All-Brick Four-Level Multifamily
For Sale
$1,720,000
2322 Parsons Blvd, Whitestone, NY 11357
MULTI_FAMILY - Other - Whitestone, NY
Property Size3,564 SF
Lot Size34.42 Acres
Price / SF$482.60
Days on Market32
Property Features for 2322 Parsons Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 5, Laundry Room, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 6, Bathroom 1
Interior features
Walk-In Closet(s)
Subdivision
Whitestone
Directions
Parsons Blvd & 23 Ave
Standard status
Active
Size
3,564 SF
Lot size
34.42 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
13952
Utilities
Heating system
Natural Gas, Hot Water(Heating), Zoned
Water source
Public
Amenities
balcony
Manhattan view
Building Details
Year built
1975
Floors in Building
3
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
EAST COAST NEW YORK
(718) 428-2900
Listed By:
Kyung S Park
(917) 974-0992
Added: Jun 30
Changed: Jul 30
Last Checked: Jul 31 at 3:06AM
MLS# 11863408
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This all-brick, four-level multifamily building includes a first-floor family room with one bath and a finished basement on the ground floor. The second floor features three bedrooms, two baths, and a balcony, while the third floor offers three bedrooms, two baths, and a balcony. Hardwood flooring is noted throughout, along with walk-in closet(s). Heating is zoned natural gas hot water, and the roof is asphalt. The property was built in 1975.
Set at 2322 Parsons Blvd in Whitestone (Queens), the building offers walk-to access to parking, buses, and shopping, with proximity to Cross Island Pkwy noted in the remarks.
The layout supports multiple bedroom and bath combinations across floors, with two parking spaces via a driveway. The building size is listed as 22 x 54, with a total property size of 3,564 square feet. Public water is provided.
Set at 2322 Parsons Blvd in Whitestone (Queens), the building offers walk-to access to parking, buses, and shopping, with proximity to Cross Island Pkwy noted in the remarks.
The layout supports multiple bedroom and bath combinations across floors, with two parking spaces via a driveway. The building size is listed as 22 x 54, with a total property size of 3,564 square feet. Public water is provided.
Key Highlights
- 34.42‑acre lot size
- Four levels with first‑floor family room and finished basement
- Building size listed as 22 x 54
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.7k | $46.20 |
| − Vacancy | −$6.3k | −$1.76 |
| EGI | $158.4k | $44.44 |
| − OpEx | −$71.3k | −$20.00 |
| NOI | $87.1k | $24.44 |
3,564 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $87,120 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $183,920 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Four-level multifamily with zoned natural gas hot-water heating, hardwood floors, and asphalt roof on a large Queens lot.
Where is this multifamily property located?
The property is located at 2322 Parsons Blvd Whitestone, NY.
What is the asking price?
The asking price for this property is $1,720,000.
What are key features of this property?
This property features: 34.42‑acre lot size; Four levels with first‑floor family room and finished basement; Building size listed as 22 x 54
