Two-Family
For Sale
$2,199,000
Pending
3104 28th Avenue, Astoria, NY 11102
C4-3 zoning accompanies a two-unit residential property in Astoria.
Property Size3,000 SF
Lot Size0.04 Acres
Days on Market13
Property Features for 3104 28th Avenue
General Information
Standard status
Pending
Size
3,000 SF
Lot size
0.04 Acres
Property subtype
Residential Income
Zoning
C4-3
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,292
Amenities
4
No
6
First Floor Bedroom
Public
Driveway, Garage
3000
Building Details
Building Size
3,000 SF
Year Built
1965
Listing Agency:
Voro LLC
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 20
Changed: Oct 30
Last Checked: Oct 31 at 7:12AM
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 Voro LLC
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Investment Insights
Based on property information with market context.
This two-family residential property contains 3,000 square feet and sits on a 25-by-68-foot lot. Built in 1965, it includes a driveway and garage, with public water service. C4-3 zoning applies to the property.
The property is located in Astoria, Queens, at 3104 28th Avenue. Neighborhood amenities, transportation, shopping, and dining are identified in the surrounding area.
The property is located in Astoria, Queens, at 3104 28th Avenue. Neighborhood amenities, transportation, shopping, and dining are identified in the surrounding area.
Key Highlights
- Two‑family property on a 25' x 68' lot
- 3,000 square feet of property area
- C4‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,333
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
$1.5M
Cap Rate 7%
$1,047,614
$1.0M
Cap Rate 9%
$814,811
$814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $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%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 3.33%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K
NOI $49,655 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,814 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,586
Businesses Nearby
Explore this area
Business Placement
Demographics for 11102, NY
37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
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 - C4-3 zoning accompanies a two-unit residential property in Astoria.
Where is this duplex located?
The property is located at 3104 28th Avenue Astoria, NY.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Two‑family property on a 25' x 68' lot; 3,000 square feet of property area; C4‑3 zoning
