Triplex with Private
For Sale
$1,380,000
6912 31st Avenue, Woodside, NY 11377
Triplex featuring two two-bedroom, one-bath apartments plus a walk-in accessory unit with a full bath, private balcony and backyard.
Days on Market86
Property Features for 6912 31st Avenue
General Information
Standard status
Active
Property subtype
Triplex
Additional Details
Road Access
Yes
Amenities
private balcony
private backyard
Building Details
Building Size
2,700 SF
Year Built
1960
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Trademarko Realty Inc
(347) 927-6829
Listed By:
Peter Nowik · License #10401329596
Source:
Barbieliteam
Added: May 9
Changed: Jul 31
Last Checked: Aug 2 at 12:07PM
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 Trademarko Realty Inc
Investment Insights
Based on property information with market context.
Introducing a well-maintained brick triplex built in 1960, arranged with two two-bedroom, one-bath apartments and a walk-in accessory unit with its own full bath. The property includes a spacious private balcony, a private backyard, a large garage, and a private driveway.
Situated on the border of Woodside and Jackson Heights, the home offers convenient transit access with easy connectivity to the 7 train and the LIRR, plus multiple bus lines including Q47 and Q49. Local destinations are also within minutes of Northern Boulevard and Roosevelt Avenue, offering nearby restaurants, markets, and retail.
Please note that some of the pictures show virtually staged property, including furniture and light fixtures on the balcony, upgraded garden, upgraded backyard, and new grout in the bathroom.
Situated on the border of Woodside and Jackson Heights, the home offers convenient transit access with easy connectivity to the 7 train and the LIRR, plus multiple bus lines including Q47 and Q49. Local destinations are also within minutes of Northern Boulevard and Roosevelt Avenue, offering nearby restaurants, markets, and retail.
Please note that some of the pictures show virtually staged property, including furniture and light fixtures on the balcony, upgraded garden, upgraded backyard, and new grout in the bathroom.
Key Highlights
- Built in 1960 brick triplex
- Two two‑bedroom, one‑bath apartments
- Walk‑in accessory unit with its own full bath
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 | $124.7k | $46.20 |
| − Vacancy | −$4.7k | −$1.76 |
| EGI | $120.0k | $44.44 |
| − OpEx | −$54.0k | −$20.00 |
| NOI | $66.0k | $24.44 |
2,700 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$942.9K
$825.0K – $1.10M
NOI $66,000 @ 7.0% cap · market cap 4.78%
Second Best
Multifamily LT 5
$638.4K
$558.6K – $744.8K
NOI $44,689 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,333 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,672
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?
Triplex - Triplex featuring two two-bedroom, one-bath apartments plus a walk-in accessory unit with a full bath, private balcony and backyard.
Where is this triplex located?
The property is located at 6912 31st Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Built in 1960 brick triplex; Two two‑bedroom, one‑bath apartments; Walk‑in accessory unit with its own full bath
