Detached Two-Family Brick
For Sale
$2,180,000
4647 204th Street, Bayside, NY 11361
Four-level residence with finished basement and attic, hardwood flooring, and abundant natural light.
Property Size3,200 SF
Lot Size0.12 Acres
Price / SF$389.29
Days on Market53
Property Features for 4647 204th Street
General Information
Standard status
Active
Size
3,200 SF
Lot size
0.12 Acres
Property subtype
Triplex
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,700
Building Details
Building Size
3,200 SF
Year Built
2002
Buildings
1
Stories
4
Construction
all-brick
Listing Agency:
B Square Realty
Listed By:
Ding Yu
(516) 888-8890
Source:
Cottiemaxwellrealestate
Added: Aug 24
Changed: Oct 14
Last Checked: Oct 15 at 6:43AM
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 B Square Realty
Investment Insights
Based on property information with market context.
This freestanding duplex has a brick exterior, four levels, and nearly 5,600 square feet of living space. The layout includes a finished basement and attic, with hardwood flooring extending throughout those areas. Six full bathrooms serve the residence, and the foundation was engineered with DOB approval. The property occupies a 130' x 41' corner lot with street exposure on three sides.
The residence is situated within Bayside School District 26 and near shopping, parks, schools, and bus lines. Flushing Main Street is approximately 15 minutes away. Professional use may be considered subject to the required approvals.
The residence is situated within Bayside School District 26 and near shopping, parks, schools, and bus lines. Flushing Main Street is approximately 15 minutes away. Professional use may be considered subject to the required approvals.
Key Highlights
- Nearly 5,600 SF of living space across four levels
- Detached two‑family residence with all‑brick construction
- 130' x 41' corner lot with three‑sided street frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,889
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,737,780
$2.7M
Cap Rate 7%
$1,955,557
$2.0M
Cap Rate 9%
$1,520,989
$1.5M
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$258.7K $46.20/SF
− Vacancy
−$9.8K −$1.76/SF
EGI
$248.9K $44.44/SF
− OpEx
−$112.0K −$20.00/SF
NOI
$136.9K $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%
$2,737,780
Cap Rate 7%
$1,955,557
Cap Rate 9%
$1,520,989
Alternative Uses
Best Use
Apartment 5plus
$1.96M
$1.71M – $2.28M
NOI $136,889 @ 7.0% cap · market cap 6.28%
Second Best
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,689 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M
NOI $288,987 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,390
Businesses Nearby
Explore this area
Business Placement
Demographics for 11361, NY
29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Four-level residence with finished basement and attic, hardwood flooring, and abundant natural light.
Where is this duplex located?
The property is located at 4647 204th Street Bayside, NY.
What is the asking price?
The asking price for this property is $2,180,000.
What are key features of this property?
This property features: Nearly 5,600 SF of living space across four levels; Detached two‑family residence with all‑brick construction; 130' x 41' corner lot with three‑sided street frontage
