Two-Family Duplex with Finished
For Sale
$1,200,000
103-10 35th Avenue, Queens, NY 11368
Two apartments offer three- and four-bedroom layouts, with the first-floor residence opening to the backyard.
Property Size1,926 SF
Price / SF$623.05
Days on Market130
Property Features for 103-10 35th Avenue
General Information
Standard status
Active
Size
1,926 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,133
Amenities
No, No, On Street
Public Sewer, Multi Units, Natural Gas, Cable Connected, Public, Natural Gas
Natural Gas
Square Feet
Finished, Yes
1st Floor Bedrm, Public
First Floor Bedroom
1st Fl Master Bedroom
No
Aluminum Siding
On Street
Building Details
Year Built
1920
Listing Agency:
EXP Realty
Listed By:
Gertrudis Jimenez
(888) 276-0630
Source:
Compass
Added: Jun 27
Changed: Nov 1
Last Checked: Nov 1 at 2:57PM
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 EXP Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property contains a three-bedroom apartment on the first floor and a four-bedroom apartment above. The first-floor residence has access to the backyard, and a finished basement has a separate entrance. The building contains 1,926 square feet and was built in 1920.
The property is a 10-minute walk from the 7 train, with bus transportation one block away. LaGuardia Airport is a five-minute drive, and major highways are a short distance from the property.
The property is a 10-minute walk from the 7 train, with bus transportation one block away. LaGuardia Airport is a five-minute drive, and major highways are a short distance from the property.
Key Highlights
- Two‑family property with 1,926 square feet
- First‑floor apartment has 3 bedrooms and backyard access
- Second‑floor apartment has 4 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,080
Cap Rate
3.92%
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
NOI $47,080 @ 7.0% cap · market cap 3.92%
Second Best
Multifamily LT 5
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,391 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
3,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer three- and four-bedroom layouts, with the first-floor residence opening to the backyard.
Where is this duplex located?
The property is located at 103-10 35th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑family property with 1,926 square feet; First‑floor apartment has 3 bedrooms and backyard access; Second‑floor apartment has 4 bedrooms
