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50-11 Queens Blvd #806
Woodside, NY

50-11 Queens Blvd #806

$3,100
1 bd • 1 ba • sf

This analysis was generated by artificial intelligence on 1/31/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$3,100

Price/Sq.Ft

$3100

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Modern finishes: The interior photos suggest that the apartment has modern finishes, including light wood floors and large windows. These features can be attractive to many buyers/renters. • Large windows: The large windows provide ample natural light and may offer city views, which are desirable features in an urban setting. These windows are also a main feature of the room and provide a modern aesthetic. • Proximity to transportation: Woodside is known for its excellent public transportation access, which can be a major advantage for those commuting to Manhattan or other parts of the city. The location near major roadways also provides convenient access for drivers. • High median income area: The median income in Woodside is $66,325, indicating a relatively affluent neighborhood, which can be appealing to some buyers/renters. • Good rental market: The rental rates in Woodside are relatively high, suggesting a strong demand for housing in the area. This may be attractive to investors or those looking to rent out the property in the future.

The Bad

• Unknown square footage: The lack of information about the apartment's size makes it difficult to assess its value and compare it to other properties in the area. This lack of data is a significant drawback, as square footage is a primary factor in determining property value. • High rental price: At $3,100 per month, the property exceeds the average one-bedroom rent in Woodside ($2,390) by approximately 29.7%. This suggests either a premium location or amenities, or potentially overpricing. • No property description: The absence of a detailed property description makes it difficult to assess the unit's specific features, condition, and overall quality. This lack of detail can make it difficult for potential buyers or renters to evaluate the property's suitability. • No room details: The lack of specific room details (e.g., kitchen appliances, bathroom fixtures) further complicates the evaluation process. Potential buyers/renters cannot determine if the property meets their needs or expectations. • No utility information: Without information about utilities, prospective buyers or renters cannot accurately estimate the total monthly cost of living. This lack of transparency is a significant drawback.

The Ugly

• Lack of transparency: The lack of information about the property, such as square footage, room details, and utility costs, makes it difficult to conduct a thorough evaluation of its value and suitability. This lack of transparency raises concerns about what is not being disclosed. • Potential noise pollution: The property's location near major transportation infrastructure could result in significant noise pollution, which can negatively impact the quality of life for residents. The lack of information about soundproofing further exacerbates this risk. • Unknown building age: The absence of a construction year for the building makes it difficult to assess the property's potential for maintenance and repair costs. Older buildings may have outdated systems or need major repairs, adding to the overall cost of ownership or rental. • Potential flood risk: Parts of Woodside are located in designated flood zones, which can lead to higher insurance premiums and potential property damage. The lack of specific flood risk information for the property is a concern. • Competitive market: The highly competitive nature of the Woodside real estate market could lead to bidding wars and inflated prices, making it more difficult for buyers to secure a property at a reasonable value.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Individuals seeking a modern apartment in a well-connected area: The unit's modern finishes, large windows, and proximity to transportation make it suitable for those who value urban convenience and contemporary design. • Buyers comfortable with the potential for noise: Given the property's location near major roadways and elevated subway lines, it would be best for buyers who are not particularly sensitive to ambient noise or who are prepared to mitigate it with soundproofing measures. • Buyers who prioritize a low-maintenance lifestyle: The absence of yard work and exterior maintenance in this apartment building may be ideal for buyers who want to avoid those responsibilities. • Buyers who are comfortable with a smaller living space: Given that the square footage is unknown but likely modest, this property will be most appealing to those seeking a one-bedroom unit.

Not For

• Buyers who prioritize a large living space: Given that the square footage is unknown, but this is a one-bedroom unit, this property might not be suitable for buyers seeking a larger living space with multiple bedrooms or a large common area. • Buyers seeking a very quiet environment: The property's location near major roadways and elevated subway lines makes it unsuitable for individuals who are particularly sensitive to noise or who value a quiet living environment. • Buyers who require ample parking: The property listing does not mention dedicated parking, and street parking in Woodside is known to be challenging. Buyers with a car may find this property inconvenient without a dedicated parking spot. • Buyers who are sensitive to potential flood risks: Parts of Woodside are located in designated flood zones. Individuals who prefer to avoid such risks may want to consider properties in different areas.
Demographics
Area Median Income

$66,325

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Risk Assessment

Risk Analysis

• Noise pollution: The property's location near the BQE and elevated subway lines could result in significant noise pollution, which may impact the quality of life for some residents. Noise levels may vary depending on the floor and orientation of the unit within the building. • Lack of parking: Street parking in Woodside is notoriously difficult, and the property listing does not indicate whether dedicated parking is available. This could be a significant inconvenience for residents with vehicles. The cost of renting parking, if available, would also add to the total cost of living. • Flood risk: Parts of Woodside are located in designated flood zones, which can lead to higher insurance premiums and potential property damage in the event of flooding. Buyers should check flood maps and understand the potential risks. • Competitive market: Woodside is a highly competitive market, which can lead to bidding wars and potentially inflated prices. Buyers need to be prepared to act quickly and possibly offer above the asking price. The lack of information on the property's size and condition makes it difficult to assess its value relative to similar properties. • Unknown maintenance costs: The listing lacks information on building maintenance fees or potential repair costs. This makes it challenging to estimate the full cost of ownership or rental.

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