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Multi-Unit Residential Income Property
For Sale
$729,000

10339 91st Street, Ozone Park, NY 11417

Residential income property with multiple units, private driveway, and gas-fired radiant heat.

Property Size1,080 SF
Days on Market156

Property Features for 10339 91st Street

General Information

Standard status Active
Size 1,080 SF
Total Parking Spaces 3
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,555

Amenities

Multi Units, Wall/Window Unit(s)
Natural Gas, Radiant
Eat-in Kitchen
Driveway, Private
Rain Gutters

Building Details

Building Size 1,080 SF
Year Built 1950
Listing Agency: Keller Williams Realty Liberty
Listed By: Paul Deo CBR
Source: Evrealestate
Added: Jun 2 Changed: Nov 1 Last Checked: Nov 3 at 5:22AM

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 Keller Williams Realty Liberty

Rey
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Investment Insights

Based on property information with market context.

This residential income property was built in 1950 and is configured for multiple units. Interior features include eat-in kitchen space, natural gas service, radiant heat, and wall or window air-conditioning units. The property also includes a private driveway and rain gutters.

Key Highlights

  • Multi‑unit residential income property
  • Built in 1950
  • Private driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,400
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,000 $528.0K
Cap Rate 7%
$377,143 $377.1K
Cap Rate 9%
$293,333 $293.3K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$49.9K $46.20/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$48.0K $44.44/SF
− OpEx
−$21.6K −$20.00/SF
NOI
$26.4K $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%
$528,000
Cap Rate 7%
$377,143
Cap Rate 9%
$293,333

Alternative Uses

Best Use
Apartment 5plus
$377.1K
$330.0K – $440.0K (±1% cap)
NOI $26,400 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.2K
$696.7K – $928.9K (±1% cap)
NOI $55,733 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,480
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - Residential income property with multiple units, private driveway, and gas-fired radiant heat.
Where is this residential income property located?
The property is located at 10339 91st Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Multi‑unit residential income property; Built in 1950; Private driveway
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