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38 31 54th StreetWoodside, NY 11377

For Sale

$1,980,000

Smart Buyer Rebate $24,750

Exceptional opportunity in prime Woodside location! Zoning M1-1 - legal 2 Family on a 50x100 double lot (Lots 49 & 51), with four garages. New sidewalk. New hot water heater. Perfect for an end user or investor. Property has endless possibilities: use it ‘as is’ or reconfigure the space to suit your business. Excellent location – 3 blocks from the Northern Boulevard R and M subway station, and 6 blocks from the LIRR station and #7 subway. Quick access to major highways: Brooklyn Queens Expressway and Grand Central Pkwy, and only 17 minutes to Manhattan!

Listed by John W. Keane GRI CBR

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RE/MAX Team

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718-429-4400

Last updated September 02, 2025

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Source: OneKey #907395

Listing Facts

  • TypeMulti-family
  • NeighborhoodWoodside
  • Days on Prevu6
  • Taxes$11,399/year

Location

Mortgage Calculator

Listing History

09/01/2025
Price Increased
$1,980,000
09/01/2025
Listed by RE/MAX Team
$1,398,000

Estimated Closing Costs

Total
$68,702
Attorney Fees
$4,000
NYC Mansion Tax
$19,800
Title Insurance
$8,910
Bank Attorney
$1,500
Mortgage Recording Tax
$30,492
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,980,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 38 31 54th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1925
  • Construction Materials: Frame

Measurements

  • Building Area Total: 1,570
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 50,100
  • Lot Size Square Feet: 5,000

Financial

Taxes

  • Parcel Number: 01208-0051
  • Tax Annual Amount: $11,399.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes

Utilities

Equipment

  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.