Two-Unit Frame
4315 56th Street, Woodside, NY 11377
For Sale
$1,298,888
Pending
Two separate apartments support owner-occupant living, rental use, or multigenerational households.
Property Size2,048 SF
Lot Size0.05 Acres
Days on Market136
Property Features for 4315 56th Street
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
front porch
full basement
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Ricardo D. Mendez · License #10301214562
(718) 956-5000
Source:
Serhant
Added: Jun 26
Changed: Nov 6
Last Checked: Nov 6 at 6:50PM
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 Douglas Elliman Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1930, this two-family frame residence contains approximately 2,048 square feet on a 20' x 100' lot. The property is arranged as two apartments, each with 2 bedrooms and 1 bathroom, and also includes a full basement. Exterior features include light-colored siding, a dark shingled roof, front gabled dormers, a covered front porch, brick steps, mature landscaping, and generous windows.
The property is located at 4315 56th Street in Woodside, Queens Community District 2. The 7 Train is approximately 0.16 miles away, while Woodside LIRR station provides additional regional rail access. Dining, shopping, parks, schools, supermarkets, and other everyday services are located nearby. Walk Score 94 and Transit Score 100 reflect the property's pedestrian and transit-oriented setting.
The property is located at 4315 56th Street in Woodside, Queens Community District 2. The 7 Train is approximately 0.16 miles away, while Woodside LIRR station provides additional regional rail access. Dining, shopping, parks, schools, supermarkets, and other everyday services are located nearby. Walk Score 94 and Transit Score 100 reflect the property's pedestrian and transit-oriented setting.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Approximately 2,048 square feet on a 20' x 100' lot
- Built in 1930; full basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,062
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,240
$1.0M
Cap Rate 7%
$715,171
$715.2K
Cap Rate 9%
$556,244
$556.2K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$94.6K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$91.0K $44.44/SF
− OpEx
−$41.0K −$20.00/SF
NOI
$50.1K $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%
$1,001,240
Cap Rate 7%
$715,171
Cap Rate 9%
$556,244
Alternative Uses
Best Use
Apartment 5plus
$715.2K
$625.8K – $834.4K
NOI $50,062 @ 7.0% cap · market cap 3.85%
Second Best
Multifamily LT 5
$484.3K
$423.7K – $565.0K
NOI $33,898 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,687 @ 7.0% cap · market cap 8.14%
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,730
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Two separate apartments support owner-occupant living, rental use, or multigenerational households.
Where is this duplex located?
The property is located at 4315 56th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,298,888.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Approximately 2,048 square feet on a 20' x 100' lot; Built in 1930; full basement included
