Newly Built Triplex with
10717 34th Ave, Queens, NY 11368
For Sale
$2,100,000
Pending
Three residences offer varied layouts, private laundry, dedicated systems, and contemporary finishes.
Property Size3,060 SF
Days on Market105
Property Features for 10717 34th Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
private rooftop
laundry room
Building Details
Building Size
Year Built
Buildings
Units
Tenancy
Listing Agency:
WINZONE REALTY INC.
Listed By:
Rongdan Chen
(646) 704-1222
Source:
Elliman
Added: Jul 30
Changed: Nov 7
Last Checked: Nov 10 at 9:51AM
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 WINZONE REALTY INC.
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Investment Insights
Based on property information with market context.
Newly constructed in 2025, this three-family residence features contemporary finishes, high ceilings, and a practical multi-unit layout. The first-floor unit includes 2 bedrooms, 2 full bathrooms, and an in-unit laundry room. The second- and third-floor units each offer 3 bedrooms and 2 full bathrooms, along with generous closet space and modern finishes.
A spacious basement provides a dedicated laundry room and abundant storage. Each unit has separate boilers and hot water tanks. The property also includes a private rooftop and 3 parking spaces. Located at 10717 34th Ave in Queens, the property has a Walk Score of 89, a Transit Score of 85, and a Bike Score of 70.
A spacious basement provides a dedicated laundry room and abundant storage. Each unit has separate boilers and hot water tanks. The property also includes a private rooftop and 3 parking spaces. Located at 10717 34th Ave in Queens, the property has a Walk Score of 89, a Transit Score of 85, and a Bike Score of 70.
Key Highlights
- Newly constructed three‑family residence completed in 2025
- First‑floor unit includes 2 bedrooms, 2 full bathrooms, and in‑unit laundry
- Second- and third‑floor units each include 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,615
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,300
$1.5M
Cap Rate 7%
$1,080,214
$1.1M
Cap Rate 9%
$840,167
$840.2K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$117.5K $38.40/SF
− Vacancy
−$9.5K −$3.10/SF
EGI
$108.0K $35.30/SF
− OpEx
−$32.4K −$10.59/SF
NOI
$75.6K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,300
Cap Rate 7%
$1,080,214
Cap Rate 9%
$840,167
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.2K – $1.26M
NOI $75,615 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$1.07M
$935.0K – $1.25M
NOI $74,800 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M
NOI $157,911 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,055
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
$751,700
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Queens, NY
Properties on Market for Triplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer varied layouts, private laundry, dedicated systems, and contemporary finishes.
Where is this triplex located?
The property is located at 10717 34th Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Newly constructed three‑family residence completed in 2025; First‑floor unit includes 2 bedrooms, 2 full bathrooms, and in‑unit laundry; Second- and third‑floor units each include 3 bedrooms and 2 full bathrooms
