Renovated Two-Family Home,
For Sale
$960,000
50-46 69th Pl, Queens, NY 11377
Two-family home in Woodside with steady income potential.
Property Size1,362 SF
Lot Size0.04 Acres
Days on Market312
Property Features for 50-46 69th Pl
General Information
Standard status
Active
Size
1,362 SF
Lot size
0.04 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$5,612
Building Details
Building Size
1,362 SF
Year Built
1920
Units
2
Listed By:
Kayla Piao
(917) 292-1818
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 3
Last Checked: Oct 5 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kayla Piao
Investment Insights
Based on property information with market context.
This two-family home is located in Woodside. The property has been renovated within the last five years. The first floor features four bedrooms and three bathrooms, while the second floor includes three bedrooms and one bathroom. The property also has an unfinished basement. The property is currently generating a monthly income of over $7,000.
Key Highlights
- Generates $7k+ monthly income.
- Renovated within the last 5 years.
- Two‑family home, perfect for investors or owner‑occupants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,293
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,860
$665.9K
Cap Rate 7%
$475,614
$475.6K
Cap Rate 9%
$369,922
$369.9K
Market Conditions
NOI Build-Up for 1,362 SF
Gross rent
$62.9K $46.20/SF
− Vacancy
−$2.4K −$1.76/SF
EGI
$60.5K $44.44/SF
− OpEx
−$27.2K −$20.00/SF
NOI
$33.3K $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%
$665,860
Cap Rate 7%
$475,614
Cap Rate 9%
$369,922
Alternative Uses
Best Use
Apartment 5plus
$475.6K
$416.2K – $554.9K
NOI $33,293 @ 7.0% cap · market cap 3.47%
Second Best
Multifamily LT 5
$322.0K
$281.8K – $375.7K
NOI $22,543 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$1.00M
$878.6K – $1.17M
NOI $70,286 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,752
Businesses Nearby
Explore this area
Business Placement
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home in Woodside with steady income potential.
Where is this duplex located?
The property is located at 50-46 69th Pl Queens, NY.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Generates $7k+ monthly income.; Renovated within the last 5 years.; Two‑family home, perfect for investors or owner‑occupants.
