Duplex with Private
43-18 57th Street, Woodside, NY 11377
For Sale
$1,195,000
Currently arranged for single-family occupancy, the residence includes a private driveway and a finished living area in the basement.
Property Size1,782 SF
Days on Market17
Property Features for 43-18 57th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private patio
backyard
private driveway
front porch
basement laundry area
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Welcome Home R E Sunnyside
Listed By:
Katherine D. O'Sullivan
(718) 909-9008
Source:
Serhant
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 7 at 3:11PM
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 Welcome Home R E Sunnyside
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Investment Insights
Based on property information with market context.
Built in 1940, this duplex is currently configured for single-family use, with three bedrooms and two bathrooms. The first floor connects living and dining rooms to a renovated kitchen with a stainless steel range, refrigerator, and dishwasher. The full basement has a laundry area and a separate bathroom with tub and shower. A private patio and backyard provide outdoor space, while the existing driveway offers off-street parking. The garage may be reinstated.
The property occupies an 18-by-100-foot lot, with an 18-by-36-foot building. It is in Woodside, Queens, within School District 30, with access to the BQE, the 7 subway line, LIRR service, and LaGuardia Link service to the airport.
The property occupies an 18-by-100-foot lot, with an 18-by-36-foot building. It is in Woodside, Queens, within School District 30, with access to the BQE, the 7 subway line, LIRR service, and LaGuardia Link service to the airport.
Key Highlights
- Two‑family property presently configured for single‑family use
- Three bedrooms and two bathrooms
- 18‑by‑100‑foot lot; building measures 18 by 36 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,560
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,200
$871.2K
Cap Rate 7%
$622,286
$622.3K
Cap Rate 9%
$484,000
$484.0K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$82.3K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$79.2K $44.44/SF
− OpEx
−$35.6K −$20.00/SF
NOI
$43.6K $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%
$871,200
Cap Rate 7%
$622,286
Cap Rate 9%
$484,000
Alternative Uses
Best Use
Apartment 5plus
$622.3K
$544.5K – $726.0K
NOI $43,560 @ 7.0% cap · market cap 3.65%
Second Best
Multifamily LT 5
$421.4K
$368.7K – $491.6K
NOI $29,495 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,960 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Woodside
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Currently arranged for single-family occupancy, the residence includes a private driveway and a finished living area in the basement.
Where is this duplex located?
The property is located at 43-18 57th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two‑family property presently configured for single‑family use; Three bedrooms and two bathrooms; 18‑by‑100‑foot lot; building measures 18 by 36 feet
