Vacant Two-Unit
For Sale
$1,300,000
33-28 14th Street, Astoria, NY 11106
Residential, Duplex, Astoria, NY
Property Size2,262 SF
Lot Size0.03 Acres
Price / SF$574.71
Days on Market47
Property Features for 33-28 14th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Interior features
Refrigerator, Stove
Subdivision
Long Island City
Standard status
Active
Size
2,262 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6837
Building Details
Year built
1996
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Added: Aug 27
Changed: Oct 10
Last Checked: Oct 12 at 3:06AM
MLS# 504107
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,262-square-foot brick duplex, built in 1996, contains two residential units and will be delivered vacant. The larger unit occupies the first and second floors, with a living room, half bathroom, open kitchen and dining area below, plus three bedrooms and a full bathroom upstairs. The third-floor unit includes two bedrooms, a full bathroom, living room, dining area, and kitchen. Interior finishes include tile and hardwood flooring, with a flat roof and refrigerators and stoves included.
The property is located at 33-28 14th Street in Astoria, Queens, within the 11106 postal area. R6 zoning supports its residential classification. The vacant delivery provides flexibility for owner occupancy, extended-family use, or rental arrangements, as supported by the existing two-unit configuration.
The property is located at 33-28 14th Street in Astoria, Queens, within the 11106 postal area. R6 zoning supports its residential classification. The vacant delivery provides flexibility for owner occupancy, extended-family use, or rental arrangements, as supported by the existing two-unit configuration.
Key Highlights
- Two‑unit duplex delivered vacant
- 2,262 square feet on a 0.0288‑acre lot
- Five‑bedroom layout across two residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,293
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,860
$1.1M
Cap Rate 7%
$789,900
$789.9K
Cap Rate 9%
$614,367
$614.4K
Market Conditions
NOI Build-Up for 2,262 SF
Gross rent
$104.5K $46.20/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$100.5K $44.44/SF
− OpEx
−$45.2K −$20.00/SF
NOI
$55.3K $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%
$1,105,860
Cap Rate 7%
$789,900
Cap Rate 9%
$614,367
Alternative Uses
Best Use
Apartment 5plus
$789.9K
$691.2K – $921.6K
NOI $55,293 @ 7.0% cap · market cap 4.25%
Second Best
Multifamily LT 5
$534.9K
$468.0K – $624.0K
NOI $37,440 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,730 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,334
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex delivered vacant with two kitchens, separate living areas, and flexible residential use.
Where is this duplex located?
The property is located at 33-28 14th Street Astoria, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑unit duplex delivered vacant; 2,262 square feet on a 0.0288‑acre lot; Five‑bedroom layout across two residential units
