Duplex with
New
For Sale
$1,280,000
105-06 92nd Street, Ozone Park, NY 11417
The property carries R6B/C2-3 zoning and occupies a 41-by-98-foot lot.
Property Size2,012 SF
Lot Size0.09 Acres
Price / SF$636.18
Days on Market4
Property Features for 105-06 92nd Street
General Information
Standard status
Active
Size
2,012 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Zoning
R6B/C2-3
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,230
Amenities
Full
3
Yes
4
First Floor Bedroom,First Floor Full Bath
No
Public
Garden
Brick/Mortar,Stone
Municipal
2012
Public Maintained Road
Building Details
Building Size
2,012 SF
Year Built
1920
Listing Agency:
(516) 703-2918
Listed By:
Donna Francavilla
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:50PM
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 Donna Francavilla
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Investment Insights
Based on property information with market context.
This two-family property contains 2,012 square feet and dates to 1920. The building is described as brick/mortar and stone, with a garden. Interior details include first-floor bedrooms and a full bath; the available feature data does not clarify the full layout.
At 105-06 92nd Street in Ozone Park, the property sits on a 41-by-98-foot lot and is designated R6B/C2-3, a combination of residential and commercial zoning.
At 105-06 92nd Street in Ozone Park, the property sits on a 41-by-98-foot lot and is designated R6B/C2-3, a combination of residential and commercial zoning.
Key Highlights
- Two‑family property with 2,012 square feet
- R6B/C2‑3 zoning
- 41‑by‑98‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,182
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,640
$983.6K
Cap Rate 7%
$702,600
$702.6K
Cap Rate 9%
$546,467
$546.5K
Market Conditions
NOI Build-Up for 2,012 SF
Gross rent
$93.0K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$89.4K $44.44/SF
− OpEx
−$40.2K −$20.00/SF
NOI
$49.2K $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%
$983,640
Cap Rate 7%
$702,600
Cap Rate 9%
$546,467
Alternative Uses
Best Use
Apartment 5plus
$702.6K
$614.8K – $819.7K
NOI $49,182 @ 7.0% cap · market cap 3.84%
Second Best
Multifamily LT 5
$475.7K
$416.3K – $555.0K
NOI $33,302 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,829 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,530
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property carries R6B/C2-3 zoning and occupies a 41-by-98-foot lot.
Where is this duplex located?
The property is located at 105-06 92nd Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Two‑family property with 2,012 square feet; R6B/C2‑3 zoning; 41‑by‑98‑foot lot
