Overview
- Multi Family, Residential
- 27
- 21
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.
Details
Updated on March 10, 2025 at 4:05 pm- Property ID: RLS20004517
- Price: $7,600,000
- Bedrooms: 27
- Rooms: 38
- Bathrooms: 21
- Garage Size: x x
- Property Type: Multi Family, Residential
- Property Status: Active
Mortgage Calculator
- Down Payment $1,520,000.00
- Loan Amount $6,080,000.00
- Monthly Mortgage Payment $36,452.67
- Property Tax $12,666.67
