Turn-Key Legal Two-Family
2353 37th Street Astoria, NY 11105
2353 37th Street, Astoria, NY, 11105
$1,200,000
Pending
For Sale
$1,200,000
Pending
MULTI_FAMILY - Astoria, NY
Property Size2,003 SF
Lot Size0.06 Acres
Days on Market139
Property Features for 2353 37th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Granite Counters
- Standard status
- Pending
- APN
- 00804-0013
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7846
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Frame
Listing Agency
R New York
(212) 688-1000
641 Lexington Ave , Ste 2202, New York, NY
Listed by
I Hsin Teng
(929) 204-6681
Added: Feb 28 Checked: Jul 17 at 10:06 pm
MLS# 965874
Listing URL
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 turn-key, fully detached legal two-family residence has been gut renovated and legally extended in 2012, and is described as meticulously maintained throughout. The property sits on a 25' x 100' lot and has building dimensions of approximately 20' x 61'. Interior living space is approximately 2,003 SF.
Located in Astoria in Queens County, the home is offered for sale at 2353 37th Street (11105). It is positioned as a complete, ready-to-occupy multifamily option, with the legal two-family configuration intended to support either an owner-occupant plan or a rental-focused ownership structure.
For buyers seeking an owner-occupied setup, the legal two-family layout can accommodate multi-generational living or help offset expenses through the second unit. For investors, the turnkey condition and documented renovation/extension provide a straightforward path to purchasing a detached multifamily property designed to be rented as two separate units.
Located in Astoria in Queens County, the home is offered for sale at 2353 37th Street (11105). It is positioned as a complete, ready-to-occupy multifamily option, with the legal two-family configuration intended to support either an owner-occupant plan or a rental-focused ownership structure.
For buyers seeking an owner-occupied setup, the legal two-family layout can accommodate multi-generational living or help offset expenses through the second unit. For investors, the turnkey condition and documented renovation/extension provide a straightforward path to purchasing a detached multifamily property designed to be rented as two separate units.
Key Highlights
- Legally extended and gut renovated 2‑family home in 2012
- Detached 2‑family residence with approx. 2,003 SF interior living space
- Lot size 25' x 100' and building dimensions 20' x 61'
Local 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 | $92.5k | $46.20 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $89.0k | $44.44 |
| − OpEx | −$40.1k | −$20.00 |
| NOI | $49.0k | $24.44 |
2,003 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$699.5K
$612.0K – $816.0K
NOI $48,962 @ 7.0% cap · market cap 4.08%
Second Best
Multifamily LT 5
$473.6K
$414.4K – $552.6K
NOI $33,153 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,364 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully detached legal two-family residence with gut renovation and a 2012 legal extension for flexible living or rental use.
Where is this duplex located?
The property is located at 2353 37th Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Legally extended and gut renovated 2‑family home in 2012; Detached 2‑family residence with approx. 2,003 SF interior living space; Lot size 25' x 100' and building dimensions 20' x 61'
