Renovated Brick Multifamily
For Sale
$1,750,000
Pending
34-09 30th St, Queens, NY 11106
Solid brick, renovated 4-level home with private driveway and garage, delivered vacant, with 7 bedrooms and 3 baths.
Property Size3,496 SF
Days on Market96
Property Features for 34-09 30th St
General Information
Standard status
Pending
Size
3,496 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,468
Building Details
Building Size
3,496 SF
Year Built
1960
Stories
4
Units
3
Construction
Solid Brick
Tenancy
Multi
Listed By:
Zi Feng Chen AHWD E-PRO GRI
(917) 828-2801
Source:
Elliman
Added: Jul 3
Changed: Sep 23
Last Checked: Oct 5 at 4:31PM
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 Zi Feng Chen AHWD E-PRO GRI
Investment Insights
Based on property information with market context.
Solid brick, renovated 4-level residential income building with 7 bedrooms and 3 baths. The property is delivered vacant. A private driveway and garage are included, and the basement is open and unfinished with access from the lobby and a separate door to the backyard.
The seller notes the home is approximately 1.5 blocks to train service. WalkScore 97, transitScore 99, and bikeScore 80 are provided in the remarks.
The property is described as paying taxes as a 3-family, while a CO for a 2-family is noted.
The seller notes the home is approximately 1.5 blocks to train service. WalkScore 97, transitScore 99, and bikeScore 80 are provided in the remarks.
The property is described as paying taxes as a 3-family, while a CO for a 2-family is noted.
Key Highlights
- Solid brick, renovated 4‑level home with 7 bedrooms and 3 bathrooms
- Delivered vacant
- Private driveway and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,458
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,709,160
$1.7M
Cap Rate 7%
$1,220,829
$1.2M
Cap Rate 9%
$949,533
$949.5K
Market Conditions
NOI Build-Up for 3,496 SF
Gross rent
$161.5K $46.20/SF
− Vacancy
−$6.1K −$1.76/SF
EGI
$155.4K $44.44/SF
− OpEx
−$69.9K −$20.00/SF
NOI
$85.5K $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%
$1,709,160
Cap Rate 7%
$1,220,829
Cap Rate 9%
$949,533
Alternative Uses
Best Use
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,458 @ 7.0% cap · market cap 4.88%
Second Best
Multifamily LT 5
$826.6K
$723.3K – $964.4K
NOI $57,864 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,410 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 11106, NY
41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - Solid brick, renovated 4-level home with private driveway and garage, delivered vacant, with 7 bedrooms and 3 baths.
Where is this duplex located?
The property is located at 34-09 30th St Queens, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Solid brick, renovated 4‑level home with 7 bedrooms and 3 bathrooms; Delivered vacant; Private driveway and garage
