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Two-Unit Duplex with Garage
For Sale
$1,598,888

39-25 50th Street, Woodside, NY 11377

Separate three- and two-bedroom apartments pair updated kitchens and bathrooms with finished lower-level space.

Property Size1,882 SF
Price / SF$849.57
Days on Market47

Property Features for 39-25 50th Street

General Information

Standard status Active
Size 1,882 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,345

Amenities

First Floor Bedroom
Eat-in Kitchen
Entrance Foyer

Building Details

Building Size 1,882 SF
Year Built 1935
Buildings 1
Units 2
Listing Agency: Keller Williams Rlty Landmark
Listed By: Timothy Ho SRES · License #10301208846
Source: Clairedleone
Added: Sep 8 Changed: Oct 23 Last Checked: Oct 23 at 5:35PM

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 Keller Williams Rlty Landmark

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Investment Insights

Based on property information with market context.

This 1,882-square-foot duplex, built in 1935, contains a three-bedroom apartment above a two-bedroom apartment. Both units have updated eat-in kitchens with stainless steel appliances and renovated bathrooms. The fully finished basement adds storage and flexible bonus space, while a two-car garage and driveway provide on-site parking.

The property is in Woodside near Sunnyside Gardens, with shopping, restaurants, parks, and the 7 train nearby. The stated commute to Manhattan is approximately 15 minutes.

Key Highlights

  • 1,882‑square‑foot duplex with a three‑bedroom unit over a two‑bedroom unit
  • Updated eat‑in kitchens with stainless steel appliances in both apartments
  • Renovated bathrooms in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,004
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,080 $920.1K
Cap Rate 7%
$657,200 $657.2K
Cap Rate 9%
$511,156 $511.2K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$86.9K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$83.6K $44.44/SF
− OpEx
−$37.6K −$20.00/SF
NOI
$46.0K $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%
$920,080
Cap Rate 7%
$657,200
Cap Rate 9%
$511,156

Alternative Uses

Best Use
Apartment 5plus
$657.2K
$575.1K – $766.7K (±1% cap)
NOI $46,004 @ 7.0% cap · market cap 2.88%
Second Best
Multifamily LT 5
$445.0K
$389.4K – $519.2K (±1% cap)
NOI $31,150 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,120 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,536
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

Frequently Asked Questions

What type of property is this?
Duplex - Separate three- and two-bedroom apartments pair updated kitchens and bathrooms with finished lower-level space.
Where is this duplex located?
The property is located at 39-25 50th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,598,888.
What are key features of this property?
This property features: 1,882‑square‑foot duplex with a three‑bedroom unit over a two‑bedroom unit; Updated eat‑in kitchens with stainless steel appliances in both apartments; Renovated bathrooms in both units
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