Two-Family Duplex with
For Sale
$1,688,000
20837 15th Drive, Bayside, NY 11360
Residential Income, Bayside, NY
Property Size3,240 SF
Lot Size0.09 Acres
Price / SF$520.99
Days on Market10
Property Features for 20837 15th Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 5, Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bedroom 2
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Eat-in Kitchen, Entrance Foyer, Granite Counters, Primary Bathroom
Basement
Walk-Out Access, Full, Storage Space
Lot features
Back Yard, Near Public Transit, Near School, Near Shops
Elementary school
Ps 209 Clearview Gardens
Middle school
Jhs 194 William Carr
High school
Bayside High School
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 26
Directions
209th Street to 15th Drive
Standard status
Active
APN
05861-0047
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
16766
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Central Air
Water source
Public
Building Details
Year built
1975
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Architectural style
Other
Listing Agency:
Howard Hanna Coach
(516) 746-5511
Listed By:
Barbara Chmil CBR
(516) 524-7087
Added: Oct 1
Changed: Oct 8
Last Checked: Oct 10 at 3:06AM
MLS# 1057098
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.
This standalone duplex contains two residences within approximately 3,240 square feet of living area. One home extends over three levels and has four bedrooms and two and one-half bathrooms; the other occupies two levels and includes three bedrooms and two full bathrooms. The upper residence has been updated. A garage, driveway, deck, eat-in kitchen, granite counters, central air, and baseboard heat are among the property’s features.
The Bayside address offers access to local and express bus service and the Bayside LIRR station. Shopping, restaurants, schools, parks, and everyday services are nearby. The property was built in 1975 on a 0.0857-acre lot.
The Bayside address offers access to local and express bus service and the Bayside LIRR station. Shopping, restaurants, schools, parks, and everyday services are nearby. The property was built in 1975 on a 0.0857-acre lot.
Key Highlights
- Two residences in approximately 3,240 square feet of living area
- One residence has 4 bedrooms and 2.5 bathrooms; the other has 3 bedrooms and 2 full bathrooms
- Three‑level and two‑level residential layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,200
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,584,000
$1.6M
Cap Rate 7%
$1,131,429
$1.1M
Cap Rate 9%
$880,000
$880.0K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$149.7K $46.20/SF
− Vacancy
−$5.7K −$1.76/SF
EGI
$144.0K $44.44/SF
− OpEx
−$64.8K −$20.00/SF
NOI
$79.2K $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%
$1,584,000
Cap Rate 7%
$1,131,429
Cap Rate 9%
$880,000
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 4.69%
Second Best
Multifamily LT 5
$766.1K
$670.3K – $893.8K
NOI $53,627 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,200 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
926
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer multilevel layouts, with public transportation and neighborhood services nearby.
Where is this duplex located?
The property is located at 20837 15th Drive Bayside, NY.
What is the asking price?
The asking price for this property is $1,688,000.
What are key features of this property?
This property features: Two residences in approximately 3,240 square feet of living area; One residence has 4 bedrooms and 2.5 bathrooms; the other has 3 bedrooms and 2 full bathrooms; Three‑level and two‑level residential layouts
