Brick Duplex with Separate
For Sale
$1,890,000
13-03 125th Street, College Point, NY 11356
Residential Income, College Point, NY
Property Size2,270 SF
Lot Size0.07 Acres
Price / SF$832.60
Days on Market52
Property Features for 13-03 125th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 6, Bedroom 4
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Full, Finished
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
APN
4001-0022
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Natural Gas
Amenities
balconies
finished basement
Building Details
Year built
2026
Number of units
2
Building materials
Brick
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Nuomai Zhou
(646) 922-2758
Added: Jul 24
Changed: Sep 12
Last Checked: Sep 13 at 7:06AM
MLS# 1030458
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.
Investment Insights
Based on property information with market context.
This under-construction brick duplex at 13-03 125th Street provides approximately 2,270 square feet of interior living space on an approximately 3,058-square-foot lot. Each of the two primary levels includes a living room, dining area, open-concept kitchen, three bedrooms, a primary suite with walk-in closet and private en-suite bathroom, plus another full bathroom. Separate entrances serve the levels, while the upper floor also includes front and rear balconies.
An additional attic level offers open space with an 8-foot ceiling. The finished basement has approximately 9-foot ceilings, tiled floors, a full bathroom, and its own entrance. The property includes three electric meters and three gas meters, with one of each designated for the attic and basement level. Natural gas heating, brick construction, driveway parking, first-floor bedroom and full-bath access, and a 2026 build year complete the profile.
An additional attic level offers open space with an 8-foot ceiling. The finished basement has approximately 9-foot ceilings, tiled floors, a full bathroom, and its own entrance. The property includes three electric meters and three gas meters, with one of each designated for the attic and basement level. Natural gas heating, brick construction, driveway parking, first-floor bedroom and full-bath access, and a 2026 build year complete the profile.
Key Highlights
- Approximately 2,270 square feet of interior space on an approximately 3,058‑square‑foot lot
- Two dwelling levels, each with 3 bedrooms, a primary suite, and separate entrance
- Attic level with open space and an 8‑foot ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,489
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,780
$1.1M
Cap Rate 7%
$792,700
$792.7K
Cap Rate 9%
$616,544
$616.5K
Market Conditions
NOI Build-Up for 2,270 SF
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.
Gross rent
$104.9K $46.20/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$100.9K $44.44/SF
− OpEx
−$45.4K −$20.00/SF
NOI
$55.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,780
Cap Rate 7%
$792,700
Cap Rate 9%
$616,544
Alternative Uses
Best Use
Apartment 5plus
$792.7K
$693.6K – $924.8K
NOI $55,489 @ 7.0% cap · market cap 2.94%
Second Best
Multifamily LT 5
$536.7K
$469.7K – $626.2K
NOI $37,572 @ 7.0% cap · market cap 1.99%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,143 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two dwelling levels offer distinct access, open-concept kitchens, private bedroom suites, and outdoor balconies.
Where is this duplex located?
The property is located at 13-03 125th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Approximately 2,270 square feet of interior space on an approximately 3,058‑square‑foot lot; Two dwelling levels, each with 3 bedrooms, a primary suite, and separate entrance; Attic level with open space and an 8‑foot ceiling
