Four-Bedroom Duplex
For Sale
$1,298,000
108-18 63rd Drive, Forest Hills, NY 11375
Two separate living levels include kitchens, while a finished basement and private deck add usable space.
Property Size1,900 SF
Price / SF$683.16
Days on Market10
Property Features for 108-18 63rd Drive
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,132
Amenities
custom-built deck
Finished,Full
3
No
Yes
4
Crown Molding,Eat-in Kitchen,Natural Woodwork,Tile Counters
Finished, Full
Fenced
Public
2
Driveway, Garage, Open
1900
Building Details
Building Size
1,900 SF
Year Built
1945
Stories
2
Listing Agency:
Keller Williams Rlty Landmark
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 2:45PM
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 Rlty Landmark
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Investment Insights
Based on property information with market context.
This 1,900-square-foot duplex in Forest Hills has two bedrooms on each floor. The first level features a renovated kitchen with stainless-steel appliances, hardwood flooring, and access to a finished basement. A private deck extends the living area outdoors. Upstairs, a spacious living room, eat-in kitchen, and full bathroom complement the two-bedroom layout; hardwood flooring lies beneath the carpeting.
The property was built in 1945 and has a fenced exterior, driveway, and garage. Nearby neighborhood amenities listed include schools, shopping, restaurants, public transportation, parks, and houses of worship.
The property was built in 1945 and has a fenced exterior, driveway, and garage. Nearby neighborhood amenities listed include schools, shopping, restaurants, public transportation, parks, and houses of worship.
Key Highlights
- 1,900‑square‑foot duplex with two bedrooms on each floor
- Finished basement adds interior space
- Renovated first‑floor kitchen with stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,444
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,880
$928.9K
Cap Rate 7%
$663,486
$663.5K
Cap Rate 9%
$516,044
$516.0K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$87.8K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$84.4K $44.44/SF
− OpEx
−$38.0K −$20.00/SF
NOI
$46.4K $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%
$928,880
Cap Rate 7%
$663,486
Cap Rate 9%
$516,044
Alternative Uses
Best Use
Apartment 5plus
$663.5K
$580.6K – $774.1K
NOI $46,444 @ 7.0% cap · market cap 3.58%
Second Best
Multifamily LT 5
$449.3K
$393.1K – $524.1K
NOI $31,448 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,049 @ 7.0% cap · market cap 7.55%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 11375, NY
72,851
Population
35,415
Households
2.1
Avg Household Size
43
Median Age
61%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
30,355
Density / Sq Mi
$104,319
Median Household Income
$75,149
Median Earnings
$2,126
Median Rent
$572,800
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 living levels include kitchens, while a finished basement and private deck add usable space.
Where is this duplex located?
The property is located at 108-18 63rd Drive Forest Hills, NY.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: 1,900‑square‑foot duplex with two bedrooms on each floor; Finished basement adds interior space; Renovated first‑floor kitchen with stainless‑steel appliances
