Renovated Two-Family
For Sale
$1,495,000
32-73 30TH Street, Queens, NY 11106
Two one-bedroom residences feature separate kitchens, hardwood floors, dishwashers, and private outdoor areas.
Property Size1,760 SF
Lot Size0.06 Acres
Price / SF$849.43
Days on Market50
Property Features for 32-73 30TH Street
General Information
Standard status
Active
Size
1,760 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,136
Amenities
dishwasher
private outdoor space
Building Details
Building Size
1,760 SF
Year Built
1901
Buildings
1
Stories
2
Listing Agency:
City Sphere
Listed By:
Nikolay Afanasyev
(646) 239-6330
Source:
Howardhannanyc
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 27 at 1:26AM
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 City Sphere
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Investment Insights
Based on property information with market context.
This renovated two-story duplex was built in 1901 on a 25-by-100-foot lot and contains approximately 1,760 square feet of building area. The layout includes two separate one-bedroom, one-bath residences, each with its own kitchen, dishwasher, hardwood flooring, and private outdoor space. A full basement provides additional usable area.
The property is located at 32-73 30th Street in Astoria, just off Broadway. Neighborhood shops, restaurants, and daily conveniences are nearby, while the Broadway N and W subway station is approximately 0.14 miles away. Additional transportation options are also in the surrounding area.
Approximately 2,000 additional buildable square feet may be available, subject to independent verification by the buyer and their architect. Measurements, zoning, permitted uses, and buildable area should be independently verified.
The property is located at 32-73 30th Street in Astoria, just off Broadway. Neighborhood shops, restaurants, and daily conveniences are nearby, while the Broadway N and W subway station is approximately 0.14 miles away. Additional transportation options are also in the surrounding area.
Approximately 2,000 additional buildable square feet may be available, subject to independent verification by the buyer and their architect. Measurements, zoning, permitted uses, and buildable area should be independently verified.
Key Highlights
- Two‑story duplex built in 1901
- Approximately 1,760 square feet of building area on a 25‑by‑100‑foot lot
- Two one‑bedroom, one‑bath residences with separate kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,022
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,440
$860.4K
Cap Rate 7%
$614,600
$614.6K
Cap Rate 9%
$478,022
$478.0K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$81.3K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$78.2K $44.44/SF
− OpEx
−$35.2K −$20.00/SF
NOI
$43.0K $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%
$860,440
Cap Rate 7%
$614,600
Cap Rate 9%
$478,022
Alternative Uses
Best Use
Apartment 5plus
$614.6K
$537.8K – $717.0K
NOI $43,022 @ 7.0% cap · market cap 2.88%
Second Best
Multifamily LT 5
$416.2K
$364.1K – $485.5K
NOI $29,131 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,824 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,065
Businesses Nearby
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Business Placement
Demographics for 11106, NY
41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences feature separate kitchens, hardwood floors, dishwashers, and private outdoor areas.
Where is this duplex located?
The property is located at 32-73 30TH Street Queens, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two‑story duplex built in 1901; Approximately 1,760 square feet of building area on a 25‑by‑100‑foot lot; Two one‑bedroom, one‑bath residences with separate kitchens
