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Listing Courtesy of Corcoran Group
$7,600,000
Est. payment /mo
27 BD
21 BA
New
53-11-17 SKILLMAN Avenue Queens, NY 11377
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UPDATED:
02/21/2025 05:01 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Woodside
MLS Listing ID RLS20004517
Bedrooms 27
HOA Y/N No
Annual Tax Amount $41,808
Property Sub-Type Townhouse
Property Description
The Skillman Portfolio: A Prime Investment Opportunity.
The Forray Team at The Corcoran Group is proud to present The Skillman Portfolio, featuring The Lindsay (53-11 Skillman Ave) and The Camille (53-17 Skillman Ave)-two fully remodeled boutique loft buildings on the Sunnyside-Woodside border.
This turn-key investment includes 11 units (10 free-market, 1 rent-stabilized), blending stability with strong growth potential in a high-demand rental market. Originally redeveloped in 2021, both buildings feature Italian cabinetry, oak flooring, and Carrara marble-inspired bathrooms, ensuring premium living spaces with lasting value.
The Lindsay (5 units) - 4.84% Cap Rate, projected 6.6%
The Camille (6 units) - 5.73% Cap Rate, projected 7.24%
Just blocks from the 7 train at 52nd Street, the portfolio offers prime access to Midtown Manhattan, CitiBike stations, and major bus lines. Steps from top Sunnyside/Woodside restaurants, caf s, and Sunnyside Gardens Park, this location attracts renters seeking both convenience and charm.
With a 7.8% increase in StreetEasy searches from 2023-2024, Sunnyside continues to rise as a premier investment market. The Skillman Portfolio delivers strong returns, modern upgrades, and unbeatable location-an exceptional opportunity in Queens.
For more details or to schedule a private showing, contact us directly.
The Forray Team at The Corcoran Group is proud to present The Skillman Portfolio, featuring The Lindsay (53-11 Skillman Ave) and The Camille (53-17 Skillman Ave)-two fully remodeled boutique loft buildings on the Sunnyside-Woodside border.
This turn-key investment includes 11 units (10 free-market, 1 rent-stabilized), blending stability with strong growth potential in a high-demand rental market. Originally redeveloped in 2021, both buildings feature Italian cabinetry, oak flooring, and Carrara marble-inspired bathrooms, ensuring premium living spaces with lasting value.
The Lindsay (5 units) - 4.84% Cap Rate, projected 6.6%
The Camille (6 units) - 5.73% Cap Rate, projected 7.24%
Just blocks from the 7 train at 52nd Street, the portfolio offers prime access to Midtown Manhattan, CitiBike stations, and major bus lines. Steps from top Sunnyside/Woodside restaurants, caf s, and Sunnyside Gardens Park, this location attracts renters seeking both convenience and charm.
With a 7.8% increase in StreetEasy searches from 2023-2024, Sunnyside continues to rise as a premier investment market. The Skillman Portfolio delivers strong returns, modern upgrades, and unbeatable location-an exceptional opportunity in Queens.
For more details or to schedule a private showing, contact us directly.
Location
State NY
County Queens
Rooms
Basement Other
Interior
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $3, 484
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Real Broker LLC