Renovated Two-Family
New
For Sale
$989,028
10328 135th Street, South Richmond Hill, NY 11419
Fully renovated two-family property with a finished attic, basement, private driveway, and backyard.
Property Size1,280 SF
Price / SF$772.68
Days on Market5
Property Features for 10328 135th Street
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Duplex
Building Details
Building Size
1,280 SF
Year Built
1920
Abandoned
No
Listing Agency:
Voro LLC
(929) 724-9192
Listed By:
Nico Seepersaud · License #10401282940
Source:
Cbwarburg
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 4:15PM
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 Voro LLC
Investment Insights
Based on property information with market context.
This fully renovated two-family duplex, built in 1920, offers a practical residential income configuration in South Richmond Hill. The property includes 4 bedrooms, a full finished attic with 2 additional bedrooms, and a fully finished basement that provides additional usable space.
A private driveway and backyard complement the property’s functional layout. Located at 10328 135th Street, the home is close to shopping, schools, and public transportation in Richmond Hill S., NY.
A private driveway and backyard complement the property’s functional layout. Located at 10328 135th Street, the home is close to shopping, schools, and public transportation in Richmond Hill S., NY.
Key Highlights
- Fully renovated 2‑family duplex built in 1920
- 4 bedrooms plus 2 additional bedrooms in the finished attic
- Fully finished basement
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.1k | $46.20 |
| − Vacancy | −$2.2k | −$1.76 |
| EGI | $56.9k | $44.44 |
| − OpEx | −$25.6k | −$20.00 |
| NOI | $31.3k | $24.44 |
1,280 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$447.0K
$391.1K – $521.5K
NOI $31,289 @ 7.0% cap · market cap 3.16%
Second Best
Multifamily LT 5
$302.7K
$264.8K – $353.1K
NOI $21,186 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$943.6K
$825.7K – $1.10M
NOI $66,054 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated two-family property with a finished attic, basement, private driveway, and backyard.
Where is this duplex located?
The property is located at 10328 135th Street South Richmond Hill, NY.
What is the asking price?
The asking price for this property is $989,028.
What are key features of this property?
This property features: Fully renovated 2‑family duplex built in 1920; 4 bedrooms plus 2 additional bedrooms in the finished attic; Fully finished basement
