3743 59Th St Woodside, NY 11377

This exceptional investment opportunity presents a well-maintained seven-unit apartment building located at 3743 59th Street in the vibrant Woodside neighborhood of Queens, New York. The property sits on a 0.06-acre lot and boasts a substantial 4,860 square feet of living space. The building's income stream is comprised of six rent-stabilized units and one free-market unit, offering a blend of predictable income and potential for future rent increases. This configuration provides a solid foundation for long-term investment growth and stability. The property's location in Woodside offers easy access to public transportation, making it highly attractive to renters. The building's current condition suggests minimal immediate capital expenditures are required, allowing for immediate cash flow. This presents a rare chance to acquire a well-positioned multifamily property in a desirable area with a proven rental history. The asking price of $2,199,000 reflects the property's strong potential for return on investment. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial statements and property reports are available upon request. This is an ideal acquisition for seasoned investors seeking a stable and profitable addition to their portfolio.