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    Two-Family Home in Jamaica, NY Title is generated by Realmo AI

    10529 171st Street, Jamaica, NY 11433

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    Claim this Listing
    Pending
    $899,000

    MULTI_FAMILY - Colonial - Jamaica, NY

    Property size:
    2,500 SF
    Lot size:
    0.09 Acres
    Added:
    May 12, 2025
    Days on Market:
    404
    Last Refresh:
    Jun 19 at 8:06 pm

    Property Features for 10529 171st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 3, Basement, Bedroom 2
    Parking features
    Driveway
    Basement
    Partially Finished
    Standard status
    Pending
    APN
    10240-0009
    Size
    2,500 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5835

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Frame
    Architectural style
    Colonial

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    Listing Contact
    Taramattie Persaud

    Listing agent Taramattie Persaud

    Listing office RE/MAX City Square 36-11 33RD Street, Forest Hills, NY

    Listing date May 12, 2025

    MLS# 861171 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑family home with 2,500 interior SF and a 4,000 SF lot
    • Colonial‑style frame construction built in 1930
    • Parking available via driveway
    • Public utilities: natural gas available, public water, and public sewer

    Overview

    This two-family home features 2500 square feet of interior space and is situated on a 4,000 square foot lot. Located in Jamaica, New York, this colonial-style property offers an opportunity for renovation. The property is suitable for cash or rehab loans.

    Local 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 $115.5k $46.20
    − Vacancy −$4.4k −$1.76
    EGI $111.1k $44.44
    − OpEx −$50.0k −$20.00
    NOI $61.1k $24.44
    2,500 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $873.0K
    $763.9K – $1.02M (±1% cap)
    NOI $61,111 @ 7.0% cap · market cap 6.80%
    Second Best
    Multifamily LT 5
    $591.1K
    $517.2K – $689.7K (±1% cap)
    NOI $41,379 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $129,012 @ 7.0% cap · market cap 14.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.785846
    Latitude
    40.701081

    FAQs

    What type of property is this?
    Duplex - Two-family home with 2500 sq ft interior on 4000 sq ft lot.
    Where is this duplex located?
    The property is located at 10529 171st Street Jamaica, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 2‑family home with 2,500 interior SF and a 4,000 SF lot; Colonial‑style frame construction built in 1930; Parking available via driveway
    More about this property
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