Two-Unit Brick Duplex with Private
35-04 208th Street, Bayside, NY 11361
For Sale
$1,458,800
Two separate residences offer distinct floor plans, with a partially finished basement adding storage and flexible space.
Property Size2,762 SF
Price / SF$528.17
Days on Market24
Property Features for 35-04 208th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
Crown Molding
Eat-in Kitchen
Formal Dining
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
RE/MAX 1st Choice
(516) 888-6000
Listed By:
Po Wei Tair · License #7.51E+13
(917) 406-6026
Source:
Clairedleone
Added: Oct 15
Changed: Nov 6
Last Checked: Nov 7 at 4:22AM
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 RE/MAX 1st Choice
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Investment Insights
Based on property information with market context.
This detached brick duplex contains 2,762 square feet arranged as two full-floor residences. The first-floor unit has three bedrooms, a full bathroom, living and formal dining rooms, and an eat-in kitchen. The upper residence includes two bedrooms, a full bathroom, living and dining rooms, and an eat-in kitchen. Hardwood floors, gas heat, an attached garage, a private driveway, and a cross-fenced yard serve the property. A partially finished basement has a half bathroom, storage, and a separate entrance.
The property is near Crocheron Park and the Little Neck Bay waterfront, Bell Boulevard’s shops and restaurants, and Bay Terrace Shopping Center. Local bus routes include Q13 and Q28; QM2, QM20, and QM32 provide express service to Manhattan. The Bayside LIRR station, Northern Boulevard, and the Cross Island Parkway are also nearby. The property is zoned for District 26 schools and was built in 1955.
The property is near Crocheron Park and the Little Neck Bay waterfront, Bell Boulevard’s shops and restaurants, and Bay Terrace Shopping Center. Local bus routes include Q13 and Q28; QM2, QM20, and QM32 provide express service to Manhattan. The Bayside LIRR station, Northern Boulevard, and the Cross Island Parkway are also nearby. The property is zoned for District 26 schools and was built in 1955.
Key Highlights
- Detached brick duplex with 2,762 square feet across two full‑floor residences
- First‑floor residence: 3 bedrooms; upper residence: 2 bedrooms
- Partially finished basement includes a half bathroom, storage, and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,515
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,300
$1.4M
Cap Rate 7%
$964,500
$964.5K
Cap Rate 9%
$750,167
$750.2K
Market Conditions
NOI Build-Up for 2,762 SF
Gross rent
$127.6K $46.20/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$122.8K $44.44/SF
− OpEx
−$55.2K −$20.00/SF
NOI
$67.5K $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%
$1,350,300
Cap Rate 7%
$964,500
Cap Rate 9%
$750,167
Alternative Uses
Best Use
Apartment 5plus
$964.5K
$843.9K – $1.13M
NOI $67,515 @ 7.0% cap · market cap 4.63%
Second Best
Multifamily LT 5
$653.1K
$571.5K – $761.9K
NOI $45,716 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,532 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Explore this area
Business Placement
Demographics for 11361, NY
29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
Median Home Value
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Market
Properties on Market for Duplexes in Bayside
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct floor plans, with a partially finished basement adding storage and flexible space.
Where is this duplex located?
The property is located at 35-04 208th Street Bayside, NY.
What is the asking price?
The asking price for this property is $1,458,800.
What are key features of this property?
This property features: Detached brick duplex with 2,762 square feet across two full‑floor residences; First‑floor residence: 3 bedrooms; upper residence: 2 bedrooms; Partially finished basement includes a half bathroom, storage, and separate entrance
