Two-Unit Brick
For Sale
$1,199,999
103-11 90th Street, Ozone Park, NY 11417
Two stacked three-bedroom residences share a finished basement, driveway, and two-car garage.
Property Size1,870 SF
Lot Size0.09 Acres
Price / SF$641.71
Days on Market33
Property Features for 103-11 90th Street
General Information
Standard status
Active
Size
1,870 SF
Total Parking Spaces
2
Lot size
0.09 Acres
Property subtype
Residential Income
Zoning
R4-1
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,186
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Building Details
Building Size
1,870 SF
Year Built
1920
Buildings
1
Stories
2
Units
2
Construction
brick
Listing Agency:
Exit Realty Prime
(718) 262-0205
Listed By:
Sarwor Khan CBR · License #1055152
(347) 665-7580
Source:
Croninreale
Added: Sep 22
Changed: Oct 23
Last Checked: Oct 23 at 3:17PM
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 Exit Realty Prime
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Investment Insights
Based on property information with market context.
This two-story brick duplex contains two residences, each configured with three bedrooms and one bathroom. The property also includes a finished basement with a full bathroom, a driveway, and a two-car garage. The building dates to 1920 and measures 1,870 square feet.
The 40-by-100-foot parcel is zoned R4-1. Nearby transit options include the A train and Q7, Q52, and Q53 select buses. The property is also near shops, supermarkets, restaurants, and schools, including John Adams High School.
The 40-by-100-foot parcel is zoned R4-1. Nearby transit options include the A train and Q7, Q52, and Q53 select buses. The property is also near shops, supermarkets, restaurants, and schools, including John Adams High School.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 1,870 square feet; built in 1920
- 40ft x 100ft lot with R4‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,711
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,220
$914.2K
Cap Rate 7%
$653,014
$653.0K
Cap Rate 9%
$507,900
$507.9K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$86.4K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$83.1K $44.44/SF
− OpEx
−$37.4K −$20.00/SF
NOI
$45.7K $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%
$914,220
Cap Rate 7%
$653,014
Cap Rate 9%
$507,900
Alternative Uses
Best Use
Apartment 5plus
$653.0K
$571.4K – $761.9K
NOI $45,711 @ 7.0% cap · market cap 3.81%
Second Best
Multifamily LT 5
$442.2K
$386.9K – $515.9K
NOI $30,952 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,501 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,769
Businesses Nearby
Explore this area
Business Placement
Demographics for 11417, NY
31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
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 - Two stacked three-bedroom residences share a finished basement, driveway, and two-car garage.
Where is this duplex located?
The property is located at 103-11 90th 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: Two residences, each with 3 bedrooms and 1 bathroom; 1,870 square feet; built in 1920; 40ft x 100ft lot with R4‑1 zoning
