Detached Brick Triplex
For Sale
$2,180,000
4647 204th Street, Bayside, NY 11361
Residential Income, Bayside, NY
Property Size5,600 SF
Lot Size0.11 Acres
Price / SF$389.29
Days on Market48
Property Features for 4647 204th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
10
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 7, Bedroom 3, Bedroom 8, Bedroom 10, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 9, Bathroom 6, Basement, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 5
Parking features
Garage, Parking Lot
Interior features
First Floor Bedroom, First Floor Full Bath, Kitchen Island, Open Floorplan, Open Kitchen
Basement
Finished
Elementary school
Ps 162 John Golden
Middle school
Ms 158 Marie Curie
High school
Francis Lewis High School
Elementary school district
Queens 26
Middle school district
Queens 26
High school district
Queens 26
Standard status
Active
APN
07317-0001
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
14700
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Cooling system
Multi Units
Water source
Public
Building Details
Year built
2002
Number of units
3
Building materials
Brick
Listing Agency:
B Square Realty
(718) 939-8388
Listed By:
Ding Yu
(516) 888-8889
Added: Aug 24
Changed: Oct 9
Last Checked: Oct 10 at 10:06AM
MLS# 1042342
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This detached brick triplex property occupies a corner lot in Bayside and offers nearly 5,600 SF across four levels. The interior includes hardwood flooring, a first-floor bedroom and full bath, an open kitchen with island, and finished basement and attic areas. Baseboard heating runs on natural gas, while cooling is provided by multiple units. Garage and parking-lot spaces are included.
The property has a 130' * 41' lot with three-sided street frontage. It is served by public water and public sewer, with natural gas available. The Bayside School District 26 area includes nearby shopping, parks, schools, and bus lines, while Flushing Main Street is approximately 15 minutes away. Professional use is identified as subject to approvals.
The property has a 130' * 41' lot with three-sided street frontage. It is served by public water and public sewer, with natural gas available. The Bayside School District 26 area includes nearby shopping, parks, schools, and bus lines, while Flushing Main Street is approximately 15 minutes away. Professional use is identified as subject to approvals.
Key Highlights
- Nearly 5,600 SF of living space across four levels
- 130' * 41' corner lot with three‑sided street frontage
- Detached all‑brick construction
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Four-level detached building with hardwood flooring, natural-gas heating, public water and sewer, garage, and parking lot.
Where is this triplex 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; 130' * 41' corner lot with three‑sided street frontage; Detached all‑brick construction
