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Duplex with One-Car Garage
New
For Sale
$1,598,999
Pending

3083 49th Street, Astoria, NY 11103

Two units are scheduled for vacancy, with outdoor space and access to nearby transportation, shopping, and restaurants.

Property Size3,034 SF
Days on Market2

Property Features for 3083 49th Street

General Information

Standard status Pending
Size 3,034 SF
Total Parking Spaces 1
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,989

Amenities

outdoor space
No
Other
Public
Driveway
3034

Building Details

Building Size 3,034 SF
Year Built 1957
Listing Agency:
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 31 Last Checked: Oct 31 at 2:18PM

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 Geralda Desir

Rey
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Investment Insights

Based on property information with market context.

This 3,034-square-foot duplex was built in 1957 and includes a one-car garage and outdoor space. Units #1 and #2 will be delivered vacant.

At 3083 49th Street in Astoria, the property is near transportation, shopping, restaurants, and local amenities.

Key Highlights

  • 3,034‑square‑foot duplex built in 1957
  • Units #1 and #2 will be delivered vacant
  • One‑car garage and outdoor space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,164
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,483,280 $1.5M
Cap Rate 7%
$1,059,486 $1.1M
Cap Rate 9%
$824,044 $824.0K
Market Conditions
NOI Build-Up for 3,034 SF
Gross rent
$140.2K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$134.8K $44.44/SF
− OpEx
−$60.7K −$20.00/SF
NOI
$74.2K $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%
$1,483,280
Cap Rate 7%
$1,059,486
Cap Rate 9%
$824,044

Alternative Uses

Best Use
Apartment 5plus
$1.06M
$927.1K – $1.24M (±1% cap)
NOI $74,164 @ 7.0% cap · market cap 4.64%
Second Best
Multifamily LT 5
$717.4K
$627.7K – $837.0K (±1% cap)
NOI $50,218 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,569 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,437
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
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

Frequently Asked Questions

What type of property is this?
Duplex - Two units are scheduled for vacancy, with outdoor space and access to nearby transportation, shopping, and restaurants.
Where is this duplex located?
The property is located at 3083 49th Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,598,999.
What are key features of this property?
This property features: 3,034‑square‑foot duplex built in 1957; Units #1 and #2 will be delivered vacant; One‑car garage and outdoor space
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