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Four-Level Duplex with Finished Basement
For Sale
$1,199,000
Pending

41-30 Warren Street, Elmhurst, NY 11373

Four levels provide two-bedroom living areas, a renovated bathroom, finished attic, and separate-entry basement.

Property Size1,775 SF
Lot Size0.06 Acres
Days on Market145

Property Features for 41-30 Warren Street

General Information

Standard status Pending
Size 1,775 SF
Lot size 0.06 Acres
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $8,133

Building Details

Building Size 1,775 SF
Year Built 1920
Listing Agency: E Realty International Corp
Listed By: Bingqing Yan · License #10401296896
Source: Barbieliteam
Added: Jun 13 Changed: Oct 31 Last Checked: Nov 3 at 1:16PM

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 E Realty International Corp

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Investment Insights

Based on property information with market context.

This duplex, built in 1920, offers four levels of usable space across a two-bedroom second-floor residence and a first-floor layout with two bedrooms, a living room, and an open-concept kitchen. The second floor also includes a living room and a newly renovated bathroom. Above, the finished attic provides flexible additional space, while the finished basement has its own separate entrance. Southeast exposure brings natural light into the property.

The lot measures 20.2 x 135.82 ft, providing a deep footprint. The property is a 5-minute walk from the 7 train, connecting the residence with transportation access in Elmhurst, NY. Its configuration includes distinct living areas, finished auxiliary spaces, and separate basement access for practical residential use.

Key Highlights

  • Duplex with four levels of usable space
  • 20.2 x 135.82 ft lot with a deep footprint
  • 5‑minute walk to the 7 train

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,389
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,780 $867.8K
Cap Rate 7%
$619,843 $619.8K
Cap Rate 9%
$482,100 $482.1K
Market Conditions
NOI Build-Up for 1,775 SF
Gross rent
$82.0K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$78.9K $44.44/SF
− OpEx
−$35.5K −$20.00/SF
NOI
$43.4K $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%
$867,780
Cap Rate 7%
$619,843
Cap Rate 9%
$482,100

Alternative Uses

Best Use
Apartment 5plus
$619.8K
$542.4K – $723.2K (±1% cap)
NOI $43,389 @ 7.0% cap · market cap 3.62%
Second Best
Multifamily LT 5
$419.7K
$367.2K – $489.7K (±1% cap)
NOI $29,379 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,599 @ 7.0% cap · market cap 7.64%
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
Open Analytics

Location Intelligence

Trade Area within ½ mile

5,820
Businesses Nearby

Demographics for 11373, NY

105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
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 - Four levels provide two-bedroom living areas, a renovated bathroom, finished attic, and separate-entry basement.
Where is this duplex located?
The property is located at 41-30 Warren Street Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Duplex with four levels of usable space; 20.2 x 135.82 ft lot with a deep footprint; 5‑minute walk to the 7 train
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