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Two-Family Duplex with Parking
New
For Sale
$699,999

177-38 105th Avenue, Jamaica, NY 11433

MULTI_FAMILY - Jamaica, NY

Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$437.50
Days on Market1

Property Features for 177-38 105th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2
Interior features A/C Unit - Window, Dryer, Microwave, Refrigerator, Stove, Washer
Basement Finished
Subdivision Jamaica
Standard status Active
Size 1,600 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 5409

Building Details

Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Wood Frame
Roof type Rubber
Listing Agency: Century 21 MK Realty
Listed By: Khalaf M. Abed
Added: Aug 4 Last Checked: Aug 4 at 9:06PM
MLS# 503527

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 two-family duplex contains 1,600 square feet on a 0.0574-acre lot measuring 25 by 100 feet. The 20-foot-wide wood-frame building provides a two-bedroom, one-bath first-floor residence and a three-bedroom, one-bath second-floor residence. Interior features include hardwood flooring, window A/C units, a washer, dryer, refrigerator, stove, and microwave. The property also has a rubber roof and shared driveway access for off-street parking.

Located at 177-38 105th Avenue in Jamaica, the property is near shopping, dining, transportation, and major highways. It carries R4-1 zoning and is identified as a legal two-family setup, supporting consideration for either owner occupancy or an investor-oriented residential income strategy.

Key Highlights

  • Two‑family duplex with 2‑bedroom and 3‑bedroom residences
  • 1,600 square feet on a 0.0574‑acre lot
  • 25x100 lot with a 20‑foot‑wide building

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 $73.9k $46.20
− Vacancy −$2.8k −$1.76
EGI $71.1k $44.44
− OpEx −$32.0k −$20.00
NOI $39.1k $24.44
1,600 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K (±1% cap)
NOI $39,111 @ 7.0% cap · market cap 5.59%
Second Best
Multifamily LT 5
$378.3K
$331.0K – $441.4K (±1% cap)
NOI $26,483 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,568 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Acupuncture Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,570
Businesses Nearby

Demographics for 11433, NY

39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Wood-frame duplex with separate bedroom layouts, household appliances, and shared driveway access for off-street parking.
Where is this duplex located?
The property is located at 177-38 105th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family duplex with 2‑bedroom and 3‑bedroom residences; 1,600 square feet on a 0.0574‑acre lot; 25x100 lot with a 20‑foot‑wide building
More about this property
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