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Renovated Legal Two-Family Home
For Sale
$1,699,900
Pending

215-34 40th Ave, Queens, NY 11361

Renovated detached two-family brick home with separate systems and utilities on a private driveway and one-car indoor garage.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market50

Property Features for 215-34 40th Ave

General Information

Standard status Pending
Lot size 0.09 Acres
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1965
Stories 2
Tenancy Multi
Listing Agency: Keller Williams Realty Landmark
Listed By: King Hong Chin
Source: Elliman
Added: Jun 17 Changed: Jul 10 Last Checked: Aug 4 at 5:45AM

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 Keller Williams Realty Landmark

Investment Insights

Based on property information with market context.

This renovated legal detached brick two-family home was built in 1965 and sits on a generous 40x100 lot. The building is approximately 21 by 55 and features two separate heating units and separate utility meters. The first floor includes a living room, dining room, modern open kitchen, three bedrooms, and two bathrooms. The second floor includes three bedrooms, two bathrooms, a living/dining room, and an eat-in kitchen. A walk-in basement with a separate entrance adds flexibility for storage or additional access. There is also a one-car indoor garage with a private driveway.

The property is located in Bayside near Bell Boulevard and is described as being near Northern Boulevard. Public remarks note proximity to a top-rated School District 26 and access to the Bell Boulevard shopping and dining district. Transit in the area includes a nearby LIRR station, with public remarks referencing approximately 30-minute access to Manhattan.

For buyers seeking a ready-to-rent structure or a live-plus-rental setup, the home’s two separate units, individual utilities, and separate heating systems support independent occupancy. The private driveway and one-car indoor garage can be a practical asset for tenants or multi-generational arrangements, while the separate basement entrance may help streamline day-to-day use.

Key Highlights

  • Legal detached brick two‑family home built in 1965 on a 40x100 lot
  • Separate heating units and separate utility meters for each floor/unit
  • First floor layout: living room, dining room, modern open kitchen, 3 bedrooms, and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Accounting Firm Garden Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,464
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated detached two-family brick home with separate systems and utilities on a private driveway and one-car indoor garage.
Where is this duplex located?
The property is located at 215-34 40th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Legal detached brick two‑family home built in 1965 on a 40x100 lot; Separate heating units and separate utility meters for each floor/unit; First floor layout: living room, dining room, modern open kitchen, 3 bedrooms, and 2 bathrooms
More about this property
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