Duplex with Finished
For Sale
$1,685,000
3931 201st Street, Bayside, NY 11361
Two separately metered units provide distinct entrances, dining rooms, and flexible household layouts.
Property Size2,640 SF
Days on Market53
Property Features for 3931 201st Street
General Information
Standard status
Active
Size
2,640 SF
Total Parking Spaces
7
Property subtype
Duplex
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$11,525
Amenities
private porch
fully finished basement
backyard
outdoor kitchen
paved patio
Building Details
Building Size
2,640 SF
Year Built
1930
Listing Agency:
Fave Realty Inc
Listed By:
Ryan Porcasi
(516) 650-7909
Source:
Barbieliteam
Added: Sep 7
Changed: Oct 28
Last Checked: Oct 28 at 5:49PM
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 Fave Realty Inc
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Investment Insights
Based on property information with market context.
This Bayside duplex has a 3-over-3 configuration, with each unit featuring separate electric and gas meters, two entrances, and a full-size dining room. The first-floor residence includes a private porch and connects to a fully finished basement with its own exterior entrance, adding functional flexibility to the layout.
Exterior improvements include a two-car garage, outdoor kitchen, paved patio, and a driveway sized for up to five cars. The property is located at 3931 201st Street in Bayside, Queens, New York, and was built in 1930.
Exterior improvements include a two-car garage, outdoor kitchen, paved patio, and a driveway sized for up to five cars. The property is located at 3931 201st Street in Bayside, Queens, New York, and was built in 1930.
Key Highlights
- 3‑over‑3 duplex configuration
- Separate electric and gas meters for each unit
- Two entrances and full‑size dining rooms in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,533
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,660
$1.3M
Cap Rate 7%
$921,900
$921.9K
Cap Rate 9%
$717,033
$717.0K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$122.0K $46.20/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$117.3K $44.44/SF
− OpEx
−$52.8K −$20.00/SF
NOI
$64.5K $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%
$1,290,660
Cap Rate 7%
$921,900
Cap Rate 9%
$717,033
Alternative Uses
Best Use
Apartment 5plus
$921.9K
$806.7K – $1.08M
NOI $64,533 @ 7.0% cap · market cap 3.83%
Second Best
Multifamily LT 5
$624.2K
$546.2K – $728.3K
NOI $43,696 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,237 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 11361, NY
29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
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 - Two separately metered units provide distinct entrances, dining rooms, and flexible household layouts.
Where is this duplex located?
The property is located at 3931 201st Street Bayside, NY.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: 3‑over‑3 duplex configuration; Separate electric and gas meters for each unit; Two entrances and full‑size dining rooms in each unit
