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Ozone Park Two-Family Home
For Sale
$945,000

10152 102nd Street South Ozone, Ozone Park, NY 11416

Two-family home with parking, garage, and finished basement.

Property Size1,926 SF
Days on Market260

Property Features for 10152 102nd Street South Ozone

General Information

Standard status Active
Size 1,926 SF
Property subtype Duplex

Amenities

Natural Gas
Wall/Window Unit(s)
See Remarks

Building Details

Building Size 1,926 SF
Year Built 1920
Listing Agency: NYC - Queens/Bayside
Listed By: Carl Franklyn Jr · License #10401358447
Source: Kw
Added: Feb 5 Changed: Oct 21 Last Checked: Oct 21 at 12:28AM

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 NYC - Queens/Bayside

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Investment Insights

Based on property information with market context.

This fully detached two-family home is located in Ozone Park. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable living spaces. The first-floor unit includes laundry hookups. The second-floor unit offers a bonus room suitable for a home office, nursery, guest room, or extra storage. The property includes a front porch, private parking, and a garage. The fully finished basement has separate entrances from both inside and outside. The property can be delivered vacant, offering flexibility for various living arrangements.

Key Highlights

  • Fully detached two‑family home delivered vacant, offering flexibility for owner‑occupancy or rental income.
  • Private parking and garage provide rare convenience in Ozone Park.
  • Finished basement with separate entrances offers potential for additional living space or rental income.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,080
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,600 $941.6K
Cap Rate 7%
$672,571 $672.6K
Cap Rate 9%
$523,111 $523.1K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$89.0K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$85.6K $44.44/SF
− OpEx
−$38.5K −$20.00/SF
NOI
$47.1K $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%
$941,600
Cap Rate 7%
$672,571
Cap Rate 9%
$523,111

Alternative Uses

Best Use
Apartment 5plus
$672.6K
$588.5K – $784.7K (±1% cap)
NOI $47,080 @ 7.0% cap · market cap 4.98%
Second Best
Multifamily LT 5
$455.4K
$398.5K – $531.3K (±1% cap)
NOI $31,878 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,391 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,179
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with parking, garage, and finished basement.
Where is this duplex located?
The property is located at 10152 102nd Street South Ozone Ozone Park, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Fully detached two‑family home delivered vacant, offering flexibility for owner‑occupancy or rental income.; Private parking and garage provide rare convenience in Ozone Park.; Finished basement with separate entrances offers potential for additional living space or rental income.
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