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Duplex With Finished Basement

10833 164th Street, Jamaica, NY 11433

For Sale
New
$1,300,000
Pending

The two-family residence offers six bedrooms and five bathrooms, with additional finished space below grade.

Property Size2,362 SF
Days on Market3

Property Features for 10833 164th Street

General Information

Standard status Pending
Size 2,362 SF
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Multifamily Units 2

Amenities

central air conditioning
security cameras
finished basement
laundry room
jacuzzi tubs
designer ceilings
chandeliers
entertainment area
Finished,Full,See Remarks,Walk-Out Access
Hardwood
5
Yes
6
ENERGY STAR Qualified Windows,Insulated Windows,New Windows
First Floor Bedroom,First Floor Full Bath,Built-in Features,Eat-in Kitchen,Natural Woodwork,Open Kitchen,Quartz/Quartzite Counters,Recessed Lighting,Sound System,Speakers
Finished, Full, See Remarks, Walk-Out Access
Public
No
Attached, Carport, Covered, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Private
Slab
2362

Building Details

Building Size 2,362 SF
Year Built 2026
Buildings 1
Listing Agency:
Listed By: James Schunk
Source: Schunkrealtygroup
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 8 at 4:24PM

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 James Schunk

Rey
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Investment Insights

Based on property information with market context.

Built in 2026, this duplex provides 2,362 square feet of living space with six bedrooms and five bathrooms. The interior includes hardwood flooring, quartz or quartzite counters, an open kitchen, recessed lighting, and first-floor bedroom and full-bath features. Central air conditioning and security cameras are also included; two bathrooms have jacuzzi tubs.

A finished, walk-out basement adds living space, a full bathroom, and a dedicated laundry room. The property has an attached two-car garage as well as a second two-car garage in the basement. Exterior features include an electric vehicle charging station.

Key Highlights

  • 2,362 square feet of living space
  • Six bedrooms and five bathrooms, including two bathrooms with jacuzzi tubs
  • Finished walk‑out basement with living space, full bathroom, and dedicated laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,367
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,167,340 $1.2M
Cap Rate 7%
$833,814 $833.8K
Cap Rate 9%
$648,522 $648.5K
Market Conditions
NOI Build-Up for 2,362 SF
Gross rent
$90.7K $38.40/SF
− Vacancy
−$7.3K −$3.10/SF
EGI
$83.4K $35.30/SF
− OpEx
−$25.0K −$10.59/SF
NOI
$58.4K $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%
$1,167,340
Cap Rate 7%
$833,814
Cap Rate 9%
$648,522

Alternative Uses

Best Use
Multifamily LT 5
$833.8K
$729.6K – $972.8K (±1% cap)
NOI $58,367 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$824.8K
$721.7K – $962.3K (±1% cap)
NOI $57,738 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,891 @ 7.0% cap · market cap 9.38%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,725
Businesses Nearby

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
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Market

Properties on Market for Duplexes in Jamaica

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-family residence offers six bedrooms and five bathrooms, with additional finished space below grade.
Where is this duplex located?
The property is located at 10833 164th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2,362 square feet of living space; Six bedrooms and five bathrooms, including two bathrooms with jacuzzi tubs; Finished walk‑out basement with living space, full bathroom, and dedicated laundry room
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