Detached Duplex with
For Sale
$2,300,000
143-10 Beech Avenue, Flushing, NY 11355
Residential Income, Flushing, NY
Property Size2,713 SF
Lot Size0.12 Acres
Price / SF$847.77
Days on Market94
Property Features for 143-10 Beech Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
9
Bathrooms
8
Full bathrooms
8
Rooms
Basement, Bedroom 8, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 7, Bedroom 6, Bathroom 8, Bedroom 1, Bedroom 9, Bedroom 3, Bedroom 5
Parking features
Driveway
Basement
Full
Elementary school
Ps 20 John Bowne
Middle school
Is 237
High school
Flushing High School
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 25
Standard status
Active
APN
05190-0004
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12736
Utilities
Heating system
Natural Gas, Steam
Building Details
Year built
1920
Number of units
2
Building materials
Brick, Frame
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Mo Ling Chan
(646) 322-3119
Added: Jun 12
Changed: Sep 12
Last Checked: Sep 13 at 8:06AM
MLS# 1012828
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 detached duplex in Flushing offers 2,713 square feet of living area on a 5,375-square-foot lot. The layout includes living and kitchen areas, 5 en-suite bedrooms, 4 additional bedrooms, and a detached garage. The property also provides 2 parking spaces through its driveway configuration.
Built in 1920, the residence combines brick and frame construction with natural gas and steam heating. The property is located at 143-10 Beech Avenue in Flushing, Queens, with access to local shopping and transportation in the surrounding area.
Built in 1920, the residence combines brick and frame construction with natural gas and steam heating. The property is located at 143-10 Beech Avenue in Flushing, Queens, with access to local shopping and transportation in the surrounding area.
Key Highlights
- Duplex with 2,713 square feet of living area
- 5,375‑square‑foot lot
- 5 en‑suite bedrooms plus 4 additional bedrooms
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
$66,318
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
2.88%
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%
$1,326,360
$1.3M
Cap Rate 7%
$947,400
$947.4K
Cap Rate 9%
$736,867
$736.9K
Market Conditions
NOI Build-Up for 2,713 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
$125.3K $46.20/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$120.6K $44.44/SF
− OpEx
−$54.3K −$20.00/SF
NOI
$66.3K $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 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%
$1,326,360
Cap Rate 7%
$947,400
Cap Rate 9%
$736,867
Alternative Uses
Best Use
Apartment 5plus
$947.4K
$829.0K – $1.11M
NOI $66,318 @ 7.0% cap · market cap 2.88%
Second Best
Multifamily LT 5
$641.5K
$561.3K – $748.4K
NOI $44,905 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,004 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
9,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-dwelling residential property with driveway parking, natural gas heating, and a combination of brick and frame construction.
Where is this duplex located?
The property is located at 143-10 Beech Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Duplex with 2,713 square feet of living area; 5,375‑square‑foot lot; 5 en‑suite bedrooms plus 4 additional bedrooms
