Duplex with Detached
10740 164th St Unit 2, Jamaica, NY 11433
For Sale
New
$1,549,000
Separate attic access, a finished basement, and a private driveway add flexibility to this Jamaica residence.
Property Size2,875 SF
Price / SF$538.78
Days on Market7
Property Features for 10740 164th St Unit 2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
large backyard
finished basement
Building Details
Year Built
Listing Agency:
Max It Realty
Listed By:
Emu Shaha
(516) 472-8681
Source:
Searchhomesinlongisland
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 6:04PM
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 Max It Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,875-square-foot duplex, built in 1925, has two primary floors, each with four bedrooms, two bathrooms, and a kitchen. The attic has its own entrance and contains two bedrooms and one bathroom. A finished basement with two separate entrances adds further space. Interior and exterior features include hardwood flooring, updated electrical and plumbing, replacement windows, and siding. A long private driveway leads to a detached two-car garage, and the property also has a large backyard.
The property is in Jamaica, near public transportation.
The property is in Jamaica, near public transportation.
Key Highlights
- 2,875‑square‑foot duplex built in 1925
- Each of the first two floors has 4 bedrooms, 2 bathrooms, and a kitchen
- Attic has a separate entrance, 2 bedrooms, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,044
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,880
$1.4M
Cap Rate 7%
$1,014,914
$1.0M
Cap Rate 9%
$789,378
$789.4K
Market Conditions
NOI Build-Up for 2,875 SF
Gross rent
$110.4K $38.40/SF
− Vacancy
−$8.9K −$3.10/SF
EGI
$101.5K $35.30/SF
− OpEx
−$30.4K −$10.59/SF
NOI
$71.0K $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%
$1,420,880
Cap Rate 7%
$1,014,914
Cap Rate 9%
$789,378
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$888.1K – $1.18M
NOI $71,044 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$1.00M
$878.5K – $1.17M
NOI $70,278 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,364 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 11433, NY
39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Jamaica
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate attic access, a finished basement, and a private driveway add flexibility to this Jamaica residence.
Where is this duplex located?
The property is located at 10740 164th St Unit 2 Jamaica, NY.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: 2,875‑square‑foot duplex built in 1925; Each of the first two floors has 4 bedrooms, 2 bathrooms, and a kitchen; Attic has a separate entrance, 2 bedrooms, and 1 bathroom
