$1,780,000
●
Multifamily -
Off Market
41-59 70th Street
Woodside, NY 11377
10 Beds
7 Baths
$11,862
Estimated Monthly
$0
HOA / Fees
2.61%
Cap Rate
About This Property
Welcome to an exceptional investment opportunity in the heart of
Woodside. This distinguished brick detached 4-family home,
featuring a 2-car garage, presents a rare chance to acquire a
premium property in a prime location. Built in 2006, this residence
exemplifies modern sophistication and offers an array of coveted
amenities. Nestled in the vibrant neighborhood of Woodside,
this property enjoys unrivaled proximity to the Jackson Heights -
Roosevelt Ave subway station, LIRR, Queens Blvd., supermarkets, and
renowned restaurants. Residents will revel in the convenience of
easy commuting, abundant shopping options, and a thriving culinary
scene. A compelling aspect of this property is its
outstanding potential for investment returns. Boasting a remarkable
net income of $95,564, this residence represents a highly lucrative
opportunity for discerning investors. Each unit is equipped with
separate utilities, including 5 electric meters, 5 gas meters, 5
boilers, and 5 water tanks, ensuring convenience and accountability
for tenants while optimizing operational efficiency. In
addition to its financial appeal, this home offers a touch of
luxury with each unit featuring a fireplace and either a balcony or
terrace. These sought-after features provide residents with an
elevated living experience, blending comfort and style seamlessly.
Embrace the immense potential of this remarkable 4-family
home, offering a strong income stream and the ability to attract
discerning tenants seeking a premium living environment. With its
enviable location, modern amenities, solid net income, and elegant
touches, this property stands as an exceptional investment
opportunity.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$3,121
HOA Dues
-
Year Built
2006
Last updated: 18 hours ago (OneKey MLS #ONE3491681)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 7, 2024 | Withdrawn | - | |
Withdrawn | |||
Oct 16, 2023 | Price Decreased |
$1,780,000
↓ $120K
(6.3%)
|
|
Price Decreased | |||
Jul 17, 2023 | Listed by Century Homes Realty Group LLC | $1,900,000 | |
Listed by Century Homes Realty Group LLC | |||
Jun 8, 2016 | Sold to Cheung Pun Woodside Llc | $1,020,000 | |
Sold to Cheung Pun Woodside Llc | |||
Sep 24, 2015 | Sold to Chun Geng Lin | $605,000 | |
Sold to Chun Geng Lin |
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Shared Driveway, Attached, 2 Car Attached
Garage Spaces: 2
Interior Details
Bathroom Information
Full Bathrooms: 7
Room 1
Level: First
Type: 3 bedrooms, 3 bathrooms, kitchen, Lr/dr
Room Information
Rooms: 21
Fireplace Information
Has Fireplace
Fireplaces: 4
Basement Information
Basement: Finished, Full
Exterior Details
Property Information
Architectual Style: Other
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 2006
Building Information
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.06
Lot Size Square Feet: 2600
Lot Size Dimensions: 26x100
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $37,456
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Natural Gas, Baseboard
Sewer : Public Sewer
Location Details
Directions: google map
County or Parish: Queens
Other Details
On Market Date: 2023-07-17
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
10
Beds
6
Baths
-
$1,500,000
Jun 13, 2023
$1,500,000
Jan 11, 2024
$932/mo
Sold
Multifamily
9
Beds
6
Baths
-
$1,800,000
Sep 9, 2023
$1,800,000
Nov 14, 2023
$1,167/mo
Sold
Multifamily
11
Beds
6
Baths
-
$1,710,000
Aug 24, 2019
$1,710,000
Dec 27, 2019
$2,189/mo
Sold
Multifamily
9
Beds
5
Baths
-
$1,400,000
Jul 22, 2013
$1,400,000
Oct 22, 2014
$1,000/mo
Sold
Multifamily
11
Beds
6
Baths
-
$1,495,000
Sep 25, 2020
$1,495,000
May 19, 2022
$1,439/mo
Sold
Multifamily
6
Beds
6
Baths
-
$1,693,000
Feb 12, 2023
$1,693,000
Jul 25, 2023
$980/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/01/2022
|
|
Loft
|
-
|
-
|
$1,980,000
Loft
-
|
-
-
|
-
|
Yan Lin
Chase Global Realty Corp
|
05/02/2021
|
|
14 Bed
|
8 Bath
|
-
|
$1,990,000
14 Bed
8 Bath
|
-
-
|
-
|
Yan Lin
Chase Global Realty Corp
|
03/08/2020
|
|
Studio
|
-
|
-
|
$1,950,000
Studio
-
|
-
-
|
-
|
Yan Lin
Chase Global Realty Corp
|
Building Info
41-59 70th Street
41-59 70th Street, Woodside, NY 11377
- 4 Units
- 1 Unit for Sale