Three-Level Two-Family
107-29 Union Hall Street Jamaica, NY 11433
107-29 Union Hall Street, Jamaica, NY, 11433
$799,000
Pending
For Sale
$799,000
Pending
Three-level, two-family semi-detached home with updated interiors, hardwood floors, and two assigned parking spaces.
Property Size2,250 SF
Lot Size0.07 Acres
Days on Market589
Property Features for 107-29 Union Hall Street
General Information
- Standard status
- Pending
- Size
- 2,250 SF
- Lot size
- 0.07 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1994
Listing agency
Compass Greater NY LLC
(516) 721-8357
Listed by
Rafael Jose CBR SFR SRS · License #10301219977
(516) 721-8357
Source
Exitrealty
Added: Dec 10, 2024 Updated: Jul 21 at 2:09AM Checked: Jul 22 at 7:22AM
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 Compass Greater NY LLC
Investment Insights
Based on property information with market context.
This three-level, two-family semi-detached home is in great condition and offers multiple updated living areas. The first floor includes two bedrooms, a kitchen, a full bath, a dining room, and a living room. The second floor is fully updated and features two bedrooms, a kitchen with stainless steel appliances, granite countertops with a kitchen peninsula, a full bath, a dining room, and a living room. The third floor provides a large bedroom with a walk-in closet, plus a full bath with a double vanity sink and additional space for storage. Gleaming hardwood floors run throughout the home.
Located in Jamaica, Queens, the property is near public transportation including the LIRR-Jamaica station, the E, J and Z subway trains, and the AirTrain to JFK, as well as bus stops. It is also described as being close to Liberty Ave, Guy R Brewer, schools, places of worship, restaurants, and shops.
The home includes approximately 3,000 square feet of living space and sits on a 28.77' x 111 lot, with two assigned parking spaces.
Located in Jamaica, Queens, the property is near public transportation including the LIRR-Jamaica station, the E, J and Z subway trains, and the AirTrain to JFK, as well as bus stops. It is also described as being close to Liberty Ave, Guy R Brewer, schools, places of worship, restaurants, and shops.
The home includes approximately 3,000 square feet of living space and sits on a 28.77' x 111 lot, with two assigned parking spaces.
Key Highlights
- 1994‑built three‑level, two‑family semi‑detached home with approximately 3,000 sq ft of living space
- 2 assigned parking spaces plus a 28.77' x 111 lot
- 1st floor: 2 bedrooms, kitchen, full bath, dining room, and living room
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 | $104.0k | $46.20 |
| − Vacancy | −$4.0k | −$1.76 |
| EGI | $100.0k | $44.44 |
| − OpEx | −$45.0k | −$20.00 |
| NOI | $55.0k | $24.44 |
2,250 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$785.7K
$687.5K – $916.7K
NOI $55,000 @ 7.0% cap · market cap 6.88%
Second Best
Multifamily LT 5
$532.0K
$465.5K – $620.7K
NOI $37,241 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,111 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-level, two-family semi-detached home with updated interiors, hardwood floors, and two assigned parking spaces.
Where is this duplex located?
The property is located at 107-29 Union Hall Street Jamaica, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1994‑built three‑level, two‑family semi‑detached home with approximately 3,000 sq ft of living space; 2 assigned parking spaces plus a 28.77' x 111 lot; 1st floor: 2 bedrooms, kitchen, full bath, dining room, and living room
