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Renovated Duplex Property
For Sale
$1,090,000

8944 Woodhaven Blvd, Woodhaven, NY 11421

Residential Income, Woodhaven, NY

Property Size3,000 SF
Price / SF$363.33
Days on Market46

Property Features for 8944 Woodhaven Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 5, Bedroom 3
Subdivision Jamaica
Standard status Active
Size 3,000 SF

Taxes and HOA fees

Tax Annual Amount 6500

Utilities

Heating system Natural Gas, Hot Water(Heating), Baseboard

Building Details

Year built 1920
Floors in Building 2
Flooring type Hardwood
Building materials Vinyl Siding
Listing Agency: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
Listed By: Kammy Xiao Nguyen
Added: Sep 1 Changed: Oct 12 Last Checked: Oct 16 at 10:06PM
MLS# 11960915

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,000-square-foot duplex property occupies a 19-by-56-foot townhouse built in 1920 and comprehensively renovated in 2018. Each level includes three bedrooms, a living area, one full bathroom, and one half bathroom. Interior features include hardwood flooring and an open kitchen and dining area. The finished basement provides additional recreation or entertainment space, with both front and rear entrances.

Separate electrical, plumbing, and building systems were installed during the renovation. The property has two independent heating systems, two separate hot water tanks, baseboard and hot-water heating, natural gas, and vinyl siding. A bus stop is located directly outside, while Woodhaven Metro station is within walking distance.

Key Highlights

  • 3,000 square feet with a 19' x 56' townhouse footprint
  • Gut renovation completed in 2018 with updated electrical, plumbing, and systems
  • Two levels, each with 3 bedrooms, living area, 1 full bath, and 1 half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,333
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660 $1.5M
Cap Rate 7%
$1,047,614 $1.0M
Cap Rate 9%
$814,811 $814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $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%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811

Alternative Uses

Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M (±1% cap)
NOI $73,333 @ 7.0% cap · market cap 6.73%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K (±1% cap)
NOI $49,655 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $154,814 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,036
Businesses Nearby

Demographics for 11421, NY

42,586
Population
12,776
Households
3.3
Avg Household Size
38
Median Age
26%
College-Educated
79%
High-School Grad
1.3 sq mi
ZIP Area
32,758
Density / Sq Mi
$89,439
Median Household Income
$40,934
Median Earnings
$1,901
Median Rent
$682,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-level townhouse with separate heating and hot water systems, finished basement, and transit access at the front door.
Where is this duplex located?
The property is located at 8944 Woodhaven Blvd Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 3,000 square feet with a 19' x 56' townhouse footprint; Gut renovation completed in 2018 with updated electrical, plumbing, and systems; Two levels, each with 3 bedrooms, living area, 1 full bath, and 1 half bath
More about this property
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