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Two-Unit Duplex with Finished Basement
New
For Sale
$799,000

10332 118th Street, South Richmond Hill, NY 11419

Residential Income, Richmond Hill S., NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market3

Property Features for 10332 118th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Off Street
Interior features First Floor Bedroom
Basement Full, Finished, Walk-Out Access
Elementary school Ps 100 Glen Morris
Middle school Jhs 226 Virgil I Grisson
High school Richmond Hill High School
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Active
APN 09555-0023
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7832

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1925
Number of units 2
Building materials Aluminum Siding, Frame
Listing Agency: Compass Greater NY LLC
Listed By: Jagmeet S. Bedi · License #40BE1170282
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 4:06AM
MLS# 1060360

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.

Investment Insights

Based on property information with market context.

This two-family property is configured with one residence on each floor. Both units offer three bedrooms, one full bathroom, living and dining areas, and an eat-in kitchen. A finished basement adds usable interior space. The home was built in 1925 and occupies a 0.0509-acre lot.

The property has natural gas heating, window or wall-unit cooling, and off-street parking. Public water and public sewer serve the site. Updates and renovation work are needed, providing an opportunity to tailor the property’s interiors.

Key Highlights

  • Legal two‑family configuration with 3 bedrooms and 1 full bathroom on each floor
  • Full finished basement
  • 0.0509‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,363
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has an eat-in kitchen, separate living and dining areas, and a three-bedroom layout.
Where is this duplex located?
The property is located at 10332 118th Street South Richmond Hill, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Legal two‑family configuration with 3 bedrooms and 1 full bathroom on each floor; Full finished basement; 0.0509‑acre lot
More about this property
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