Two-Family
44-11 65th Street, Woodside, NY 11377
For Sale
$859,000
Two apartments each provide two bedrooms and one bathroom, with a lower level ready for renovation.
Property Size1,500 SF
Days on Market294
Property Features for 44-11 65th Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Orion Homes Realty LLC
Listed By:
Frederic Sandy
(718) 825-1940
Source:
Serhant
Added: Jan 19
Changed: Nov 7
Last Checked: Nov 7 at 2:05PM
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 Orion Homes Realty LLC
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Investment Insights
Based on property information with market context.
This two-family property contains two apartments, each configured with two bedrooms and one bathroom. The lower level requires renovation and has separate entrances at the front and rear of the property.
Built in 1910, the home is located in Woodside, Queens.
Built in 1910, the home is located in Woodside, Queens.
Key Highlights
- Legal two‑family home
- Two apartments, each with 2 bedrooms and 1 bathroom
- Lower level has front and rear entrances and needs renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,667
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,340
$733.3K
Cap Rate 7%
$523,814
$523.8K
Cap Rate 9%
$407,411
$407.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$69.3K $46.20/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$66.7K $44.44/SF
− OpEx
−$30.0K −$20.00/SF
NOI
$36.7K $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%
$733,340
Cap Rate 7%
$523,814
Cap Rate 9%
$407,411
Alternative Uses
Best Use
Apartment 5plus
$523.8K
$458.3K – $611.1K
NOI $36,667 @ 7.0% cap · market cap 4.27%
Second Best
Multifamily LT 5
$354.7K
$310.3K – $413.8K
NOI $24,827 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M
NOI $77,407 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,689
Businesses Nearby
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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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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 apartments each provide two bedrooms and one bathroom, with a lower level ready for renovation.
Where is this duplex located?
The property is located at 44-11 65th Street Woodside, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Legal two‑family home; Two apartments, each with 2 bedrooms and 1 bathroom; Lower level has front and rear entrances and needs renovation
