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Renovated Triplex With Basement
For Sale
$900,000

341 Beach 67th Street, Queens, NY 11692

Residential Income, Queens, NY

Property Size2,206 SF
Lot Size0.09 Acres
Price / SF$407.98
Days on Market147

Property Features for 341 Beach 67th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R5
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking features On Street
Basement Full
Subdivision Off Island
Standard status Active
APN 15915-0059
Size 2,206 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 3842

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Building materials Stucco
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Hitendra Chowdhury
Added: May 12 Changed: Sep 13 Last Checked: Oct 5 at 4:06PM
MLS# 2602650

Copyright © 2026 Staten Island Board of Realtors. 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.

Located at 341 Beach 67th Street in Queens, this 2,206-square-foot triplex offers a multi-level residential layout with six bedrooms and four bathrooms. The first floor includes four bedrooms, a full bathroom, and a half bathroom, while the second floor contains two separate one-bedroom units, each with a full bathroom, living room, and kitchen. The kitchen includes stainless appliances and has been renovated.

An unfinished basement with its own entrance provides additional space that can accommodate a family room or recreational area. Separate access points support privacy between occupants or extended household members. The property sits on 0.0918 acres, was built in 1920, and features stucco construction, forced-air heating, natural gas, public sewer, and on-street parking. R5 zoning applies.

Key Highlights

  • 2,206‑square‑foot triplex with six bedrooms and four bathrooms
  • First floor includes four bedrooms, a full bathroom, and a half bathroom
  • Second floor contains two one‑bedroom units with individual kitchens and living rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,924
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,480 $1.1M
Cap Rate 7%
$770,343 $770.3K
Cap Rate 9%
$599,156 $599.2K
Market Conditions
NOI Build-Up for 2,206 SF
Gross rent
$101.9K $46.20/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$98.0K $44.44/SF
− OpEx
−$44.1K −$20.00/SF
NOI
$53.9K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,480
Cap Rate 7%
$770,343
Cap Rate 9%
$599,156

Alternative Uses

Best Use
Apartment 5plus
$770.3K
$674.1K – $898.7K (±1% cap)
NOI $53,924 @ 7.0% cap · market cap 5.99%
Second Best
Multifamily LT 5
$521.6K
$456.4K – $608.6K (±1% cap)
NOI $36,513 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,840 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 11692, NY

22,776
Population
8,475
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
22,776
Density / Sq Mi
$49,507
Median Household Income
$39,737
Median Earnings
$1,274
Median Rent
$650,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with a renovated kitchen, separate entrances, and flexible basement space.
Where is this triplex located?
The property is located at 341 Beach 67th Street Queens, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,206‑square‑foot triplex with six bedrooms and four bathrooms; First floor includes four bedrooms, a full bathroom, and a half bathroom; Second floor contains two one‑bedroom units with individual kitchens and living rooms
More about this property
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