Brick Two-Family
For Sale
$1,150,000
32-51 72nd St, Jackson Heights, NY 11370
MULTI_FAMILY - Jackson Heights, NY
Property Size1,417 SF
Lot Size0.05 Acres
Price / SF$811.57
Days on Market27
Property Features for 32-51 72nd St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2
Parking features
Driveway
Interior features
Entrance Foyer, Master Downstairs
Subdivision
Flushing
Standard status
Active
Size
1,417 SF
Lot size
0.05 Acres
Utilities
Heating system
Natural Gas, Steam
Amenities
covered front porch
private backyard
Building Details
Year built
1950
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat, Asphalt
Listing Agency:
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(917) 530-5075
Listed By:
Lucy Lu
Added: Jul 10
Changed: Aug 4
Last Checked: Aug 4 at 11:06PM
MLS# 11878275
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.
Investment Insights
Based on property information with market context.
Solid brick attached two-family duplex in Jackson Heights just off Northern Blvd, offering a two-bedroom apartment over a one-bedroom apartment. The home includes a covered front porch and a private backyard that can be accessed via either the first or second floor.
Built in 1950, the property sits on a 0.0459-acre lot and contains 1,417 SF. Interior touches include an entrance foyer and a master bedroom on the first floor. Hardwood flooring runs throughout, and heating is provided by steam and natural gas.
Parking is supported by a private driveway and an attached garage. The roof is asphalt and flat. With its quiet-but-convenient placement near shopping, major highways, and public transportation, the property is laid out for comfortable two-level living within one attached duplex.
Built in 1950, the property sits on a 0.0459-acre lot and contains 1,417 SF. Interior touches include an entrance foyer and a master bedroom on the first floor. Hardwood flooring runs throughout, and heating is provided by steam and natural gas.
Parking is supported by a private driveway and an attached garage. The roof is asphalt and flat. With its quiet-but-convenient placement near shopping, major highways, and public transportation, the property is laid out for comfortable two-level living within one attached duplex.
Key Highlights
- Brick attached two‑family duplex with two‑bedroom over one‑bedroom layout
- Private driveway plus attached garage
- Private backyard accessible via the 1st or 2nd floor
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 | $65.5k | $46.20 |
| − Vacancy | −$2.5k | −$1.76 |
| EGI | $63.0k | $44.44 |
| − OpEx | −$28.3k | −$20.00 |
| NOI | $34.6k | $24.44 |
1,417 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$494.8K
$433.0K – $577.3K
NOI $34,638 @ 7.0% cap · market cap 3.01%
Second Best
Multifamily LT 5
$335.1K
$293.2K – $390.9K
NOI $23,454 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$1.04M
$914.1K – $1.22M
NOI $73,124 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 11370, NY
34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained brick attached duplex with private driveway, attached garage, and a two-bedroom over one-bedroom layout.
Where is this duplex located?
The property is located at 32-51 72nd St Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Brick attached two‑family duplex with two‑bedroom over one‑bedroom layout; Private driveway plus attached garage; Private backyard accessible via the 1st or 2nd floor
