Duplex with Finished
New
For Sale
$1,200,000
10310 35th Avenue, Corona, NY 11368
The two apartments offer three- and four-bedroom layouts, while the finished basement has a separate entrance.
Property Size1,926 SF
Price / SF$623.05
Days on Market3
Property Features for 10310 35th Avenue
General Information
Standard status
Active
Size
1,926 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3 bedrooms apt, 4-bedroom apt
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,132
Amenities
First Floor Bedroom
Building Details
Building Size
1,926 SF
Year Built
1920
Units
3
Listing Agency:
EXP Realty
Listed By:
Gertrudis Jimenez
(347) 285-0638
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 5:43PM
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
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Investment Insights
Based on property information with market context.
At 10310 35th Avenue in Corona, this two-family property contains a three-bedroom apartment on the first floor and a four-bedroom apartment above. The first-floor unit opens to the backyard, and a finished basement with its own entrance adds separate lower-level space. The building dates to 1920 and contains 1,926 square feet.
The property is a 10-minute walk from the 7 train, with bus service one block away. LaGuardia Airport is a five-minute drive, and major highways are described as a short distance from the property.
The property is a 10-minute walk from the 7 train, with bus service one block away. LaGuardia Airport is a five-minute drive, and major highways are described as a short distance from the property.
Key Highlights
- Two‑family property with three‑bedroom and four‑bedroom apartments
- Finished basement with a separate entrance
- First‑floor apartment has backyard access
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.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,060
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two apartments offer three- and four-bedroom layouts, while the finished basement has a separate entrance.
Where is this duplex located?
The property is located at 10310 35th Avenue Corona, 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 three‑bedroom and four‑bedroom apartments; Finished basement with a separate entrance; First‑floor apartment has backyard access
