Brick Duplex with Garage
For Sale
$1,199,999
101-42 103rd Street, Ozone Park, NY 11416
Residential, Triplex, Ozone Park, NY
Property Size3,430 SF
Lot Size0.07 Acres
Price / SF$349.85
Days on Market47
Property Features for 101-42 103rd Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R4-1
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2
Interior features
A/C Unit - Window, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove, Terrace
Basement
Unfinished, Full
Subdivision
Ozone Park
Standard status
Active
Size
3,430 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
8137
Building Details
Year built
1972
Number of units
2
Flooring type
Carpet, Tile, Hardwood
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
Momentum Real Estate LLC
Listed By:
Hung Lam · License #HL2875
(718) 382-0001
Added: Sep 21
Changed: Oct 28
Last Checked: Nov 6 at 7:06AM
MLS# 504765
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains approximately 3,430 square feet across three stories on a 0.0689-acre lot. The second and third floors share a comparable arrangement, with three bedrooms, a full bathroom, a three-quarter bathroom, kitchen, living room, and separate dining room on each level. Ground-floor improvements include garage access, basement entry, and flexible storage space. Interior features include window A/C units, a dishwasher, laundry area, microwave, refrigerator, stove, and terrace, with tile, carpet, and hardwood flooring throughout. The property was built in 1972 and is zoned R4-1.
Parking accommodates up to four cars. The property is near the A train at 104 St and the shops along Liberty Avenue, with access to JFK and Resorts World NYC.
Parking accommodates up to four cars. The property is near the A train at 104 St and the shops along Liberty Avenue, with access to JFK and Resorts World NYC.
Key Highlights
- Approximately 3,430 square feet across three stories
- 0.0689‑acre lot with R4‑1 zoning
- Two comparable upper‑floor layouts, each with 3 bedrooms, 1 full bath, and 1 three‑quarter bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,844
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,880
$1.7M
Cap Rate 7%
$1,197,771
$1.2M
Cap Rate 9%
$931,600
$931.6K
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$158.5K $46.20/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$152.4K $44.44/SF
− OpEx
−$68.6K −$20.00/SF
NOI
$83.8K $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%
$1,676,880
Cap Rate 7%
$1,197,771
Cap Rate 9%
$931,600
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,844 @ 7.0% cap · market cap 6.99%
Second Best
Multifamily LT 5
$811.0K
$709.7K – $946.2K
NOI $56,772 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,004 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,179
Businesses Nearby
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Business Placement
Demographics for 11416, NY
28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three-story residential income property with flexible ground-floor storage, basement entry, and parking for up to four cars.
Where is this duplex located?
The property is located at 101-42 103rd Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Approximately 3,430 square feet across three stories; 0.0689‑acre lot with R4‑1 zoning; Two comparable upper‑floor layouts, each with 3 bedrooms, 1 full bath, and 1 three‑quarter bath
