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2-Family Brick Duplex

65-14 48th Ave, Woodside, NY 11377

For Sale
$1,490,000

Residential Income, Woodside, NY

Property Size2,700 SF
Lot Size0.04 Acres
Price / SF$551.85
Days on Market49

Property Features for 65-14 48th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 6
Interior features Entrance Foyer
Subdivision Woodside
High school district 24
Directions See Google maps
Standard status Active
Size 2,700 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 13358

Utilities

Heating system Baseboard

Amenities

private driveway
attached garage
cathedral ceilings
modern kitchen and baths
split AC units
top floor balcony

Building Details

Year built 2000
Floors in Building 3
Buildings 1
Listing Agency: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
Listed By: Liwen Zhua
Added: Sep 28 Changed: Nov 3 Last Checked: Nov 15 at 3:06PM
MLS# 12001268

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This attached brick duplex contains 2,700 square feet across three stories and was built in 2000. The residence has seven bedrooms and four full bathrooms, with one apartment arranged as a duplex. Interior features include cathedral ceilings, a top-floor balcony, split AC units, and separate boilers for each apartment. A private driveway and attached garage provide on-site vehicle access.

Located in Woodside, the property is near shopping and transportation.

Key Highlights

  • 2,700‑square‑foot attached brick property built in 2000
  • Seven bedrooms and four full bathrooms
  • One apartment has a duplex layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,719
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380 $1.3M
Cap Rate 7%
$953,129 $953.1K
Cap Rate 9%
$741,322 $741.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$103.7K $38.40/SF
− Vacancy
−$8.4K −$3.10/SF
EGI
$95.3K $35.30/SF
− OpEx
−$28.6K −$10.59/SF
NOI
$66.7K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380
Cap Rate 7%
$953,129
Cap Rate 9%
$741,322

Alternative Uses

Best Use
Multifamily LT 5
$953.1K
$834.0K – $1.11M (±1% cap)
NOI $66,719 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$942.9K
$825.0K – $1.10M (±1% cap)
NOI $66,000 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,333 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,558
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A three-story layout includes a duplex apartment, private driveway and attached garage.
Where is this duplex located?
The property is located at 65-14 48th Ave Woodside, NY.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 2,700‑square‑foot attached brick property built in 2000; Seven bedrooms and four full bathrooms; One apartment has a duplex layout
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Includes: Price & PSF · Cap rate · Location · Zoning

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