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Four-Floor Duplex
New
For Sale
$1,290,000

114-63 Dalian Court, College Point, NY 11356

Residential Income, College Point, NY

Property Size3,200 SF
Lot Size0.03 Acres
Price / SF$403.13
Days on Market2

Property Features for 114-63 Dalian Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bathroom 4
Parking 2
Parking features Assigned
Interior features Granite Counters, Natural Woodwork, Open Floorplan, Open Kitchen, Washer/Dryer Hookup
Basement Finished, Full, Walk-Out Access
View Water
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Directions Between 9th Ave and 115th Street
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10576

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

enclosed balcony
central AC
central heating
granite counter tops
hardwood floors
Andersen windows
washer and dryer in unit

Building Details

Year built 2001
Number of units 2
Flooring type Hardwood
Building materials Block, Brick
Listing Agency: Century Homes Realty Group LLC · EXIT Realty
Listed By: Ying Jian Fung
Added: Oct 18 Changed: Oct 19 Last Checked: Oct 19 at 3:06PM
MLS# 1064162

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2001, this brick duplex is arranged across four floors. Its finished walk-in basement connects to a private backyard, while each above-ground level has an enclosed balcony. Interior features include hardwood floors, granite countertops, natural woodwork, and a washer and dryer. Central air conditioning and natural-gas heating serve the property.

The 0.0321-acre property is in College Point, Queens. Two separate gas and electric meters are installed, the current leases are month to month, and two assigned parking spaces are included.

Key Highlights

  • Brick, two‑family duplex built in 2001
  • Four‑floor layout with a finished walk‑in basement
  • Private backyard accessible from the basement

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 (±1% cap)
NOI $78,222 @ 7.0% cap · market cap 6.06%
Second Best
Multifamily LT 5
$756.6K
$662.1K – $882.8K (±1% cap)
NOI $52,965 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M (±1% cap)
NOI $165,135 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - A finished basement opens to a private backyard, and enclosed balconies extend the living space on each above-ground floor.
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: Brick, two‑family duplex built in 2001; Four‑floor layout with a finished walk‑in basement; Private backyard accessible from the basement
More about this property
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