Detached Brick
New
For Sale
$2,080,000
6931 226th Street, Bayside, NY 11364
Two residential floors each provide three bedrooms and two full bathrooms, with distinct entrances and a finished basement.
Property Size2,784 SF
Lot Size0.09 Acres
Days on Market6
Property Features for 6931 226th Street
General Information
Standard status
Active
Size
2,784 SF
Lot size
0.09 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,373
Building Details
Building Size
2,784 SF
Year Built
2006
Year Renovated
2006
Buildings
1
Construction
all-brick
Listing Agency:
Lin Pan Realty Group LLC
Listed By:
Lin Pan
(917) 902-8853
Source:
Cottiemaxwellrealestate
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 6:54AM
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 Lin Pan Realty Group LLC
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Investment Insights
Based on property information with market context.
This detached brick duplex contains 2,784 square feet on a 40 x 100 lot. Its two residential floors each have three bedrooms, two full bathrooms, hardwood flooring, and bay windows. Separate entrances serve the floors, and a finished basement adds further interior space. The property was rebuilt in 2006.
At 6931 226th Street in Bayside, the home is near Alley Pond Park, schools, shopping, and transportation.
At 6931 226th Street in Bayside, the home is near Alley Pond Park, schools, shopping, and transportation.
Key Highlights
- 2,784‑square‑foot detached brick duplex
- 40 x 100 lot
- Each floor has 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,053
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,361,060
$1.4M
Cap Rate 7%
$972,186
$972.2K
Cap Rate 9%
$756,144
$756.1K
Market Conditions
NOI Build-Up for 2,784 SF
Gross rent
$128.6K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$123.7K $44.44/SF
− OpEx
−$55.7K −$20.00/SF
NOI
$68.1K $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%
$1,361,060
Cap Rate 7%
$972,186
Cap Rate 9%
$756,144
Alternative Uses
Best Use
Apartment 5plus
$972.2K
$850.7K – $1.13M
NOI $68,053 @ 7.0% cap · market cap 3.27%
Second Best
Multifamily LT 5
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,668 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
Explore this area
Business Placement
Demographics for 11364, NY
37,032
Population
14,527
Households
2.5
Avg Household Size
45
Median Age
49%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
14,813
Density / Sq Mi
$101,222
Median Household Income
$55,295
Median Earnings
$2,330
Median Rent
$770,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential floors each provide three bedrooms and two full bathrooms, with distinct entrances and a finished basement.
Where is this duplex located?
The property is located at 6931 226th Street Bayside, NY.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: 2,784‑square‑foot detached brick duplex; 40 x 100 lot; Each floor has 3 bedrooms and 2 full bathrooms
