Two-Family Frame
4313 56th Street Woodside, NY 11377
4313 56th Street, Woodside, NY, 11377
$1,388,888
For Sale
$1,388,888
MULTI_FAMILY - Woodside, NY
Property Size2,048 SF
Lot Size0.05 Acres
Price / SF$678.17
Days on Market29
Property Features for 4313 56th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Basement, Bedroom 2, Bedroom 1
- Parking features
- Driveway
- Basement
- Finished
- Standard status
- Active
- APN
- 01329-0016
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9871
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Frame
Listing Agency
Douglas Elliman Real Estate
(516) 746-0440
1700 Lakeville Rd, Huntington Station, NY
Listed by
Ricardo D. Mendez · License #10301214562
(718) 956-5000
Added: Jun 22 Updated: Jul 17 at 9:21 pm Checked: Jul 20 at 9:06 pm
MLS# 1016919
Listing URL
Copyright © 2026 OneKey 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 well-maintained two-family frame house was built in 1930 and features two separate apartments. Each unit offers 2 bedrooms and 1 bathroom, providing a straightforward layout for renters or flexible household living. The property includes a full basement, along with a front porch with brick steps, prominent front gabled dormers, and mature landscaping.
Set on a quiet, tree-lined residential block in Woodside, the home is positioned for easy transit access. The 7 Train and the Woodside LIRR station are both described as walkable, supporting convenient trips toward Manhattan and surrounding employment centers. Public remarks also note Walk Score 94 and Transit Score 100, along with nearby dining, shopping, parks, schools, supermarkets, and everyday amenities.
The configuration makes this property practical for a variety of buyers, including investors looking for rental income from both units or owner-occupants who prefer to live in one unit while renting the other. Its two-unit setup and full basement support everyday functionality for multi-generational arrangements as well.
Set on a quiet, tree-lined residential block in Woodside, the home is positioned for easy transit access. The 7 Train and the Woodside LIRR station are both described as walkable, supporting convenient trips toward Manhattan and surrounding employment centers. Public remarks also note Walk Score 94 and Transit Score 100, along with nearby dining, shopping, parks, schools, supermarkets, and everyday amenities.
The configuration makes this property practical for a variety of buyers, including investors looking for rental income from both units or owner-occupants who prefer to live in one unit while renting the other. Its two-unit setup and full basement support everyday functionality for multi-generational arrangements as well.
Key Highlights
- Two‑family frame home built in 1930 with approx. 2,048 sq ft total living space
- Two apartments with 2 bedrooms and 1 bathroom each
- 20' x 100' lot with light‑colored siding, dark shingled roof, and two front gabled dormers
Local 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 | $94.6k | $46.20 |
| − Vacancy | −$3.6k | −$1.76 |
| EGI | $91.0k | $44.44 |
| − OpEx | −$41.0k | −$20.00 |
| NOI | $50.1k | $24.44 |
2,048 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$715.2K
$625.8K – $834.4K
NOI $50,062 @ 7.0% cap · market cap 3.60%
Second Best
Multifamily LT 5
$484.3K
$423.7K – $565.0K
NOI $33,898 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,687 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units offer 2 bedrooms and 1 bathroom each, with a full basement and a commuter-friendly Woodside address.
Where is this duplex located?
The property is located at 4313 56th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,388,888.
What are key features of this property?
This property features: Two‑family frame home built in 1930 with approx. 2,048 sq ft total living space; Two apartments with 2 bedrooms and 1 bathroom each; 20' x 100' lot with light‑colored siding, dark shingled roof, and two front gabled dormers
