Two-Family Residential Income
21-05 30th Avenue Queens, NY 11102
For Sale
Contact for pricing
Semi-detached two-family home with two floors plus a full finished basement and a rear two-car garage.
Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$874.38
Days on Market105
Property Features for 21-05 30th Avenue
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing Agency:
City House Realty Inc.
Listed By:
Terrance Tam · License #10401307094
Source:
Crexi
Added: Apr 13
Changed: Jul 22
Last Checked: Jul 24 at 3:45PM
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 City House Realty Inc.
Investment Insights
Based on property information with market context.
21-05 30th Avenue is a semi-detached two-family residential income property with an additional full finished basement. The first floor offers 2 bedrooms and 1 bathroom, while the second floor features 3 bedrooms and 1 bathroom, providing a practical split layout. The home also includes a rear 2-car garage with a community driveway.
Located in Astoria, the property is described as convenient to local shops, restaurants, and transportation.
The asset sits on a 25 x 100 lot with a 20' x 40' building footprint, offering a straightforward configuration for tenants seeking multi-level living within the same building.
Located in Astoria, the property is described as convenient to local shops, restaurants, and transportation.
The asset sits on a 25 x 100 lot with a 20' x 40' building footprint, offering a straightforward configuration for tenants seeking multi-level living within the same building.
Key Highlights
- Two‑family semi‑detached home built in 1940
- Set on a 25 x 100 lot with a 20' x 40' building size
- First floor: 2 bedrooms and 1 bathroom
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 | $73.9k | $46.20 |
| − Vacancy | −$2.8k | −$1.76 |
| EGI | $71.1k | $44.44 |
| − OpEx | −$32.0k | −$20.00 |
| NOI | $39.1k | $24.44 |
1,600 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K
NOI $39,111 @ 7.0% cap · market cap 2.80%
Second Best
Multifamily LT 5
$378.3K
$331.0K – $441.4K
NOI $26,483 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,568 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Semi-detached two-family home with two floors plus a full finished basement and a rear two-car garage.
Where is this duplex located?
The property is located at 21-05 30th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two‑family semi‑detached home built in 1940; Set on a 25 x 100 lot with a 20' x 40' building size; First floor: 2 bedrooms and 1 bathroom
