Triplex Residential
1132 McBride St, Far Rockaway, NY 11691
For Sale
$1,675,000
Constructed in 2019, the building has a documented build year for evaluating its physical profile.
Property Size3,087 SF
Price / SF$542.60
Days on Market30
Property Features for 1132 McBride St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Keller Williams Legendary
Listed By:
Lascia Kelly
(917) 288-6704
Source:
Searchhomesinlongisland
Added: Oct 10
Changed: Nov 7
Last Checked: Nov 7 at 4:17PM
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 Legendary
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This triplex residential property contains 3,087 square feet. The building was constructed in 2019.
Key Highlights
- Triplex classification
- 3,087 square feet of building area
- Built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,460
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,200
$1.5M
Cap Rate 7%
$1,078,000
$1.1M
Cap Rate 9%
$838,444
$838.4K
Market Conditions
NOI Build-Up for 3,087 SF
Gross rent
$142.6K $46.20/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$137.2K $44.44/SF
− OpEx
−$61.7K −$20.00/SF
NOI
$75.5K $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%
$1,509,200
Cap Rate 7%
$1,078,000
Cap Rate 9%
$838,444
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$943.3K – $1.26M
NOI $75,460 @ 7.0% cap · market cap 4.51%
Second Best
Multifamily LT 5
$729.9K
$638.7K – $851.6K
NOI $51,095 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,304 @ 7.0% cap · market cap 9.51%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Explore this area
Business Placement
Demographics for 11691, NY
64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Queens County, NY
Properties on Market for Triplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Constructed in 2019, the building has a documented build year for evaluating its physical profile.
Where is this triplex located?
The property is located at 1132 McBride St Far Rockaway, NY.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Triplex classification; 3,087 square feet of building area; Built in 2019
