See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

40-43 69th St Unit 2, Woodside, NY, 11377

4beds
2baths
1,584sqft
$1,498,000
$946price/sqft
$9,100/moest. monthly cost
$364,000/yrincome needed

About This Home

Delivered fully vacant, this classic semi-detached 2-family home offers immediate flexibility, strong investment potential, and development upside on a 20' x 85' lot at the heart of Woodside and Jackson Heights. Currently Two residential units plus a full finished basement, the property features a functional 7-room layout with 4 bedrooms, 2 full baths, 2 kitchens, a private backyard, and attic access. The property is mapped in an R5D residential district, providing a Floor Area Ratio of up to 2.0 and allowing approximately 3,400 buildable square feet. The first-floor residence features a spacious living room, dining area, kitchen, 2 bedrooms, and 1 full bath. The second-floor residence includes 2 bedrooms, 1 full bath, kitchen/dining area, and stair access to the attic. The full finished basement houses the utility/boiler room, additional convenience fixtures, and direct walkout access to the private backyard. 4043 69th Street offers a great opportunity for buyers to renovate and maximize its full potential. With the right updates, it can be transformed into a modern two-family home with duplex layouts, improved energy efficiency, and attractive finishes. The property needs some work, but its vacant condition allows renovations to begin immediately after closing, making it easier to complete the project on your preferred timeline. Transit options are exceptional. Located less than half a block from the elevated 7 train and within moments of the major Roosevelt Avenue transit hub servicing the E, F, M, and R subway lines. Immediate access to the vibrant streetscapes, local dining, shopping, and rich historic surroundings that make Jackson Heights and Woodside so desirable. Mapped in an R5D zoning district, the lot provides meaningful room to explore future structural expansion, reconfiguration, or modernization. Ideal for owner-occupants, investors looking to capitalize on strong Queens housing demands, or developers planning for long-term growth. Do not miss this opportunity to own this versatile Queens two-family property with vacant possession and strong long-term potential.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
67
BikeBikeable

Schools

7/10
Ps 12 James B ColgateGrades K-50.2 mi
3/10
Newtown High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,584
  • Total interior livable area: 1,584 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,574$90,888
Home Insurance *$329$3,948
Property Taxes $936$11,232
Electricity $261$3,141
Total$9,100$109,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$312,000/yr
40% on housing$273,000/yr
45% on housing$242,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$946This listing

vs Other Active Listings

Avg $/sqft

ZIP 11377$540
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11377$637
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$1,498,000

For Sale by Agent

AgentGobinda Lama
BrokeragePrime America Real Estate Inc

Similar Homes