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Three-Family Home with Backyard
New
For Sale
$1,150,000

3233 58th Street, Woodside, NY 11377

The residence offers six bedrooms and three bathrooms across a three-family configuration.

Property Size2,310 SF
Days on Market6

Property Features for 3233 58th Street

General Information

Standard status Active
Size 2,310 SF
Property subtype Triplex

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,096

Amenities

backyard

Building Details

Building Size 2,310 SF
Year Built 1945
Buildings 1
Listing Agency: Signature Premier Properties
Listed By: Andrea H. Greenberg
Source: Serhant
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 5:29PM

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 Signature Premier Properties

Investment Insights

Based on property information with market context.

This attached three-family residence in Woodside, Queens, was built in 1945 and includes six bedrooms, three bathrooms and a backyard. Its triplex configuration provides the property’s defining residential layout.

Transit options include the 7 train at 61st Street, Long Island Rail Road service at Woodside, and Q18, Q32 and Q60 bus routes. Shopping, restaurants and other neighborhood amenities are also nearby. The adjacent three-family home at 3231 58th Street is available for purchase separately or together with this property.

Key Highlights

  • Three‑family triplex with six bedrooms and three bathrooms
  • Backyard included
  • Built in 1945

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,467
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,340 $1.1M
Cap Rate 7%
$806,671 $806.7K
Cap Rate 9%
$627,411 $627.4K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$106.7K $46.20/SF
− Vacancy
−$4.1K −$1.76/SF
EGI
$102.7K $44.44/SF
− OpEx
−$46.2K −$20.00/SF
NOI
$56.5K $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%
$1,129,340
Cap Rate 7%
$806,671
Cap Rate 9%
$627,411

Alternative Uses

Best Use
Apartment 5plus
$806.7K
$705.8K – $941.1K (±1% cap)
NOI $56,467 @ 7.0% cap · market cap 4.91%
Second Best
Multifamily LT 5
$546.2K
$477.9K – $637.2K (±1% cap)
NOI $38,234 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,207 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel Nursing Home Daycare Center Garden Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,766
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?
Triplex - The residence offers six bedrooms and three bathrooms across a three-family configuration.
Where is this triplex located?
The property is located at 3233 58th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three‑family triplex with six bedrooms and three bathrooms; Backyard included; Built in 1945
More about this property
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