Brick Triplex with Private
10358 103rd Street, Ozone Park, NY 11417
For Sale
$1,625,000
All three apartments are vacant and feature three bedrooms and two full bathrooms apiece.
Property Size3,420 SF
Lot Size0.06 Acres
Price / SF$475.15
Days on Market30
Property Features for 10358 103rd Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
balcony
Eat-in Kitchen
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
BLT Minimax Realty Inc
(718) 609-0800
Listed By:
Amberly Sclar · License #10311210150
(718) 501-5292
Source:
Adamstreetrealty
Added: Oct 9
Changed: Nov 7
Last Checked: Nov 7 at 1:02PM
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 BLT Minimax Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2007 brick triplex contains three apartments, each with three bedrooms, two full bathrooms and more than 1,000 square feet. The second- and third-floor apartments have balconies. A fully finished basement adds a full bathroom, and the property includes a private driveway. Each apartment has separate utility service; the owner pays for water. The building is zoned R4-1.
At 10358 103rd Street in Ozone Park, the property is near Liberty Avenue’s restaurants, shops and daily services. The A train is about a one-minute walk away, Q7 and Q41 bus service is approximately six minutes on foot, and Forest Park is about a ten-minute drive.
At 10358 103rd Street in Ozone Park, the property is near Liberty Avenue’s restaurants, shops and daily services. The A train is about a one-minute walk away, Q7 and Q41 bus service is approximately six minutes on foot, and Forest Park is about a ten-minute drive.
Key Highlights
- Three vacant apartments, each with 3 bedrooms and 2 full bathrooms
- Built in 2007; brick construction
- Building measures 20.35 by 57 feet on a lot approximately 27.69 by 100.1 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,600
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,000
$1.7M
Cap Rate 7%
$1,194,286
$1.2M
Cap Rate 9%
$928,889
$928.9K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$158.0K $46.20/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$152.0K $44.44/SF
− OpEx
−$68.4K −$20.00/SF
NOI
$83.6K $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%
$1,672,000
Cap Rate 7%
$1,194,286
Cap Rate 9%
$928,889
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.05M – $1.39M
NOI $83,600 @ 7.0% cap · market cap 5.14%
Second Best
Multifamily LT 5
$808.7K
$707.6K – $943.5K
NOI $56,607 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,488 @ 7.0% cap · market cap 10.86%
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
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,153
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
$731,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Queens County, NY
Properties on Market for Triplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are vacant and feature three bedrooms and two full bathrooms apiece.
Where is this triplex located?
The property is located at 10358 103rd Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Three vacant apartments, each with 3 bedrooms and 2 full bathrooms; Built in 2007; brick construction; Building measures 20.35 by 57 feet on a lot approximately 27.69 by 100.1 feet
