Duplex with Finished
New
For Sale
$1,698,000
23-41 Corporal Kennedy Street, Bayside, NY 11360
Residential Income, Bayside, NY
Property Size3,265 SF
Lot Size0.05 Acres
Price / SF$520.06
Days on Market3
Property Features for 23-41 Corporal Kennedy Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 6, Basement, Bedroom 7, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2, Dining Room, Bathroom 4
Parking features
Driveway, Garage
Interior features
First Floor Bedroom, Formal Dining
Basement
Full, Finished
Elementary school
Ps 169 Bay Terrace
Middle school
Is 25 Adrien Block
High school
Bayside High School
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 26
Standard status
Active
APN
05893-0015
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
16883
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
full finished basement
private driveway
Building Details
Year built
1975
Number of units
3
Building materials
Brick
Listing Agency:
Prospes Real Estate Corp
(718) 321-2800
Listed By:
Huanyan Li · License #10401267841
(347) 885-8668
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 10 at 2:06AM
MLS# 1060320
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.
Investment Insights
Based on property information with market context.
This legal two-family duplex contains approximately 3,265 square feet of living space. The first floor has two bedrooms and one full bath; the upper levels are described as having three bedrooms and two full baths each. Formal dining rooms and living rooms are part of the layout. A finished basement with a bath, a two-car garage, and a private driveway add usable space and off-street parking. The brick building was constructed in 1975.
The property is near schools, parks, shopping, restaurants, public transportation, and major roadways in Bayside, Queens. Public water and sewer serve the property.
The property is near schools, parks, shopping, restaurants, public transportation, and major roadways in Bayside, Queens. Public water and sewer serve the property.
Key Highlights
- Legal two‑family property with approximately 3,265 SF of living space
- First floor has 2 bedrooms and 1 full bath; upper levels are described as 3 bedrooms and 2 full baths each
- Finished basement includes 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,811
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,220
$1.6M
Cap Rate 7%
$1,140,157
$1.1M
Cap Rate 9%
$886,789
$886.8K
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$150.8K $46.20/SF
− Vacancy
−$5.7K −$1.76/SF
EGI
$145.1K $44.44/SF
− OpEx
−$65.3K −$20.00/SF
NOI
$79.8K $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%
$1,596,220
Cap Rate 7%
$1,140,157
Cap Rate 9%
$886,789
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$997.6K – $1.33M
NOI $79,811 @ 7.0% cap · market cap 4.70%
Second Best
Multifamily LT 5
$772.0K
$675.5K – $900.7K
NOI $54,041 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,490 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
964
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The two-family residence has formal dining rooms, a finished basement, and garage parking.
Where is this duplex located?
The property is located at 23-41 Corporal Kennedy Street Bayside, NY.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Legal two‑family property with approximately 3,265 SF of living space; First floor has 2 bedrooms and 1 full bath; upper levels are described as 3 bedrooms and 2 full baths each; Finished basement includes 1 bath
