Four-Level Detached
For Sale
$879,888
434 Beach 36th Street, Queens, NY 11691
Legal two-family residence with finished attic, basement, private yard, and detached garage.
Property Size2,813 SF
Price / SF$312.79
Days on Market1390
Property Features for 434 Beach 36th Street
General Information
Standard status
Active
Size
2,813 SF
Total Parking Spaces
1
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,347
Amenities
private fenced yard
laundry room
Square Feet, 40x115
Finished, Full
Hardwood
Dryer, Eat in Kitchen, Hardwood Floors As Seen, Other, Public, Refrigerator, Second Stove, Washer
Dryer, Oven, Refrigerator, Washer
Dryer,Refrigerator,Second Stove,Washer
2813
14
No Common Walls
Eat-in Kitchen
Square Feet
Other/See Remarks, Hardwood Floors As Seen, Eat in Kitchen
No
Brick, Frame
Shared Driveway, Detached, 1 Car Detached
Building Details
Year Built
1940
Buildings
1
Construction
Brick/Frame
Listing Agency:
Keller Williams Rlty Landmark
Listed By:
Deirdre A. Folan · License #10301200720
(718) 475-2700
Source:
Compass
Added: Dec 28, 2022
Changed: Oct 16
Last Checked: Oct 16 at 10:45AM
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 Keller Williams Rlty Landmark
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.
This legal two-family detached property contains 2,813 square feet across four levels and was built in 1940. The main residence includes a living room, formal dining room, eat-in kitchen, laundry room, 3-4 bedrooms, and one bathroom. The second-floor apartment offers a living room, eat-in kitchen, three bedrooms, and one bathroom. A finished attic adds a large room with high ceilings, windows, and closets.
The finished basement provides a family room, office, bathroom, high ceilings, and a separate entrance. Exterior features include brick and frame construction, a detached one-car garage, a shared driveway, and a private fenced yard. Located at 434 Beach 36th Street in Queens, the property is described as convenient to transportation and shopping.
The finished basement provides a family room, office, bathroom, high ceilings, and a separate entrance. Exterior features include brick and frame construction, a detached one-car garage, a shared driveway, and a private fenced yard. Located at 434 Beach 36th Street in Queens, the property is described as convenient to transportation and shopping.
Key Highlights
- Legal two‑family detached property with 2,813 square feet
- Four‑level layout with finished attic and full finished basement
- Main residence includes 3‑4 bedrooms, eat‑in kitchen, and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,762
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,375,240
$1.4M
Cap Rate 7%
$982,314
$982.3K
Cap Rate 9%
$764,022
$764.0K
Market Conditions
NOI Build-Up for 2,813 SF
Gross rent
$130.0K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$125.0K $44.44/SF
− OpEx
−$56.3K −$20.00/SF
NOI
$68.8K $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%
$1,375,240
Cap Rate 7%
$982,314
Cap Rate 9%
$764,022
Alternative Uses
Best Use
Apartment 5plus
$982.3K
$859.5K – $1.15M
NOI $68,762 @ 7.0% cap · market cap 7.81%
Second Best
Multifamily LT 5
$665.1K
$582.0K – $776.0K
NOI $46,560 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,164 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
Explore this area
Business Placement
Demographics for 11691, NY
64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family residence with finished attic, basement, private yard, and detached garage.
Where is this duplex located?
The property is located at 434 Beach 36th Street Queens, NY.
What is the asking price?
The asking price for this property is $879,888.
What are key features of this property?
This property features: Legal two‑family detached property with 2,813 square feet; Four‑level layout with finished attic and full finished basement; Main residence includes 3‑4 bedrooms, eat‑in kitchen, and laundry room
