2 Locations

This exclusive Queens multifamily portfolio presents investors with a rare opportunity to acquire two stabilized brick apartment buildings located in the highly desirable submarkets of Woodside and Ridgewood, Queens. The portfolio combines strong in-place income, excellent transportation access, and long-term upside potential through continued rental growth and operational efficiencies. Both assets benefit from proximity to major subway lines including the 7 Train and M Train, providing direct commuter access to Midtown Manhattan and Brooklyn. These transit-oriented locations continue to drive strong tenant demand and historically low vacancy rates.

The portfolio currently produces over $427,000 in annual gross income with stable collections and consistent occupancy. Existing cash flow provides immediate returns for investors while maintaining future upside through unit improvements and rent optimization.

The buildings are strategically positioned near major transportation corridors, neighborhood retail, restaurants, shopping centers, and employment hubs, making them highly attractive to tenants seeking accessibility and convenience.

Queens continues to experience strong rental demand due to limited housing supply and continued migration from Manhattan and Brooklyn. Ridgewood and Woodside remain two of the borough's strongest performing multifamily rental markets.

The portfolio presents investors with immediate in-place cash flow while maintaining strong future upside potential through rent growth, operational efficiencies, and strategic unit upgrades over time. At the proposed portfolio pricing, investors benefit from a strong going-in cap rate with future appreciation potential supported by Queens' continued multifamily market growth.