Brick Two-Family
For Sale
$1,349,000
4850 45th Street, Woodside, NY 11377
Brick two-family home with a full basement and 2-car garage parking near transportation and neighborhood amenities.
Days on Market43
Property Features for 4850 45th Street
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,632 SF
Year Built
1940
Listing Agency:
Keller Williams Landmark II
(929) 395-3443
Listed By:
Diego G. Naranjo
Source:
Serhant
Added: Jun 18
Changed: Jul 30
Last Checked: Jul 30 at 2:43PM
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 Keller Williams Landmark II
Investment Insights
Based on property information with market context.
Brick two-family residence built in 1940 offering generous living space, a full basement, and 2-car garage parking. The layout supports multi-generational use while also fitting well for residential rental arrangements.
Located in Woodside, NY, the property is positioned near transportation and local shops, with neighborhood amenities close by.
Offered with the flexibility of a two-family configuration, this home provides additional basement space and practical off-street parking in the form of a rare 2-car garage.
Located in Woodside, NY, the property is positioned near transportation and local shops, with neighborhood amenities close by.
Offered with the flexibility of a two-family configuration, this home provides additional basement space and practical off-street parking in the form of a rare 2-car garage.
Key Highlights
- Brick two‑family residence
- Built in 1940
- Full basement
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.4k | $46.20 |
| − Vacancy | −$2.9k | −$1.76 |
| EGI | $72.5k | $44.44 |
| − OpEx | −$32.6k | −$20.00 |
| NOI | $39.9k | $24.44 |
1,632 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$569.9K
$498.7K – $664.9K
NOI $39,893 @ 7.0% cap · market cap 2.96%
Second Best
Multifamily LT 5
$385.9K
$337.7K – $450.2K
NOI $27,012 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,219 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,458
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick two-family home with a full basement and 2-car garage parking near transportation and neighborhood amenities.
Where is this duplex located?
The property is located at 4850 45th Street Woodside, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Brick two‑family residence; Built in 1940; Full basement
