Two-Unit Duplex
For Sale
$1,848,000
16-33 Bell Boulevard, Bayside, NY 11360
Two residential units offer flexibility for investment or owner-occupancy.
Days on Market16
Property Features for 16-33 Bell Boulevard
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
3,400 SF
Year Built
1970
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Xiao Feng Pan CBR · License #31PA0929296
Source:
Barbieliteam
Added: Jul 17
Changed: Jul 31
Last Checked: Aug 1 at 11:02AM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
This duplex property includes two dwelling units and was built in 1970. The configuration supports both investment and owner-occupancy, providing a residential income property with two separate dwellings.
Located on Bell Boulevard in Bayside, the property is close to banks, supermarkets, restaurants, and Bay Terrace Shopping Centre. The area also offers access to the LIRR and direct bus service to Manhattan and Flushing.
Located on Bell Boulevard in Bayside, the property is close to banks, supermarkets, restaurants, and Bay Terrace Shopping Centre. The area also offers access to the LIRR and direct bus service to Manhattan and Flushing.
Key Highlights
- Two dwelling units in a duplex property
- Built in 1970
- Located on Bell Boulevard in Bayside
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 | $157.1k | $46.20 |
| − Vacancy | −$6.0k | −$1.76 |
| EGI | $151.1k | $44.44 |
| − OpEx | −$68.0k | −$20.00 |
| NOI | $83.1k | $24.44 |
3,400 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,111 @ 7.0% cap · market cap 4.50%
Second Best
Multifamily LT 5
$803.9K
$703.4K – $937.9K
NOI $56,275 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,456 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 11360, NY
20,039
Population
9,874
Households
2
Avg Household Size
52
Median Age
49%
College-Educated
87%
High-School Grad
1.4 sq mi
ZIP Area
14,314
Density / Sq Mi
$100,250
Median Household Income
$67,810
Median Earnings
$2,329
Median Rent
$692,600
Median Home Value
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 residential units offer flexibility for investment or owner-occupancy.
Where is this duplex located?
The property is located at 16-33 Bell Boulevard Bayside, NY.
What is the asking price?
The asking price for this property is $1,848,000.
What are key features of this property?
This property features: Two dwelling units in a duplex property; Built in 1970; Located on Bell Boulevard in Bayside
