2-Unit Duplex with
10754 128th Street, Richmond Hill, NY 11419
For Sale
$839,000
Two apartments offer a one-bedroom layout above a separate two-bedroom residence.
Property Size1,280 SF
Price / SF$655.47
Days on Market38
Property Features for 10754 128th Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
Building Details
Building Size
Year Built
Units
Listing Agency:
Karl Mohan Realty Group Inc
(718) 322-8989
Listed By:
Karl Mohan · License #1030539
(917) 592-2050
Source:
Clairedleone
Added: Oct 1
Changed: Nov 7
Last Checked: Nov 7 at 2:06PM
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 Karl Mohan Realty Group Inc
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 1,280-square-foot duplex, built in 1920, contains two apartments: a one-bedroom unit above a two-bedroom unit. A full basement is included. Updated kitchens and bathrooms, gas heat, hardwood flooring, and natural light are among the property’s interior features.
The property has a shared driveway and is near shopping, schools, public transportation, parks, and major roadways.
The property has a shared driveway and is near shopping, schools, public transportation, parks, and major roadways.
Key Highlights
- Two‑apartment layout: one‑bedroom unit above a two‑bedroom unit
- 1,280 square feet; built in 1920
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,289
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,780
$625.8K
Cap Rate 7%
$446,986
$447.0K
Cap Rate 9%
$347,656
$347.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$59.1K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$56.9K $44.44/SF
− OpEx
−$25.6K −$20.00/SF
NOI
$31.3K $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%
$625,780
Cap Rate 7%
$446,986
Cap Rate 9%
$347,656
Alternative Uses
Best Use
Apartment 5plus
$447.0K
$391.1K – $521.5K
NOI $31,289 @ 7.0% cap · market cap 3.73%
Second Best
Multifamily LT 5
$302.7K
$264.8K – $353.1K
NOI $21,186 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$943.6K
$825.7K – $1.10M
NOI $66,054 @ 7.0% cap · market cap 7.87%
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
2,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
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 Richmond Hill
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer a one-bedroom layout above a separate two-bedroom residence.
Where is this duplex located?
The property is located at 10754 128th Street Richmond Hill, NY.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Two‑apartment layout: one‑bedroom unit above a two‑bedroom unit; 1,280 square feet; built in 1920; Full basement
