Brick Two-Family
For Sale
$1,600,000
2925 200th St, Bayside, NY 11360
Legal two-unit residence includes an unfinished basement, private driveway, and separately metered utilities.
Property Size3,040 SF
Lot Size0.06 Acres
Price / SF$526.32
Days on Market54
Property Features for 2925 200th St
General Information
Standard status
Active
Size
3,040 SF
Lot size
0.06 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$12,081
Building Details
Buildings
1
Construction
solid-brick
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Ramanjit Dhanoa
(914) 438-8840
Source:
Exprealty
Added: Sep 3
Changed: Oct 11
Last Checked: Oct 24 at 10:31PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This legal two-family, solid-brick property at 2925 200th St in Bayside includes approximately 3,040 square feet of living space. The layout comprises two residential units, each with three bedrooms and two bathrooms, along with a full unfinished basement that provides storage space. A private driveway, separate gas and electric meters, and approximately 2,600 square feet of land are also included.
The property is situated in the Bayside/Auburndale section of Queens, near neighborhood shopping, dining, transportation, and major roadways. Its two-unit configuration and existing physical features support a range of residential ownership and occupancy arrangements, subject to independent verification of legal use, zoning, and any alterations or improvements.
The property is situated in the Bayside/Auburndale section of Queens, near neighborhood shopping, dining, transportation, and major roadways. Its two-unit configuration and existing physical features support a range of residential ownership and occupancy arrangements, subject to independent verification of legal use, zoning, and any alterations or improvements.
Key Highlights
- Legal two‑family property with two residential units
- Approximately 3,040 square feet of living space
- Each unit includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,311
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,220
$1.5M
Cap Rate 7%
$1,061,586
$1.1M
Cap Rate 9%
$825,678
$825.7K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$140.4K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$135.1K $44.44/SF
− OpEx
−$60.8K −$20.00/SF
NOI
$74.3K $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%
$1,486,220
Cap Rate 7%
$1,061,586
Cap Rate 9%
$825,678
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$928.9K – $1.24M
NOI $74,311 @ 7.0% cap · market cap 4.64%
Second Best
Multifamily LT 5
$718.8K
$629.0K – $838.6K
NOI $50,317 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,879 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,306
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-unit residence includes an unfinished basement, private driveway, and separately metered utilities.
Where is this duplex located?
The property is located at 2925 200th St Bayside, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Legal two‑family property with two residential units; Approximately 3,040 square feet of living space; Each unit includes 3 bedrooms and 2 bathrooms
