Duplex with Two-Car
New
For Sale
$1,299,000
Pending
3927 57th Street, Woodside, NY 11377
Three bedrooms occupy the upper residence, with a two-bedroom residence below and a full basement.
Property Size2,176 SF
Days on Market4
Property Features for 3927 57th Street
General Information
Standard status
Pending
Size
2,176 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,468
Amenities
Full,Partially Finished,Walk-Out Access
2
Yes
5
Other
Full, Partially Finished, Walk-Out Access
Public
No
Driveway, Garage
2176
Building Details
Building Size
2,176 SF
Year Built
1925
Listing Agency:
Prime Realty
(516) 703-2918
Listed By:
Donna Francavilla
Source:
Hedgestonehomes
Added: Oct 29
Last Checked: Oct 29 at 2:36PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
This 2,176-square-foot duplex, built in 1925, has a three-bedroom residence above a two-bedroom residence and two full bathrooms. A two-car garage and a full, partially finished basement with walk-out access are also part of the property.
The Woodside address is two blocks from the Roosevelt Avenue subway station. Shopping and everyday services are nearby, and public transportation is available in the area.
The Woodside address is two blocks from the Roosevelt Avenue subway station. Shopping and everyday services are nearby, and public transportation is available in the area.
Key Highlights
- Two residential units: three bedrooms above two bedrooms
- 2,176 square feet; built in 1925
- Two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,191
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,820
$1.1M
Cap Rate 7%
$759,871
$759.9K
Cap Rate 9%
$591,011
$591.0K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$100.5K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.7K $44.44/SF
− OpEx
−$43.5K −$20.00/SF
NOI
$53.2K $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%
$1,063,820
Cap Rate 7%
$759,871
Cap Rate 9%
$591,011
Alternative Uses
Best Use
Apartment 5plus
$759.9K
$664.9K – $886.5K
NOI $53,191 @ 7.0% cap · market cap 4.09%
Second Best
Multifamily LT 5
$514.5K
$450.2K – $600.3K
NOI $36,016 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,292 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,321
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three bedrooms occupy the upper residence, with a two-bedroom residence below and a full basement.
Where is this duplex located?
The property is located at 3927 57th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two residential units: three bedrooms above two bedrooms; 2,176 square feet; built in 1925; Two full bathrooms
