Two-Family Duplex with
For Sale
$1,688,000
Pending
20837 15th Drive, Bayside, NY 11360
Residential Income, Bayside, NY
Property Size3,240 SF
Lot Size0.09 Acres
Days on Market28
Property Features for 20837 15th Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Basement, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 3
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Eat-in Kitchen, Entrance Foyer, Granite Counters, Primary Bathroom
Basement
Full, Walk-Out Access, 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
Pending
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
Amenities
washer/dryer
Building Details
Year built
1975
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Architectural style
Other
Buildings
1
Listing Agency:
Howard Hanna Coach
(516) 746-5511
Listed By:
Barbara Chmil CBR
(516) 524-7087
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 28 at 1:06PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone two-family property at 20837 15th Drive contains approximately 3,240 square feet on a 0.0857-acre lot. The lower residence has four bedrooms and two-and-a-half bathrooms across three levels; the upper home has three bedrooms and two full bathrooms over two levels. Both residences have washer and dryer units. The property also includes a garage and driveway, central air conditioning, and a deck. Built in 1975, the home has public water and sewer service.
The property is in Bayside, with local and express bus service and the Bayside LIRR station identified as nearby transportation options. Shopping, restaurants, schools, and neighborhood parks are also in the surrounding area.
The property is in Bayside, with local and express bus service and the Bayside LIRR station identified as nearby transportation options. Shopping, restaurants, schools, and neighborhood parks are also in the surrounding area.
Key Highlights
- Approximately 3,240 square feet on a 0.0857‑acre lot
- Two residences: one with 4 bedrooms and 2.5 bathrooms, the other with 3 bedrooms and 2 full bathrooms
- Lower residence spans 3 levels; upper residence spans 2 levels
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate multilevel residences include in-unit laundry and access to a garage.
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: Approximately 3,240 square feet on a 0.0857‑acre lot; Two residences: one with 4 bedrooms and 2.5 bathrooms, the other with 3 bedrooms and 2 full bathrooms; Lower residence spans 3 levels; upper residence spans 2 levels
