6-Bedroom Duplex with Detached
10230 92nd Avenue, Richmond Hill, NY 11418
For Sale
New
$1,599,000
Residential Income, Richmond Hill, NY
Property Size1,952 SF
Lot Size0.09 Acres
Price / SF$819.16
Days on Market4
Property Features for 10230 92nd Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Basement
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Prospes Real Estate Corp
(718) 321-2800
Listed By:
Kaiqiao Wang · License NY #10311208375
(646) 244-0905
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 14 at 2:06AM
MLS# 1072842
Copyright © 2026 OneKey MLS. 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 two-unit residential property contains 1,952 square feet, with three bedrooms, a full bathroom, a kitchen, and a living room on each floor. The finished basement adds open space, a bathroom, a boiler room, and separate side and rear entrances. Construction combines brick and frame, and the home was built in 1920.
The 0.0918-acre parcel measures 40 by 100 feet. A private driveway and detached garage provide on-site parking. The property is served by public water and public sewer, with natural gas heat and wall or window air conditioning.
The 0.0918-acre parcel measures 40 by 100 feet. A private driveway and detached garage provide on-site parking. The property is served by public water and public sewer, with natural gas heat and wall or window air conditioning.
Key Highlights
- Two residential units, each with 3 bedrooms, 1 full bathroom, kitchen, and living room
- 1,952 square feet of living space
- Finished basement with open area, bathroom, boiler room, and side and rear entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,235
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,700
$964.7K
Cap Rate 7%
$689,071
$689.1K
Cap Rate 9%
$535,944
$535.9K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$75.0K $38.40/SF
− Vacancy
−$6.0K −$3.10/SF
EGI
$68.9K $35.30/SF
− OpEx
−$20.7K −$10.59/SF
NOI
$48.2K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,700
Cap Rate 7%
$689,071
Cap Rate 9%
$535,944
Alternative Uses
Best Use
Multifamily LT 5
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 3.02%
Second Best
Apartment 5plus
$681.7K
$596.5K – $795.3K
NOI $47,716 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,733 @ 7.0% cap · market cap 6.30%
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
3,343
Businesses Nearby
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Business Placement
Demographics for 11418, NY
37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value
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Market
Properties on Market for Duplexes in Richmond Hill
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units each provide a kitchen, living room, three bedrooms, and a full bathroom.
Where is this duplex located?
The property is located at 10230 92nd Avenue Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms, 1 full bathroom, kitchen, and living room; 1,952 square feet of living space; Finished basement with open area, bathroom, boiler room, and side and rear entrances
