Triplex with Detached
101-15 117 Street, South Richmond Hill, NY 11419
For Sale
$1,350,000
A private driveway, full basement, front porch, and backyard complement the three-family layout.
Property Size2,955 SF
Price / SF$456.85
Days on Market17
Property Features for 101-15 117 Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private driveway
detached garage
full basement
front porch
backyard
Entrance Foyer
Building Details
Year Built
Units
Listing Agency:
Baring Homes Corp
Listed By:
Abhijit Singh
(347) 951-6729
Source:
Georgemcknight
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 7 at 5:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baring Homes Corp
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Investment Insights
Based on property information with market context.
This 1910 triplex provides approximately 2,955 square feet of living space across three family units. The property also has a full basement, front porch, backyard, private driveway, and detached garage.
Shopping, schools, restaurants, houses of worship, major highways, and public transportation are in the surrounding area. The A train provides service with access across Queens and to Manhattan.
Shopping, schools, restaurants, houses of worship, major highways, and public transportation are in the surrounding area. The A train provides service with access across Queens and to Manhattan.
Key Highlights
- Three‑family property with approximately 2,955 sq. ft. of living space
- Detached garage and private driveway
- Full basement, front porch, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,233
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,444,660
$1.4M
Cap Rate 7%
$1,031,900
$1.0M
Cap Rate 9%
$802,589
$802.6K
Market Conditions
NOI Build-Up for 2,955 SF
Gross rent
$136.5K $46.20/SF
− Vacancy
−$5.2K −$1.76/SF
EGI
$131.3K $44.44/SF
− OpEx
−$59.1K −$20.00/SF
NOI
$72.2K $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 Rate 5%
$1,444,660
Cap Rate 7%
$1,031,900
Cap Rate 9%
$802,589
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$902.9K – $1.20M
NOI $72,233 @ 7.0% cap · market cap 5.35%
Second Best
Multifamily LT 5
$698.7K
$611.4K – $815.2K
NOI $48,910 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,492 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,754
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Queens County, NY
Properties on Market for Triplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - A private driveway, full basement, front porch, and backyard complement the three-family layout.
Where is this triplex located?
The property is located at 101-15 117 Street South Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑family property with approximately 2,955 sq. ft. of living space; Detached garage and private driveway; Full basement, front porch, and backyard
