Two-Family
47-07 65 Street Unit 2, Woodside, NY 11377
For Sale
$1,147,000
Attached frame construction provides two residential units in one building.
Property Size1,600 SF
Days on Market11
Property Features for 47-07 65 Street Unit 2
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Wagner & Kelly Inc
Listed By:
MD A. Hoque · License #10301219933
(917) 561-9563
Source:
Serhant
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 3:46PM
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 Wagner & Kelly Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This attached, frame-built duplex contains two family units. Constructed in 1930, the property is configured for residential use as a two-family building.
Key Highlights
- Two‑family residential configuration
- Attached frame construction
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,111
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,220
$782.2K
Cap Rate 7%
$558,729
$558.7K
Cap Rate 9%
$434,567
$434.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$73.9K $46.20/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$71.1K $44.44/SF
− OpEx
−$32.0K −$20.00/SF
NOI
$39.1K $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%
$782,220
Cap Rate 7%
$558,729
Cap Rate 9%
$434,567
Alternative Uses
Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K
NOI $39,111 @ 7.0% cap · market cap 3.41%
Second Best
Multifamily LT 5
$378.3K
$331.0K – $441.4K
NOI $26,483 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,568 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,792
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Attached frame construction provides two residential units in one building.
Where is this duplex located?
The property is located at 47-07 65 Street Unit 2 Woodside, NY.
What is the asking price?
The asking price for this property is $1,147,000.
What are key features of this property?
This property features: Two‑family residential configuration; Attached frame construction; Built in 1930
