Two-Family Duplex with
New
For Sale
$1,849,000
39-43 57th Street, Woodside, NY 11377
Two separate residences offer multiple bedrooms, private outdoor space, and independently controlled electric systems.
Property Size2,486 SF
Lot Size0.06 Acres
Price / SF$743.77
Days on Market2
Property Features for 39-43 57th Street
General Information
Standard status
Active
Size
2,486 SF
Lot size
0.06 Acres
Property subtype
Manufactured On Land
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 4BR/3BA, 1 x 3BR/2BA
Multifamily Units
2
Individually Metered Utilities
electricity
Taxes and HOA fees
Annual Taxes
$1,712
Amenities
washer/dryer
balcony
Building Details
Building Size
2,486 SF
Year Built
2026
Buildings
1
Listing Agency:
Wagner & Kelly Inc
Listed By:
MD A. Hoque · License #10301219933
(917) 561-9563
Source:
Serhant
Added: Oct 23
Last Checked: Oct 23 at 6:06PM
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 Wagner & Kelly Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this two-family duplex contains 2,486 square feet of living area on a 25-by-100-foot lot, with a 20-by-55-foot building footprint. The second-floor residence has three bedrooms, two full bathrooms, living and dining areas, a kitchen, two balconies, and an in-unit washer and dryer. The first-floor duplex includes four bedrooms, three full bathrooms, living and dining areas, a kitchen, a rear balcony, and a stackable washer and dryer. A full basement has high ceilings, bathrooms, and separate entrances; its use is subject to applicable permissions.
The property is all-electric, with four electric meters and separately controlled heating, cooling, and hot water systems. It is near the No. 7 subway, LIRR, supermarkets, schools, restaurants, shopping, and places of worship, with access to Midtown Manhattan.
The property is all-electric, with four electric meters and separately controlled heating, cooling, and hot water systems. It is near the No. 7 subway, LIRR, supermarkets, schools, restaurants, shopping, and places of worship, with access to Midtown Manhattan.
Key Highlights
- Two‑family residence with 2,486 sq ft of living area
- 25' x 100' lot and 20' x 55' building footprint
- Second‑floor unit: 3 bedrooms, 2 full bathrooms, and 2 balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,769
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,215,380
$1.2M
Cap Rate 7%
$868,129
$868.1K
Cap Rate 9%
$675,211
$675.2K
Market Conditions
NOI Build-Up for 2,486 SF
Gross rent
$114.9K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$110.5K $44.44/SF
− OpEx
−$49.7K −$20.00/SF
NOI
$60.8K $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%
$1,215,380
Cap Rate 7%
$868,129
Cap Rate 9%
$675,211
Alternative Uses
Best Use
Apartment 5plus
$868.1K
$759.6K – $1.01M
NOI $60,769 @ 7.0% cap · market cap 3.29%
Second Best
Multifamily LT 5
$587.8K
$514.3K – $685.8K
NOI $41,147 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,290 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,243
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer multiple bedrooms, private outdoor space, and independently controlled electric systems.
Where is this duplex located?
The property is located at 39-43 57th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Two‑family residence with 2,486 sq ft of living area; 25' x 100' lot and 20' x 55' building footprint; Second‑floor unit: 3 bedrooms, 2 full bathrooms, and 2 balconies
