Two-Unit Duplex with
For Sale
$1,449,999
11551 208th Street, Cambria Heights, NY 11411
Two separate floors each provide four bedrooms, two full bathrooms, living and dining areas, and an eat-in kitchen.
Property Size3,200 SF
Price / SF$453.12
Days on Market29
Property Features for 11551 208th Street
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Duplex
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Amenities
laundry connections
private driveway
spacious backyard
Building Details
Year Built
1940
Listing Agency:
KNS Homes Inc
Listed By:
Kavita Singh · License #10311210661
(347) 543-0038
Source:
Neilcharlesrealestate
Added: Oct 6
Changed: Nov 3
Last Checked: Nov 3 at 8:30AM
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 KNS Homes Inc
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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.
Configured as a two-family duplex, the property contains approximately 3,200 sq. ft. across two floors. Each floor has four bedrooms, two full bathrooms, a living and dining area, and an eat-in kitchen, for a total of eight bedrooms and four bathrooms. Laundry connections are also provided.
The site includes a private driveway, a one-car garage, and a backyard.
The site includes a private driveway, a one-car garage, and a backyard.
Key Highlights
- Two‑floor duplex with 8 bedrooms and 4 full bathrooms
- Approximately 3,200 sq. ft. of interior space
- Each floor has an eat‑in kitchen and living and dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,222
Cap Rate
5.39%
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 5.39%
Second Best
Multifamily LT 5
$756.6K
$662.1K – $882.8K
NOI $52,965 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 11411, NY
19,579
Population
6,775
Households
2.9
Avg Household Size
45
Median Age
36%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
16,316
Density / Sq Mi
$118,393
Median Household Income
$52,378
Median Earnings
$1,605
Median Rent
$621,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate floors each provide four bedrooms, two full bathrooms, living and dining areas, and an eat-in kitchen.
Where is this duplex located?
The property is located at 11551 208th Street Cambria Heights, NY.
What is the asking price?
The asking price for this property is $1,449,999.
What are key features of this property?
This property features: Two‑floor duplex with 8 bedrooms and 4 full bathrooms; Approximately 3,200 sq. ft. of interior space; Each floor has an eat‑in kitchen and living and dining areas
