Triplex with Four Legal
New
For Sale
$2,275,000
Pending
2169 45th Street 3, Astoria, NY 11105
Three residential units include a duplex, in-unit laundry, and parking for three vehicles.
Property Size3,025 SF
Days on Market2
Property Features for 2169 45th Street 3
General Information
Standard status
Pending
Size
3,025 SF
Total Parking Spaces
3
Property subtype
Residential Income
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR, 1 x 4BR
Multifamily Units
3
Additional Details
Gross Income
$151,800
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,448
Amenities
washer/dryer
split A/C systems
Finished,Full,Walk-Out Access
Hardwood,Laminate,Tile,Wood
5
Yes
7
Eat-in Kitchen,Granite Counters,High Ceilings,In-Law Floorplan,Marble Counters,Natural Woodwork
Finished, Full, Walk-Out Access
No
Public
3
Garage
3025
Building Details
Building Size
3,025 SF
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Oct 31 at 2:16PM
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 Geralda Desir
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Investment Insights
Based on property information with market context.
This 3,025-square-foot triplex contains three residences, including an owner’s duplex, and has four legal kitchens. The duplex spans the first floor and lower level, with a private lower-level entrance and access through the garage. Features across the property include 10-foot ceilings, hardwood flooring, split air-conditioning systems, and washer-dryers in all three apartments. The building’s plumbing and electrical systems have been replaced, and the lower-level drain system has been updated. Two garage spaces and one exterior parking space serve the property.
Located on 45th Street in Astoria, the property is a short walk from Ditmars Boulevard shops, restaurants, and N/W subway service. P.S. 84 is three blocks away, and Astoria Park is a 15-minute walk. Tenants are in place.
Located on 45th Street in Astoria, the property is a short walk from Ditmars Boulevard shops, restaurants, and N/W subway service. P.S. 84 is three blocks away, and Astoria Park is a 15-minute walk. Tenants are in place.
Key Highlights
- Three residential units with four legal kitchens
- 3,025 square feet; built in 1925
- 10‑foot ceilings and split A/C systems throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,944
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,478,880
$1.5M
Cap Rate 7%
$1,056,343
$1.1M
Cap Rate 9%
$821,600
$821.6K
Market Conditions
NOI Build-Up for 3,025 SF
Gross rent
$139.8K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$134.4K $44.44/SF
− OpEx
−$60.5K −$20.00/SF
NOI
$73.9K $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%
$1,478,880
Cap Rate 7%
$1,056,343
Cap Rate 9%
$821,600
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$924.3K – $1.23M
NOI $73,944 @ 7.0% cap · market cap 3.25%
Second Best
Multifamily LT 5
$715.3K
$625.9K – $834.5K
NOI $50,069 @ 7.0% cap · market cap 2.20%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,105 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,380
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include a duplex, in-unit laundry, and parking for three vehicles.
Where is this triplex located?
The property is located at 2169 45th Street 3 Astoria, NY.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Three residential units with four legal kitchens; 3,025 square feet; built in 1925; 10‑foot ceilings and split A/C systems throughout
