Semi-Detached Three-Family
For Sale
$2,380,000
6942 43rd Avenue, Woodside, NY 11377
Semi-detached three-family home with a private driveway and garage, set up for multi-unit living and rental flexibility.
Lot Size0.06 Acres
Days on Market103
Property Features for 6942 43rd Avenue
General Information
Standard status
Active
Lot size
0.06 Acres
Property subtype
Triplex
Building Details
Building Size
3,570 SF
Year Built
1997
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Xiawei Tang · License #10401286597
Source:
Barbieliteam
Added: Apr 20
Changed: Jul 31
Last Checked: Jul 31 at 12:26AM
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
Investment Insights
Based on property information with market context.
Semi-detached three-family residence at 6942 43rd Avenue in Woodside, NY, offering four levels of above-ground living space. The property includes a private driveway, garage, and multiple parking spaces, supporting convenient day-to-day access for residents. The lot measures 25' x 112', with a building size of 17' x 70'.
Transportation is a key feature: the home is within walking distance to the Roosevelt Avenue transportation hub, providing access to the 7, E, M, R, and F subway lines. That connectivity supports trips to Manhattan, Flushing, and other major areas of Queens.
Designed for a range of occupancy strategies, this three-family setup can work for investors seeking rental income or for owner-occupants looking to offset living costs with additional units.
Transportation is a key feature: the home is within walking distance to the Roosevelt Avenue transportation hub, providing access to the 7, E, M, R, and F subway lines. That connectivity supports trips to Manhattan, Flushing, and other major areas of Queens.
Designed for a range of occupancy strategies, this three-family setup can work for investors seeking rental income or for owner-occupants looking to offset living costs with additional units.
Key Highlights
- Semi‑detached three‑family residence with four levels of above‑ground living space
- Private driveway, garage, and multiple parking spaces
- Lot size: 25' x 112'
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 | $164.9k | $46.20 |
| − Vacancy | −$6.3k | −$1.76 |
| EGI | $158.7k | $44.44 |
| − OpEx | −$71.4k | −$20.00 |
| NOI | $87.3k | $24.44 |
3,570 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.45M
NOI $87,267 @ 7.0% cap · market cap 3.67%
Second Best
Multifamily LT 5
$844.1K
$738.6K – $984.8K
NOI $59,089 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,229 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,056
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 - Semi-detached three-family home with a private driveway and garage, set up for multi-unit living and rental flexibility.
Where is this triplex located?
The property is located at 6942 43rd Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $2,380,000.
What are key features of this property?
This property features: Semi‑detached three‑family residence with four levels of above‑ground living space; Private driveway, garage, and multiple parking spaces; Lot size: 25' x 112'
