Two-Family Duplex with
New
For Sale
$1,100,000
Pending
3707 20th Road, Astoria, NY 11105
A finished basement and private driveway complement the two-unit residential layout.
Property Size1,600 SF
Days on Market4
Property Features for 3707 20th Road
General Information
Standard status
Pending
Size
1,600 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,288
Amenities
Finished,Full
Brick
3
No
Yes
4
First Floor Bedroom,First Floor Full Bath,Formal Dining
Finished, Full
Appliances as installed
Public
Detached, Driveway, Garage, Off Street
1600
Building Details
Building Size
1,600 SF
Year Built
1927
Buildings
1
Listing Agency:
(516) 703-2918
Listed By:
Donna Francavilla
Source:
Hedgestonehomes
Added: Oct 29
Last Checked: Oct 29 at 2:42PM
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 Donna Francavilla
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Investment Insights
Based on property information with market context.
Built in 1927, this 1,600-square-foot two-family property has two bedrooms on the main level and two more in the upper unit. Hardwood floors and formal dining areas are noted, along with a finished full basement. The property also includes a private driveway and a detached two-car garage.
Located at 3707 20th Road in Astoria, the property offers a two-unit configuration with four bedrooms across the home.
Located at 3707 20th Road in Astoria, the property offers a two-unit configuration with four bedrooms across the home.
Key Highlights
- Two‑family property with two bedrooms on each level
- 1,600 square feet
- Finished full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,111
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,220
$782.2K
Cap Rate 7%
$558,729
$558.7K
Cap Rate 9%
$434,567
$434.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$73.9K $46.20/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$71.1K $44.44/SF
− OpEx
−$32.0K −$20.00/SF
NOI
$39.1K $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%
$782,220
Cap Rate 7%
$558,729
Cap Rate 9%
$434,567
Alternative Uses
Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K
NOI $39,111 @ 7.0% cap · market cap 3.56%
Second Best
Multifamily LT 5
$378.3K
$331.0K – $441.4K
NOI $26,483 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,568 @ 7.0% cap · market cap 7.51%
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
3,039
Businesses Nearby
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Business Placement
Demographics for 11105, NY
38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
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 - A finished basement and private driveway complement the two-unit residential layout.
Where is this duplex located?
The property is located at 3707 20th Road Astoria, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family property with two bedrooms on each level; 1,600 square feet; Finished full basement
