Two-Bedroom Duplex
For Sale
$1,445,000
21-31 Shore Boulevard 1B, Queens, NY 11105
Newly built duplex residence with two bedrooms, two baths, and over 2,000 SF, plus rooftop and fitness amenities.
Days on Market106
Property Features for 21-31 Shore Boulevard 1B
General Information
Standard status
Active
Property subtype
Apartment
Building Details
Building Size
2,045 SF
Year Built
2025
Listing Agency:
Daniel Gale of Brooklyn LLC
(516) 650-5339
Listed By:
Jose F Nunez
(516) 650-5339
Source:
Serhant
Added: Apr 17
Changed: Jul 30
Last Checked: Jul 30 at 3:23AM
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 Daniel Gale of Brooklyn LLC
Investment Insights
Based on property information with market context.
Residence 1B at The Aristo is a newly built two-bedroom, two-bath duplex residence designed for house-like living in a multifamily setting. The home features over 2,000 square feet of interior space with an open-concept main level, generous ceiling heights on both levels, and oversized 8-foot interior wood doors. Wide-plank oak flooring and refined contemporary finishes carry throughout.
The chef’s kitchen is anchored by a dramatic square island and includes Italian marble countertops and backsplash, along with premium appliances including a Bertazzoni range and Liebherr refrigerator. The primary suite includes a walk-in closet and an en-suite bath with radiant heated flooring. The second bedroom offers flexibility for guests or an additional home office. Downstairs, the lower level provides a large open-concept space that can be customized into multiple rooms.
Residents also have access to building amenities including a fully equipped fitness center, The Kids Corner playroom, and a common rooftop terrace. The Aristo is positioned on Shore Boulevard directly across from the East River and just moments from Astoria Park, with the N and R subway lines conveniently nearby.
The chef’s kitchen is anchored by a dramatic square island and includes Italian marble countertops and backsplash, along with premium appliances including a Bertazzoni range and Liebherr refrigerator. The primary suite includes a walk-in closet and an en-suite bath with radiant heated flooring. The second bedroom offers flexibility for guests or an additional home office. Downstairs, the lower level provides a large open-concept space that can be customized into multiple rooms.
Residents also have access to building amenities including a fully equipped fitness center, The Kids Corner playroom, and a common rooftop terrace. The Aristo is positioned on Shore Boulevard directly across from the East River and just moments from Astoria Park, with the N and R subway lines conveniently nearby.
Key Highlights
- Residence 1B is a two‑bedroom, two‑bath duplex in The Aristo multifamily building
- Over 2,000 square feet with open‑concept main level and generous ceiling heights
- Oversized 8‑foot interior wood doors and wide‑plank oak flooring
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 | $94.5k | $46.20 |
| − Vacancy | −$3.6k | −$1.76 |
| EGI | $90.9k | $44.44 |
| − OpEx | −$40.9k | −$20.00 |
| NOI | $50.0k | $24.44 |
2,045 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$714.1K
$624.9K – $833.2K
NOI $49,989 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,532 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
Demographics for 11105, NY
38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
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?
Multifamily property - Newly built duplex residence with two bedrooms, two baths, and over 2,000 SF, plus rooftop and fitness amenities.
Where is this multifamily property located?
The property is located at 21-31 Shore Boulevard 1B Queens, NY.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Residence 1B is a two‑bedroom, two‑bath duplex in The Aristo multifamily building; Over 2,000 square feet with open‑concept main level and generous ceiling heights; Oversized 8‑foot interior wood doors and wide‑plank oak flooring
