Two-Family House with Full
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.
Property Size2,000 SF
Days on Market96
Property Features for 10610 34th Avenue
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$9,025
Building Details
Building Size
2,000 SF
Year Built
1915
Listing Agency:
Joe Hasselt Real Estate
Listed By:
Joe Hasselt · License #35HA0410049
(718) 892-1700
Source:
Barbieliteam
Added: Jul 14
Changed: Oct 17
Last Checked: Oct 16 at 2:20PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$48,889
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,780
$977.8K
Cap Rate 7%
$698,414
$698.4K
Cap Rate 9%
$543,211
$543.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$92.4K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$88.9K $44.44/SF
− OpEx
−$40.0K −$20.00/SF
NOI
$48.9K $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%
$977,780
Cap Rate 7%
$698,414
Cap Rate 9%
$543,211
Alternative Uses
Best Use
Apartment 5plus
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 4.89%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K
NOI $33,103 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,210 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,241
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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
