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New-Construction Duplex
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38-22 56th Street, New York, NY 11377

Two-family residence with central HVAC, finished outdoor areas, private parking, and flexible living space across multiple levels.

Property SizeContact for details
Days on Market10

Property Features for 38-22 56th Street

General Information

Standard status Active
Property subtype Multifamily, Mixed Use

Additional Details

Public Transit Yes
Multifamily Units 2

Amenities

central HVAC
rooftop deck
laundry room
private driveway

Building Details

Buildings 1
Listing Agency: Compass Commercial - The Horne Team
Listed By: Marc Dimov · License #NY 10311205781
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 24 at 9:19AM

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 Compass Commercial - The Horne Team

Investment Insights

Based on property information with market context.

This newly built duplex provides two separate residential layouts across a multi-level configuration. The first and second floors each contain three bedrooms, two full bathrooms, and open living and kitchen areas with stainless-steel refrigerators, microwaves, and ranges. Each level also includes a primary bedroom with a private bathroom and double closets.

The upper level adds a seventh bedroom, full bathroom, laundry room with washer and dryer hookups, and access to a private rooftop deck. That floor can also function as a separate living or entertainment area. A finished basement offers open recreation space, another full bathroom, a full-size washer and dryer, and direct backyard access. Central HVAC serves the property, which also includes a private driveway and single-car garage. The home is located in Woodside near the Long Island Rail Road, with access to Manhattan and Queens.

Key Highlights

  • Seven‑bedroom, six‑bathroom two‑family home
  • First and second floors each offer 3 bedrooms and 2 full bathrooms
  • Third floor includes an oversized bedroom, full bathroom, laundry room, and private rooftop deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Buffet

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

63,115
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

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?
Duplex - Two-family residence with central HVAC, finished outdoor areas, private parking, and flexible living space across multiple levels.
Where is this duplex located?
The property is located at 38-22 56th Street New York, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Seven‑bedroom, six‑bathroom two‑family home; First and second floors each offer 3 bedrooms and 2 full bathrooms; Third floor includes an oversized bedroom, full bathroom, laundry room, and private rooftop deck
More about this property
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