Duplex with Finished
New
For Sale
$789,000
10757 164th Street, Jamaica, NY 11433
The first floor has three bedrooms and two bathrooms, while the upper level provides two bedrooms and one bathroom.
Property Size1,252 SF
Lot Size0.05 Acres
Price / SF$630.19
Days on Market2
Property Features for 10757 164th Street
General Information
Standard status
Active
Size
1,252 SF
Lot size
0.05 Acres
Property subtype
Residential Income
Units
Unit Mix
3BR/2BA, 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,016
Amenities
First Floor Bedroom
Building Details
Building Size
1,252 SF
Year Built
1920
Units
2
Listing Agency:
Keller Williams Landmark II
Listed By:
Sheeba Rozario
(929) 424-6152
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 5:11PM
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 Keller Williams Landmark II
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Investment Insights
Based on property information with market context.
Built in 1920, this duplex is arranged as a two-family home with 1,252 square feet of property space. The first floor contains three bedrooms and two bathrooms; the second floor has two bedrooms and one bathroom. A finished basement adds to the building’s existing interior space.
Key Highlights
- Two‑family layout with 3 bedrooms and 2 bathrooms on the first floor
- Second floor has 2 bedrooms and 1 bathroom
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,604
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,080
$612.1K
Cap Rate 7%
$437,200
$437.2K
Cap Rate 9%
$340,044
$340.0K
Market Conditions
NOI Build-Up for 1,252 SF
Gross rent
$57.8K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$55.6K $44.44/SF
− OpEx
−$25.0K −$20.00/SF
NOI
$30.6K $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%
$612,080
Cap Rate 7%
$437,200
Cap Rate 9%
$340,044
Alternative Uses
Best Use
Apartment 5plus
$437.2K
$382.6K – $510.1K
NOI $30,604 @ 7.0% cap · market cap 3.88%
Second Best
Multifamily LT 5
$296.0K
$259.0K – $345.4K
NOI $20,723 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$923.0K
$807.6K – $1.08M
NOI $64,609 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,725
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The first floor has three bedrooms and two bathrooms, while the upper level provides two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 10757 164th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Two‑family layout with 3 bedrooms and 2 bathrooms on the first floor; Second floor has 2 bedrooms and 1 bathroom; Finished basement
