Brick Duplex with Assigned
New
For Sale
$1,290,000
114-63 Dalian Court, College Point, NY 11356
Four floors include a finished basement, private backyard, and separate electric and gas meters.
Property Size3,200 SF
Price / SF$403.13
Days on Market3
Property Features for 114-63 Dalian Court
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,576
Amenities
enclosed balcony
central AC and heating
granite counter tops
hardwood floors
Andersen windows and sliding doors
washer and dryer in unit
private backyard
walk-in basement
Building Details
Building Size
3,200 SF
Year Built
2001
Buildings
1
Stories
4
Construction
brick
Listing Agency:
Century Homes Realty Group LLC
Listed By:
Ying Jian Fung
(917) 528-2186
Source:
Barbieliteam
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 11:08PM
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 Century Homes Realty Group LLC
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Investment Insights
Based on property information with market context.
Built in 2001, this brick duplex contains 3,200 square feet across four floors, including a finished walk-in basement with access to a private backyard. Enclosed balconies appear on each above-ground floor. Interior features include hardwood floors, granite countertops, Andersen windows and sliding doors, and an in-unit washer and dryer. Central heating and air conditioning serve the property, and recent updates include a roof and water heaters. Two assigned parking spaces are included.
The property has separate electric and gas meters for each residence. Both units are currently leased month to month. It is in a waterfront community near a park, public transit, retail, highways, bridges, and airports.
The property has separate electric and gas meters for each residence. Both units are currently leased month to month. It is in a waterfront community near a park, public transit, retail, highways, bridges, and airports.
Key Highlights
- Duplex spans four floors and totals 3200 SQF
- Finished walk‑in basement with access to a private backyard
- Enclosed balcony on each above‑ground floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,222
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,440
$1.6M
Cap Rate 7%
$1,117,457
$1.1M
Cap Rate 9%
$869,133
$869.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$147.8K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$142.2K $44.44/SF
− OpEx
−$64.0K −$20.00/SF
NOI
$78.2K $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%
$1,564,440
Cap Rate 7%
$1,117,457
Cap Rate 9%
$869,133
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$977.8K – $1.30M
NOI $78,222 @ 7.0% cap · market cap 6.06%
Second Best
Multifamily LT 5
$756.6K
$662.1K – $882.8K
NOI $52,965 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
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 - Four floors include a finished basement, private backyard, and separate electric and gas meters.
Where is this duplex located?
The property is located at 114-63 Dalian Court College Point, NY.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Duplex spans four floors and totals 3200 SQF; Finished walk‑in basement with access to a private backyard; Enclosed balcony on each above‑ground floor
