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Renovated Duplex with Garage
For Sale
$1,558,000

3039 69th Street, Woodside, NY 11377

Two separate apartments, a renovated ground-floor level, and private outdoor areas provide flexible residential space.

Property Size2,365 SF
Days on Market26

Property Features for 3039 69th Street

General Information

Standard status Active
Size 2,365 SF
Total Parking Spaces 1
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Unit Mix 2 x 3BR/1BA

Taxes and HOA fees

Annual Taxes $11,340

Amenities

landscaped backyard
second-floor deck

Building Details

Building Size 2,365 SF
Year Built 1960
Listing Agency: Winzone Realty Inc
Listed By: Marisol M. Sesjak
Source: Serhant
Added: Sep 10 Changed: Oct 1 Last Checked: Oct 4 at 1:44PM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

This duplex includes two separate 3-bedroom, 1-bathroom apartments, each with a living room and dining area. The ground-floor level has been fully renovated with a flexible multi-room layout, a full bathroom, and direct backyard access. Renovated kitchens, updated flooring, a 1-car garage, and a private driveway add practical functionality. East and west exposures bring natural light into the apartments.

Outdoor features include a paved backyard with perimeter gardens and hedges, along with a second-floor deck connected to the backyard by stairs. The property is in Woodside, with access to restaurants, cafes, shopping, parks, and everyday amenities. The BQE and multiple public transportation options provide connections throughout Queens and to Manhattan. Delivery vacant offers flexibility for the next owner.

Key Highlights

  • Two separate 3‑bedroom, 1‑bathroom apartments
  • Fully renovated ground‑floor level with flexible multi‑room layout and full bath
  • Renovated kitchens and updated flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,811
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,220 $1.2M
Cap Rate 7%
$825,871 $825.9K
Cap Rate 9%
$642,344 $642.3K
Market Conditions
NOI Build-Up for 2,365 SF
Gross rent
$109.3K $46.20/SF
− Vacancy
−$4.2K −$1.76/SF
EGI
$105.1K $44.44/SF
− OpEx
−$47.3K −$20.00/SF
NOI
$57.8K $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%
$1,156,220
Cap Rate 7%
$825,871
Cap Rate 9%
$642,344

Alternative Uses

Best Use
Apartment 5plus
$825.9K
$722.6K – $963.5K (±1% cap)
NOI $57,811 @ 7.0% cap · market cap 3.71%
Second Best
Multifamily LT 5
$559.2K
$489.3K – $652.4K (±1% cap)
NOI $39,145 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M (±1% cap)
NOI $122,045 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Gym & Fitness Center Nursing Home Hotel & Motel Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,672
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments, a renovated ground-floor level, and private outdoor areas provide flexible residential space.
Where is this duplex located?
The property is located at 3039 69th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,558,000.
What are key features of this property?
This property features: Two separate 3‑bedroom, 1‑bathroom apartments; Fully renovated ground‑floor level with flexible multi‑room layout and full bath; Renovated kitchens and updated flooring
More about this property
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