Detached Duplex with
New
For Sale
$1,750,000
105-20 Ditmars Boulevard, East Elmhurst, NY 11369
Two three-bedroom units, a private driveway, and a backyard add practical flexibility to this brick residence.
Property Size3,089 SF
Lot Size0.09 Acres
Days on Market5
Property Features for 105-20 Ditmars Boulevard
General Information
Standard status
Active
Size
3,089 SF
Lot size
0.09 Acres
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
in need of some tlc
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,760
Amenities
backyard
separate basement entrance
Building Details
Building Size
3,089 SF
Year Built
1950
Buildings
1
Construction
brick
Listing Agency:
Century Homes Realty Group LLC
Listed By:
Alba D. Vollo CBR
(646) 267-9025
Source:
Serhant
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 10:54AM
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 Century Homes Realty Group LLC
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 detached brick duplex, built in 1950, contains two floors, each with three bedrooms and two full bathrooms. Hardwood flooring runs throughout the living areas. The home also has a basement with its own entrance, a private driveway, a one-car garage, and a backyard. The roof was replaced in 2022. The property comprises approximately 4,000 sq. ft. and needs some work.
Located at 105-20 Ditmars Boulevard in East Elmhurst, the property is served by the Q19, Q23, and Q90 bus lines. LaGuardia Airport, Astoria Boulevard shopping, major highways, schools, and restaurants are identified among nearby destinations.
Located at 105-20 Ditmars Boulevard in East Elmhurst, the property is served by the Q19, Q23, and Q90 bus lines. LaGuardia Airport, Astoria Boulevard shopping, major highways, schools, and restaurants are identified among nearby destinations.
Key Highlights
- Detached brick two‑family home with two three‑bedroom, two‑bathroom floors
- Approximately 4,000 sq. ft. of property space
- Basement has a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,509
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,180
$1.5M
Cap Rate 7%
$1,078,700
$1.1M
Cap Rate 9%
$838,989
$839.0K
Market Conditions
NOI Build-Up for 3,089 SF
Gross rent
$142.7K $46.20/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$137.3K $44.44/SF
− OpEx
−$61.8K −$20.00/SF
NOI
$75.5K $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%
$1,510,180
Cap Rate 7%
$1,078,700
Cap Rate 9%
$838,989
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$943.9K – $1.26M
NOI $75,509 @ 7.0% cap · market cap 4.31%
Second Best
Multifamily LT 5
$730.4K
$639.1K – $852.1K
NOI $51,128 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,407 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,416
Businesses Nearby
Explore this area
Business Placement
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units, a private driveway, and a backyard add practical flexibility to this brick residence.
Where is this duplex located?
The property is located at 105-20 Ditmars Boulevard East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Detached brick two‑family home with two three‑bedroom, two‑bathroom floors; Approximately 4,000 sq. ft. of property space; Basement has a separate entrance
