Property Description

Offered for sale is a well maintained mixed use building located at 46-15 48th Avenue in Woodside, Queens. The property consists of five residential apartments plus one ground floor retail store, providing a stable income profile with upside through long term appreciation. Positioned on a residential block with convenient access to transportation, shopping, and major roadways, this asset is well suited for investors seeking a low management, turn key mixed use property in a strong Queens submarket. Property is tax class 2B (protected tax class).The residential units have been renovated with modern finishes that appeal to today's renter, enhancing durability and tenant retention. The combination of upgraded apartments and street level retail creates diversified income while benefiting from consistent demand in Woodside, an area known for its proximity to Long Island City, Sunnyside, and Midtown Manhattan.Renovated Apartment Unit Features Engineered hardwood floors. Recessed lighting throughout. Quartz countertops. Brand new paneled appliances. Custom kitchen cabinetry. Luxury bathrooms with ceramic tilework. Whisper quiet split unit HVAC systems.*The rent regulation status of the units in this building has not been verified by the seller. Prospective purchasers are advised to conduct their own due diligence and consult with appropriate professionals.Featured Commercial Sales.

Property Features