10-37 BAY 31ST Street Queens, NY 11691
MULTI_FAMILY - Queens, NY
Property Features for 10-37 BAY 31ST Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 1
- Standard status
- Active
- Size
- 2,880 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7632
Building Details
- Year built
- 1965
- Floors in Building
- 2
Listing agent Ryan Serhant (646) 480-7665
Listing office Serhant LLC 372 West Broadway, New York, NY (646) 480-7665
Listing date May 31, 2026
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.
Key Highlights
- 1965‑built semi‑detached two‑family home with two separate units (4 beds/1.5 baths and 3 beds/1.5 baths)
- Each unit includes an eat‑in kitchen and a separate dining room
- Oversized finished basement with high ceilings, interior access, and a separate entrance
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 | $133.1k | $46.20 |
| − Vacancy | −$5.1k | −$1.76 |
| EGI | $128.0k | $44.44 |
| − OpEx | −$57.6k | −$20.00 |
| NOI | $70.4k | $24.44 |
