588,888
Status
For sale
Property type
MultifamilyFrom the MLS property class
Building area
6,324 SFSource field LivingArea
Land area
0.06 acresSource field LotSizeSquareFeet
Year built
1928
MLS number
11737551

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$2,588,888
Price per SF of building
$409/SFAsking price ÷ 6,324 SF reported building area
Annual taxes
$42,772

Building and site

Units
12From the listing description
Stories
3
Reported zoning
ResidentialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Queens County

Reported features

  • Natural gas (from a listing field)
  • Near public transit (from a listing field)
  • Public water (from a listing field)
  • Parking reported (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile
  • Hardwood

Basement

  • Finished

Heating

  • Hot Water
  • Natural Gas

Construction

  • Brick

Roof

  • Rubber

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Woodside or multifamily property in Woodside.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of ONE STOP MULTISERVICE INC. Listing agent: Raymond Rivera. Listings provided by MyStateMLS.

    Listing last modified at the source Sep 18, 2026, 12:04 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.