48TH STREET

$1,550,000

Price

Sold
ID #: 6820
Property Type: Building
Availability: NOW!
Parking: Street
Total Rooms: 17


Building & Unit Features

  • Hardwood

  • **SOLD** PRIME WOODSIDE SIX FAMILY APARTMENT BUILDING

    ***SOLD***

    The subject property is a three story walk up multi-family building located on the west side of 48th Street between 48th and 50th Avenues on the Woodside - Sunnyside border. The building contains five (5) two bedroom apartments and one (1) one bedroom apartment. Five of the six apartments are rent stabilized with an approximate legal rent roll of $57,770 annually. Four (4) of the apartments will be delivered vacant at the time of sale, all of which need certain updates. Upgrades include recent tuck-pointing on the front parapet wall, new electrical panels and hallway skylight. Property is conveniently located near the #7 subway lines, an MTA bus stop on the block and within close proximity to the Long Island Expressway. Commerce and all necessities are within a short distance. Current annual taxes, approximately $11,800.

    Listing Agents



    Amy FitzGerald




    Nearby Subways

    • 7 47th St & Queens Blvd (~0.35 mile)

    Learn More About The Area