Triplex with Three Residential
For Sale
$1,280,000
31-31 105 Street, East Elmhurst, NY 11369
Triplex built in 2006 with one-bedroom and two-bedroom units across three levels.
Property Size2,600 SF
Price / SF$492.31
Days on Market260
Property Features for 31-31 105 Street
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Duplex
Building Details
Building Size
2,600 SF
Year Built
2006
Listing Agency:
Winzone Realty Inc
(718) 886-3200
Listed By:
Hai X. Chen
Source:
Cbwarburg
Added: Nov 12, 2025
Changed: Jul 30
Last Checked: Jul 30 at 3:22AM
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 triplex offers three separate residential floors with the following unit mix. The first floor/ground floor/basement level features a one-bedroom layout. The second floor includes two bedrooms and two bathrooms. The third floor also provides two bedrooms and two bathrooms.
The property is located at 31-31 105 Street in East Elmhurst, New York. Built in 2006, the building includes about 2,600 in total property size, providing a multi-level setup suited for an owner-occupant or income-focused use.
The unit configuration supports a clear separation of living spaces by floor, with one-bedroom space on the lower level and two-bedroom, two-bathroom layouts on the second and third floors.
The property is located at 31-31 105 Street in East Elmhurst, New York. Built in 2006, the building includes about 2,600 in total property size, providing a multi-level setup suited for an owner-occupant or income-focused use.
The unit configuration supports a clear separation of living spaces by floor, with one-bedroom space on the lower level and two-bedroom, two-bathroom layouts on the second and third floors.
Key Highlights
- Built in 2006
- Three‑level triplex configuration
- First floor/ground floor/basement: one‑bedroom unit
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.1k | $46.20 |
| − Vacancy | −$4.6k | −$1.76 |
| EGI | $115.6k | $44.44 |
| − OpEx | −$52.0k | −$20.00 |
| NOI | $63.6k | $24.44 |
2,600 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$907.9K
$794.4K – $1.06M
NOI $63,555 @ 7.0% cap · market cap 4.97%
Second Best
Multifamily LT 5
$614.8K
$537.9K – $717.2K
NOI $43,034 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,172 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,065
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 2006 with one-bedroom and two-bedroom units across three levels.
Where is this triplex located?
The property is located at 31-31 105 Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Built in 2006; Three‑level triplex configuration; First floor/ground floor/basement: one‑bedroom unit
