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,
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Property Details
- Townhouse
Amenities
- Elevators, Green Building
- Pets: Building Yes, No
- View: Other
