For sale
$1,200,000
Multifamily property
4522 40th StSunnyside, NY 11104
Listing courtesy of UNIVERSAL REALTY GROUP NY CORP · MyStateMLS #12051875
For sale
$1,700,000
58-34 43rd AveWoodside, NY 11377
Multifamily property · MLS 11916125 · Listed 93 days ago (Aug 3, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
58-34 43rd Avenue, Woodside, NY 11377 6-Family Investment Property | Fully Occupied | Turn-Key Condition Offered at $1,700,000 A rare opportunity to acquire a fully-occupied, six-family multifamily investment in the heart of Woodside - one of Queens' most consistently in-demand rental submarkets. Investment Highlights: 100% occupied with all six units currently generating income - zero vacancy risk at closing Gross annual income of $114,011.88, anchored by five rent-stabilized tenancies for long-term income predictability, plus one free-market unit offering upside potential at turnover New boiler recently installed - a major capital expense already handled for the next owner Roof recently repaired, reducing near-term deferred maintenance Camera security system in place for building safety and tenant peace of mind Lead paint inspection completed, satisfying NYC Local Law requirements and reducing compliance exposure for the buyer Why It Works for an Investor: Beyond the current income, this is a building with the heavy lifting largely done - mechanical systems, roof, safety, and compliance items that typically eat into a buyer's first-year budget have already been addressed. The rent-stabilized mix offers a stable, low-turnover income base, while the free-market unit provides a natural lever for rent growth over time. For a buyer thinking beyond year-one yield - toward stable long-term hold, eventual unit turnover upside, or 1031 exchange placement in a strong Queens rental corridor - this offering presents a well-maintained, income-producing asset in a location that continues to see strong rental demand. Location: Situated on 43rd Avenue between 58th and 59th Streets in Woodside, this property sits in a well-established, walkable residential pocket of western Queens. Tenants enjoy: Steps to the 7 train at the 61st St-Woodside station, offering a direct, roughly 20-25 minute ride into Midtown Manhattan LIRR access at Woodside Station, giving commuters an express alternative into Penn Station Easy access to Roosevelt Avenue and Woodside Avenue, both lined with local shops, groceries, restaurants, and everyday conveniences Close proximity to LaGuardia Airport, appealing to tenants who travel frequently or work in aviation/hospitality A short distance to Doughboy Plaza and neighborhood green space, plus easy connections to nearby Sunnyside and Jackson Heights Located in a stable, long-established residential corridor with a strong mix of multifamily housing, contributing to consistent rental demand and low vacancy across the block This kind of transit-rich, amenity-close location is a key driver of Woodside's enduring rental strength - tenants are drawn to the neighborhood's affordability relative to Manhattan and its unusually fast commute options, which supports steady occupancy for owners. Contact listing agent for financials, rent roll, and showing instructions.
Description provided by the listing brokerage.
Key facts
- Asking price
- $1,700,000
- Status
- For sale
- Property type
- MultifamilyFrom the MLS property class
- MLS number
- 11916125
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
- $1,700,000
Building and site
- Stories
- 3
- County
- Queens County
Investment figures reported in the description
- Occupancy
- 100% (actual or pro forma not stated)"…-family investment property | fully occupied | turn-key condition offered…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Listing details
Flooring
- Hardwood
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 Arete New York. Listing agent: Peter Skevas. Listings provided by MyStateMLS.
Listing last modified at the source Oct 24, 2026, 6:16 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.