Three-Family Building with
73-07 Woodside Avenue, Woodside, NY 11377
For Sale
$1,499,000
Pending
Dedicated solar panels serve the third-floor apartment, alongside recent kitchen and bathroom updates.
Property Size3,205 SF
Days on Market20
Property Features for 73-07 Woodside Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
4
No
6
First Floor Bedroom,First Floor Full Bath
Full
Public
1
Driveway
Slab
3205
Building Details
Building Size
Year Built
Listing Agency:
OverSouth LLC
(516) 703-2918
Listed By:
Hassan Mahmood
Source:
Hedgestonehomes
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 8:34PM
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 OverSouth LLC
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Investment Insights
Based on property information with market context.
This legal three-family property in Woodside contains 3,205 square feet and dates to 1945. Improvements include a renovated bathroom, an updated kitchen in the third-floor apartment, and a rubber roof installed in April 2026. Dedicated solar panels serve the third-floor unit.
The property is at 73-07 Woodside Avenue, between the BQE and Roosevelt Avenue. Elmhurst Hospital, public transportation, shopping, dining, and everyday services are nearby.
The property is at 73-07 Woodside Avenue, between the BQE and Roosevelt Avenue. Elmhurst Hospital, public transportation, shopping, dining, and everyday services are nearby.
Key Highlights
- Legal three‑family property with 3,205 square feet
- Dedicated solar panels serving the third‑floor unit
- Updated kitchen in the third‑floor apartment and a renovated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,198
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,960
$1.6M
Cap Rate 7%
$1,131,400
$1.1M
Cap Rate 9%
$879,978
$880.0K
Market Conditions
NOI Build-Up for 3,205 SF
Gross rent
$123.1K $38.40/SF
− Vacancy
−$9.9K −$3.10/SF
EGI
$113.1K $35.30/SF
− OpEx
−$33.9K −$10.59/SF
NOI
$79.2K $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%
$1,583,960
Cap Rate 7%
$1,131,400
Cap Rate 9%
$879,978
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$990.0K – $1.32M
NOI $79,198 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$1.12M
$979.3K – $1.31M
NOI $78,344 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,393 @ 7.0% cap · market cap 11.03%
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
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,436
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
$670,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Queens County, NY
Properties on Market for Triplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Dedicated solar panels serve the third-floor apartment, alongside recent kitchen and bathroom updates.
Where is this triplex located?
The property is located at 73-07 Woodside Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Legal three‑family property with 3,205 square feet; Dedicated solar panels serving the third‑floor unit; Updated kitchen in the third‑floor apartment and a renovated bathroom
