8401 87th Street, Woodhaven, NY 11421
MULTI_FAMILY - Woodhaven, NY
- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 4:06 am
Property Features for 8401 87th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking
- 3
- Parking features
- Garage
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Finished
- Standard status
- Active
- APN
- 08866-0051
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8841
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Aluminum Siding
Listing agent Joseph C. Barretta License #NY 10491202143 (646) 224-1154
Listing office Metro Net Realty LLC 136 Shoreview Rd, Howard Beach, NY (646) 224-1154
Listing date Jul 8, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Legal two‑family home with 3rd attic unit and 4th basement unit
- First- and second‑floor units will be vacant at closing
- 3000 SF Victorian‑style home with original architectural details and original parquet oak flooring
- Huge wrap‑around porch with park views plus private garden and full backyard
- Updated kitchens and baths; 1st‑floor bedroom and 1st‑floor full bath
- Detached 2‑car garage and public utilities (public water, public sewer); hot water heating with window/wall A/C units
Overview
Located on 87th Street in Woodhaven, the property is described as being near the J train on Jamaica Ave. Additional nearby recreation noted in the remarks include steps to the Forest Park tennis courts and dog park, and a detached two-car garage is listed along Park Lane South.
From a tenant or buyer standpoint, the existing unit mix supports multiple living arrangements within one building, while the detached two-car garage and outdoor space add practical value. With two units vacant at closing, the property may appeal to buyers seeking operational control over the near-term leasing situation and the ability to refresh ready spaces for new occupants.
Local 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 | $138.6k | $46.20 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $133.3k | $44.44 |
| − OpEx | −$60.0k | −$20.00 |
| NOI | $73.3k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Woodhaven
- County
- Queens
- State
- New York
- Longitude
- -73.858031
- Latitude
- 40.696646
