Two-Family Duplex with Outdoor
New
For Sale
$1,599,000
25-30 36th Avenue, Astoria, NY 11106
Separate one- and three-bedroom residences offer flexibility for household use or rental occupancy.
Property Size1,995 SF
Price / SF$801.50
Days on Market6
Property Features for 25-30 36th Avenue
General Information
Standard status
Active
Size
1,995 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,473
Amenities
private courtyard
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Entrance Foyer
Formal Dining
Courtyard
Building Details
Building Size
1,995 SF
Year Built
1940
Buildings
1
Stories
3
Units
2
Listing Agency:
BERKSHIRE HATHAWAY
Listed By:
Lisa Cerreta
(516) 305-1466
Source:
Georgemcknight
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 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 BERKSHIRE HATHAWAY
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Investment Insights
Based on property information with market context.
This Astoria duplex is configured as two residences. The first-floor apartment has one bedroom, an updated kitchen, a full bathroom, a living room, and an alcove suited to office use. Above, the second- and third-floor duplex includes three bedrooms, one bathroom, an updated kitchen, a dining room, and a living room. A private courtyard connects with the backyard, and the driveway provides off-street parking for one car. The property was built in 1940.
Neighborhood shops, restaurants, parks, and public transportation are within walking distance. The location also provides access to Manhattan, with local recreation and daily services nearby.
Neighborhood shops, restaurants, parks, and public transportation are within walking distance. The location also provides access to Manhattan, with local recreation and daily services nearby.
Key Highlights
- Two‑residence layout: one‑bedroom first‑floor apartment and three‑bedroom upper‑level duplex
- Upper residence spans the second and third floors
- Private courtyard, backyard, and driveway parking for one car
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,767
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,340
$975.3K
Cap Rate 7%
$696,671
$696.7K
Cap Rate 9%
$541,856
$541.9K
Market Conditions
NOI Build-Up for 1,995 SF
Gross rent
$92.2K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$88.7K $44.44/SF
− OpEx
−$39.9K −$20.00/SF
NOI
$48.8K $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%
$975,340
Cap Rate 7%
$696,671
Cap Rate 9%
$541,856
Alternative Uses
Best Use
Apartment 5plus
$696.7K
$609.6K – $812.8K
NOI $48,767 @ 7.0% cap · market cap 3.05%
Second Best
Multifamily LT 5
$471.7K
$412.8K – $550.3K
NOI $33,020 @ 7.0% cap · market cap 2.07%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $102,952 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 11106, NY
41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and three-bedroom residences offer flexibility for household use or rental occupancy.
Where is this duplex located?
The property is located at 25-30 36th Avenue Astoria, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two‑residence layout: one‑bedroom first‑floor apartment and three‑bedroom upper‑level duplex; Upper residence spans the second and third floors; Private courtyard, backyard, and driveway parking for one car
