Multi-Unit Residential Income
For Sale
$779,000
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 Market65
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
(718) 848-4700
Listed By:
Paul Deo CBR
Source:
Evrealestate
Added: Jun 2
Changed: Aug 4
Last Checked: Aug 5 at 5:12AM
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
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 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 | $49.9k | $46.20 |
| − Vacancy | −$1.9k | −$1.76 |
| EGI | $48.0k | $44.44 |
| − OpEx | −$21.6k | −$20.00 |
| NOI | $26.4k | $24.44 |
1,080 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$377.1K
$330.0K – $440.0K
NOI $26,400 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.2K
$696.7K – $928.9K
NOI $55,733 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,480
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
Questions? Ask Rey
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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 $779,000.
What are key features of this property?
This property features: Multi‑unit residential income property; Built in 1950; Private driveway
