Brick Duplex With Guest
For Sale
$1,688,000
30-17 Francis Lewis Boulevard, Flushing, NY 11358
Renovated living areas include a separate-entry guest suite with its own kitchenette and dining space.
Property Size2,698 SF
Price / SF$625.65
Days on Market48
Property Features for 30-17 Francis Lewis Boulevard
General Information
Standard status
Active
Size
2,698 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,805
Amenities
terrace
fully fenced back yard
covered patio
washer/dryer hook up
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Quartz/Quartzite Counters
Building Details
Building Size
2,698 SF
Year Built
1963
Buildings
1
Units
2
Construction
brick
Listed By:
Gail Leone
(914) 723-8228
Source:
Clairedleone
Added: Sep 8
Changed: Oct 23
Last Checked: Oct 23 at 4:36PM
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 Gail Leone
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Investment Insights
Based on property information with market context.
This 2,698-square-foot attached brick duplex, built in 1963, has been renovated and will be vacant at closing. The upper levels include two-bedroom layouts, updated kitchens and porcelain bathrooms, and refinished hardwood flooring; the third floor also has marble flooring in the kitchen. A separate-entry guest suite on the main level offers a bedroom, living room, kitchenette, dining area, and bathroom. A terrace, covered patio, fenced backyard, and attached one-car garage with driveway round out the property. Washer and dryer hookups are available.
The Auburndale LIRR station is approximately half a mile away, and Q76 and Q28 express bus stops are across the street. The property is described as convertible to three units.
The Auburndale LIRR station is approximately half a mile away, and Q76 and Q28 express bus stops are across the street. The property is described as convertible to three units.
Key Highlights
- 2,698 square feet; built in 1963
- Renovated attached brick duplex, delivered vacant at closing
- Main‑floor guest suite with private entrance, bedroom, living room, kitchenette, dining area, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,951
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,020
$1.3M
Cap Rate 7%
$942,157
$942.2K
Cap Rate 9%
$732,789
$732.8K
Market Conditions
NOI Build-Up for 2,698 SF
Gross rent
$124.6K $46.20/SF
− Vacancy
−$4.7K −$1.76/SF
EGI
$119.9K $44.44/SF
− OpEx
−$54.0K −$20.00/SF
NOI
$66.0K $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%
$1,319,020
Cap Rate 7%
$942,157
Cap Rate 9%
$732,789
Alternative Uses
Best Use
Apartment 5plus
$942.2K
$824.4K – $1.10M
NOI $65,951 @ 7.0% cap · market cap 3.91%
Second Best
Multifamily LT 5
$637.9K
$558.2K – $744.3K
NOI $44,656 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,230 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Renovated living areas include a separate-entry guest suite with its own kitchenette and dining space.
Where is this duplex located?
The property is located at 30-17 Francis Lewis Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $1,688,000.
What are key features of this property?
This property features: 2,698 square feet; built in 1963; Renovated attached brick duplex, delivered vacant at closing; Main‑floor guest suite with private entrance, bedroom, living room, kitchenette, dining area, and bathroom
