Renovated Duplex with
For Sale
$1,300,000
3033 93rd Street East, Elmhurst, NY 11369
Two-bedroom units share a full basement, while the upper residence includes a kitchen-access balcony.
Property Size1,656 SF
Days on Market243
Property Features for 3033 93rd Street East
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Duplex
Site & Location
Road Access
Yes
Public Transit
Yes
Amenities
basement
balcony
Natural Gas
Deck, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building Details
Building Size
1,656 SF
Year Built
1930
Listed By:
Mariana Basantes · License #10401374214
(347) 258-0946
Source:
Kw
Added: Feb 17
Changed: Oct 16
Last Checked: Oct 16 at 8:14AM
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 Mariana Basantes
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Investment Insights
Based on property information with market context.
This renovated duplex is positioned on a corner lot and includes an attached brick garage. Each residence contains two bedrooms. The first-floor unit has two bathrooms, including one connected to the main bedroom, while the second-floor unit opens from its kitchen to a balcony.
A full basement extends across the building footprint and has a separate entrance, providing flexible space for storage, a home office, exercise, or gatherings. Connected utilities include electricity, natural gas, sewer, and water. Built in 1930, the property is located at 3033 93rd Street, East, in Elmhurst, NY 11369, with five bus lanes nearby, two schools within six blocks, and Astoria Blvd two blocks away. Stores and eateries are also within minutes.
A full basement extends across the building footprint and has a separate entrance, providing flexible space for storage, a home office, exercise, or gatherings. Connected utilities include electricity, natural gas, sewer, and water. Built in 1930, the property is located at 3033 93rd Street, East, in Elmhurst, NY 11369, with five bus lanes nearby, two schools within six blocks, and Astoria Blvd two blocks away. Stores and eateries are also within minutes.
Key Highlights
- Renovated duplex on a corner lot with an attached brick garage
- Two units, each with 2 bedrooms
- First‑floor unit includes 2 bathrooms, with 1 connected to the main bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,480
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,600
$809.6K
Cap Rate 7%
$578,286
$578.3K
Cap Rate 9%
$449,778
$449.8K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$76.5K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$73.6K $44.44/SF
− OpEx
−$33.1K −$20.00/SF
NOI
$40.5K $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%
$809,600
Cap Rate 7%
$578,286
Cap Rate 9%
$449,778
Alternative Uses
Best Use
Apartment 5plus
$578.3K
$506.0K – $674.7K
NOI $40,480 @ 7.0% cap · market cap 3.11%
Second Best
Multifamily LT 5
$391.6K
$342.6K – $456.8K
NOI $27,409 @ 7.0% cap · market cap 2.11%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,458 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,864
Businesses Nearby
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Business Placement
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
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 - Two-bedroom units share a full basement, while the upper residence includes a kitchen-access balcony.
Where is this duplex located?
The property is located at 3033 93rd Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Renovated duplex on a corner lot with an attached brick garage; Two units, each with 2 bedrooms; First‑floor unit includes 2 bathrooms, with 1 connected to the main bedroom
