Duplex with Finished
New
For Sale
$1,628,000
107-38 Inwood Street, Jamaica, NY 11435
Two separate residences provide an eight-bedroom layout with shared living and dining space.
Property Size1,872 SF
Price / SF$869.66
Days on Market2
Property Features for 107-38 Inwood Street
General Information
Standard status
Active
Size
1,872 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,059
Amenities
First Floor Bedroom
Eat-in Kitchen
Building Details
Building Size
1,872 SF
Year Built
1920
Buildings
1
Units
2
Listing Agency:
Success King Realty
Listed By:
Dolores D. Calle CBR
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 4:13PM
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 Success King Realty
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Investment Insights
Based on property information with market context.
This duplex in Jamaica contains 1,872 square feet and was built in 1920. Its eight bedrooms are complemented by two full bathrooms and one half bathroom, along with a living and dining area and an eat-in kitchen. A finished basement, attic, and private driveway are also part of the property.
The home is near train service and shopping. Its room count and existing two-family configuration provide the defining features of this residential income property.
The home is near train service and shopping. Its room count and existing two-family configuration provide the defining features of this residential income property.
Key Highlights
- Eight bedrooms, two full bathrooms, and one half bathroom
- 1,872‑square‑foot two‑family home built in 1920
- Finished basement, attic, and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,760
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,200
$915.2K
Cap Rate 7%
$653,714
$653.7K
Cap Rate 9%
$508,444
$508.4K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$86.5K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$83.2K $44.44/SF
− OpEx
−$37.4K −$20.00/SF
NOI
$45.8K $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%
$915,200
Cap Rate 7%
$653,714
Cap Rate 9%
$508,444
Alternative Uses
Best Use
Apartment 5plus
$653.7K
$572.0K – $762.7K
NOI $45,760 @ 7.0% cap · market cap 2.81%
Second Best
Multifamily LT 5
$442.6K
$387.3K – $516.4K
NOI $30,985 @ 7.0% cap · market cap 1.90%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,604 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,551
Businesses Nearby
Explore this area
Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
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 separate residences provide an eight-bedroom layout with shared living and dining space.
Where is this duplex located?
The property is located at 107-38 Inwood Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Eight bedrooms, two full bathrooms, and one half bathroom; 1,872‑square‑foot two‑family home built in 1920; Finished basement, attic, and eat‑in kitchen
