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Two-Family House with Full Basement
For Sale
$999,900

10610 34th Avenue, Corona, NY 11368

Two-family house in Corona, Queens with a full basement and a backyard, built in 1915.

Days on Market18

Property Features for 10610 34th Avenue

General Information

Standard status Active
Property subtype Duplex

Building Details

Building Size 2,000 SF
Year Built 1915
Listing Agency: Joe Hasselt Real Estate
Listed By: Joe Hasselt · License #35HA0410049
Source: Barbieliteam
Added: Jul 14 Changed: Jul 31 Last Checked: Jul 31 at 2:11AM

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 Joe Hasselt Real Estate

Investment Insights

Based on property information with market context.

This two-family house offers a practical layout with a full basement and a backyard suited for outdoor use. Built in 1915, the property provides a straightforward foundation for customization, with the interior and exterior spaces offering room to bring your personal touch.

Located in the Corona section of Queens, the home has convenient access to the 7 train and multiple bus lines along Roosevelt Avenue, supporting commuting throughout Manhattan and across Queens.

The combination of a two-family structure, full basement, and outdoor yard space makes the property a fit for buyers seeking a resident-facing residence with additional income potential or for those looking to reimagine the home with modern updates over time.

Key Highlights

  • Two‑family house in Corona, Queens
  • Full basement
  • Backyard for outdoor entertaining

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 $92.4k $46.20
− Vacancy −$3.5k −$1.76
EGI $88.9k $44.44
− OpEx −$40.0k −$20.00
NOI $48.9k $24.44
2,000 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$698.4K
$611.1K – $814.8K (±1% cap)
NOI $48,889 @ 7.0% cap · market cap 4.89%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K (±1% cap)
NOI $33,103 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,210 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Carpet & Flooring Store Nursing Home Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,124
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family house in Corona, Queens with a full basement and a backyard, built in 1915.
Where is this duplex located?
The property is located at 10610 34th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two‑family house in Corona, Queens; Full basement; Backyard for outdoor entertaining
More about this property
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