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Two-Family Duplex with Finished Basement

4411 66th Street, Woodside, NY 11377

For Sale
$1,158,000

Two separate residential floors provide a three-bedroom layout on each level, with a finished basement below.

Property Size1,500 SF
Lot Size0.06 Acres
Days on Market282

Property Features for 4411 66th Street

General Information

Standard status Active
Size 1,500 SF
Lot size 0.06 Acres
Property subtype Duplex
Zoning R4-1

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,080

Building Details

Building Size 1,500 SF
Year Built 1910
Buildings 1
Construction brick
Listing Agency: CPRE Elite Inc
Listed By: Xiaoyan He
Source: Serhant
Added: Jan 31 Changed: Nov 7 Last Checked: Nov 7 at 2:20PM

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 CPRE Elite Inc

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Investment Insights

Based on property information with market context.

Built in 1910, this brick two-family property has a 25-by-30-foot building footprint on a 25-by-109-foot lot. The first floor contains three bedrooms and two full bathrooms; the second floor has three bedrooms and one full bathroom. A finished basement has separate front and rear entrances. The property also includes two gas boilers and two water tanks.

The building is zoned R4-1 and is described as having 1,226 square feet of buildable area. Its stated location is along I-278 and Queens Boulevard.

Key Highlights

  • Legal two‑family brick property, built in 1910
  • Three bedrooms and two full bathrooms on the first floor; three bedrooms and one full bathroom upstairs
  • Finished basement with separate front and rear entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,667
Cap Rate
3.17%
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 (±1% cap)
NOI $36,667 @ 7.0% cap · market cap 3.17%
Second Best
Multifamily LT 5
$354.7K
$310.3K – $413.8K (±1% cap)
NOI $24,827 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M (±1% cap)
NOI $77,407 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,968
Businesses Nearby

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

Market

Properties on Market for Duplexes in Woodside

Jul
Aug
Sep
Oct

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 - Two separate residential floors provide a three-bedroom layout on each level, with a finished basement below.
Where is this duplex located?
The property is located at 4411 66th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,158,000.
What are key features of this property?
This property features: Legal two‑family brick property, built in 1910; Three bedrooms and two full bathrooms on the first floor; three bedrooms and one full bathroom upstairs; Finished basement with separate front and rear entrances
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