Two-Unit Duplex with Finished
10408 103rd Ave, Ozone Park, NY 11417
For Sale
$895,000
Each residence has formal living and dining rooms, with a finished basement in the building.
Property Size1,173 SF
Price / SF$763
Days on Market35
Property Features for 10408 103rd Ave
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Year Built
Listing Agency:
Elite Realty of USA Inc
Listed By:
David Roy
(718) 551-9800
Source:
Searchhomesinlongisland
Added: Oct 6
Changed: Nov 8
Last Checked: Nov 8 at 6:35AM
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 Elite Realty of USA 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 two-family duplex in Ozone Park contains two-bedroom residences on each of its two floors. Both units have formal living and dining rooms, and the property includes a full finished basement. Built in 1920, the building has 1,173 square feet of property area.
The A train at the 104th Street-Oxford Avenue station is within walking distance. Q7, Q112, Q41, and QM115 bus service is also accessible on foot.
The A train at the 104th Street-Oxford Avenue station is within walking distance. Q7, Q112, Q41, and QM115 bus service is also accessible on foot.
Key Highlights
- Two two‑bedroom residences, arranged one above the other
- Formal living and dining rooms in both units
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,986
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,720
$579.7K
Cap Rate 7%
$414,086
$414.1K
Cap Rate 9%
$322,067
$322.1K
Market Conditions
NOI Build-Up for 1,173 SF
Gross rent
$45.0K $38.40/SF
− Vacancy
−$3.6K −$3.10/SF
EGI
$41.4K $35.30/SF
− OpEx
−$12.4K −$10.59/SF
NOI
$29.0K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,720
Cap Rate 7%
$414,086
Cap Rate 9%
$322,067
Alternative Uses
Best Use
Multifamily LT 5
$414.1K
$362.3K – $483.1K
NOI $28,986 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$409.6K
$358.4K – $477.9K
NOI $28,673 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$864.7K
$756.7K – $1.01M
NOI $60,532 @ 7.0% cap · market cap 6.76%
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
2
Residential units
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
Properties on Market for Duplexes in Ozone Park
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has formal living and dining rooms, with a finished basement in the building.
Where is this duplex located?
The property is located at 10408 103rd Ave Ozone Park, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two two‑bedroom residences, arranged one above the other; Formal living and dining rooms in both units; Full finished basement
