Duplex with Finished
New
For Sale
$1,100,000
207-01 34th Avenue, Bayside, NY 11361
The two-family residence includes granite countertops and updated bathrooms.
Property Size2,311 SF
Price / SF$475.98
Days on Market4
Property Features for 207-01 34th Avenue
General Information
Standard status
Active
Size
2,311 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,135
Amenities
fully finished basement
separate entrance
granite countertops
Finished
2
No
Yes
3
Granite Counters
Fenced
Public
Detached, Private
Public Maintained Road
Building Details
Year Built
1935
Buildings
1
Listing Agency:
(516) 703-2918
Listed By:
Aman Deep Sabharwal
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:54PM
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 Aman Deep Sabharwal
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Investment Insights
Based on property information with market context.
This 2,311-square-foot duplex was built in 1935 and is configured for two households. Interior features include granite countertops, renovated bathrooms, and a finished basement with its own entrance.
The property is in Bayside, near Bayside High School, shops, the LIRR, and major expressways.
The property is in Bayside, near Bayside High School, shops, the LIRR, and major expressways.
Key Highlights
- Two‑family duplex with 2,311 square feet
- Finished basement has a separate entrance
- Granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,491
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,820
$1.1M
Cap Rate 7%
$807,014
$807.0K
Cap Rate 9%
$627,678
$627.7K
Market Conditions
NOI Build-Up for 2,311 SF
Gross rent
$106.8K $46.20/SF
− Vacancy
−$4.1K −$1.76/SF
EGI
$102.7K $44.44/SF
− OpEx
−$46.2K −$20.00/SF
NOI
$56.5K $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%
$1,129,820
Cap Rate 7%
$807,014
Cap Rate 9%
$627,678
Alternative Uses
Best Use
Apartment 5plus
$807.0K
$706.1K – $941.5K
NOI $56,491 @ 7.0% cap · market cap 5.14%
Second Best
Multifamily LT 5
$546.4K
$478.1K – $637.5K
NOI $38,251 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,259 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,995
Businesses Nearby
Explore this area
Business Placement
Demographics for 11361, NY
29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family residence includes granite countertops and updated bathrooms.
Where is this duplex located?
The property is located at 207-01 34th Avenue Bayside, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family duplex with 2,311 square feet; Finished basement has a separate entrance; Granite countertops
