| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Best |
| Demographics | 59th | Fair |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4341 52nd St, Woodside, NY, 11377, US |
| Region / Metro | Woodside |
| Year of Construction | 2013 |
| Units | 70 |
| Transaction Date | 2008-03-07 |
| Transaction Price | $1,125,000 |
| Buyer | 52-01 LLC |
| Seller | A LONG LLC |
4341 52nd St Woodside NY Multifamily Asset
Neighborhood occupancy is high and renter demand is deep for this Queens urban-core location, according to WDSuite’s CRE market data. Elevated ownership costs in the area help support stable tenancy and pricing power for well-positioned units.
This Urban Core pocket of Woodside benefits from exceptional daily convenience. Amenity access sits in the top percentile nationally for groceries, parks, pharmacies, and restaurants, supporting renter retention and minimizing commute friction for essentials. Average school ratings are modest but slightly above national medians, which is typical for dense New York neighborhoods and tends not to be a primary leasing driver for studios and smaller formats.
At the neighborhood level, occupancy is above national norms and has trended upward over the past five years, reinforcing a baseline of leasing stability. A majority of housing units are renter-occupied, indicating a deep tenant base for multifamily operators. Home values are elevated relative to national benchmarks, which typically sustains reliance on rental housing and supports renewal capture for competitive assets.
Within a 3-mile radius, demographics show households have grown even as average household size edges lower, pointing to more, smaller households entering the market. Forward-looking projections indicate population growth and a larger household count by 2028, which should expand the renter pool and support occupancy. Rising incomes in the trade area further underpin demand for professionally managed apartments.
Built in 2013—meaningfully newer than the neighborhood’s mid‑20th‑century average stock—this asset is positioned to compete well against older comparables. Investors should still plan for mid‑life building systems updates over the next cycle, but the vintage reduces near-term repositioning risk compared with older inventory.
Safety indicators for the surrounding neighborhood track below national averages, as reflected by lower national percentiles. However, recent year-over-year data shows double-digit declines in both property and violent offense rates, suggesting improving momentum. Compared with other neighborhoods in the New York–Jersey City–White Plains metro, this area sits in the more challenged cohort but has been trending in a favorable direction.
Investors typically underwrite with added attention to security measures, lighting, and access control in locations with below-median safety percentiles. Continued improvement would be a tailwind for retention and marketing, while maintaining professional management practices can help mitigate risk.
The address is proximate to a diversified employment base that supports renter demand and short commutes, including aviation, defense, financial services, and biopharma employers noted below.
- JetBlue Airways — airline HQ (1.5 miles) — HQ
- Lockheed Martin — defense & aerospace offices (3.2 miles)
- Pfizer — biopharma HQ (3.2 miles) — HQ
- Citigroup — financial services HQ (3.3 miles) — HQ
- Travelers Cos. — insurance HQ (3.3 miles) — HQ
This 70‑unit property offers durable fundamentals for an urban Queens location. Neighborhood occupancy is strong and renter-occupied housing is prevalent, creating a wide tenant base. Elevated for-sale home values in the area help sustain rental demand and renewal capture. Based on CRE market data from WDSuite, the surrounding trade area combines top-tier amenity access with improving safety trends, supporting leasing velocity for well-managed assets.
Constructed in 2013, the asset is newer than much of the local housing stock, giving it a competitive edge versus older buildings while still warranting normal mid‑life capital planning. Within 3 miles, households are projected to increase and average household size to decline, pointing to renter pool expansion and steady demand for efficient floorplans. Affordability pressures should be monitored, but trade-area income gains and convenience amenities provide offsets.
- High neighborhood occupancy and deep renter base support leasing stability
- Newer 2013 vintage competes well against older local stock
- Exceptional amenity access and major employers nearby bolster retention
- 3-mile outlook shows more households and smaller sizes, expanding the renter pool
- Risks: below-median safety metrics and affordability pressure require active management