Triplex with Private
69-42 43RD St, Queens, NY 11377
For Sale
New
$2,280,000
Four above-ground levels provide a multi-story layout, with a private driveway and additional parking.
Property Size3,570 SF
Lot Size0.06 Acres
Days on Market2
Property Features for 69-42 43RD St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Construction
Listing Agency:
E REALTY INTERNATIONAL CORP.
Listed By:
Xiawei Tang · License #10401286597
(347) 476-5533
Source:
Elliman
Added: Nov 6
Last Checked: Nov 6 at 2:38PM
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 E REALTY INTERNATIONAL CORP.
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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 semi-detached triplex has four levels above ground and a private garage, driveway, and multiple parking spaces. The building measures 17 feet by 70 feet, while the lot measures 25 feet by 112 feet.
The property is within walking distance of the Roosevelt Avenue transportation hub, which serves the 7, E, M, R, and F subway lines. Published scores are 93 for walking, 79 for transit, and 89 for biking.
The property is within walking distance of the Roosevelt Avenue transportation hub, which serves the 7, E, M, R, and F subway lines. Published scores are 93 for walking, 79 for transit, and 89 for biking.
Key Highlights
- Semi‑detached triplex with four levels above ground
- Building measures 17 feet by 70 feet on a 25‑foot by 112‑foot lot
- Private driveway, garage, and multiple parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,267
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,340
$1.7M
Cap Rate 7%
$1,246,671
$1.2M
Cap Rate 9%
$969,633
$969.6K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$164.9K $46.20/SF
− Vacancy
−$6.3K −$1.76/SF
EGI
$158.7K $44.44/SF
− OpEx
−$71.4K −$20.00/SF
NOI
$87.3K $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%
$1,745,340
Cap Rate 7%
$1,246,671
Cap Rate 9%
$969,633
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.45M
NOI $87,267 @ 7.0% cap · market cap 3.83%
Second Best
Multifamily LT 5
$844.1K
$738.6K – $984.8K
NOI $59,089 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,229 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,170
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
$670,300
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Queens, NY
Properties on Market for Triplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Four above-ground levels provide a multi-story layout, with a private driveway and additional parking.
Where is this triplex located?
The property is located at 69-42 43RD St Queens, NY.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: Semi‑detached triplex with four levels above ground; Building measures 17 feet by 70 feet on a 25‑foot by 112‑foot lot; Private driveway, garage, and multiple parking spaces
