Two-Family Duplex with
New
For Sale
$798,888
116-38 222nd Street, Cambria Heights, NY 11411
Residential Income, Cambria Heights, NY
Property Size1,900 SF
Lot Size0.09 Acres
Price / SF$420.47
Days on Market1
Property Features for 116-38 222nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 3
Parking features
Garage
Interior features
First Floor Full Bath
Basement
Full, Walk-Out Access, Partially Finished
Subdivision
QUEENS 04 WARD
Elementary school
Ps 136 Roy Wilkins
Middle school
Benjamin Franklin Hs-Finance-Info
High school
Cambria Heights Academy
Elementary school district
Queens 29
Middle school district
Queens 29
High school district
Queens 29
Directions
Google maps / Apple Maps / Waze
Standard status
Active
APN
11322-0052
Lot size
0.09 Acres
Additional Details
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
6206
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1930
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Voro LLC
(877) 943-8676
Listed By:
Abraham Ortiz PSA SFR
(347) 238-4035
Added: Nov 3
Last Checked: Nov 3 at 1:06PM
MLS# 1069787
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.
This two-family duplex contains approximately 1,900 square feet of living space on a 4,000-square-foot lot, or 0.092 acres. The first-floor apartment has two bedrooms and has been renovated; the second-floor apartment has three bedrooms. A full basement with its own entrance adds separate interior space. The property also has separate gas and electric meters, a long driveway, and a two-car garage. The building dates to 1930 and has vinyl siding and hardwood flooring.
Bus service is available near Linden Boulevard and 222nd Street, including routes to Jamaica Center and along Linden Boulevard. The Cross Island Parkway is accessible from the property. Farmbria by Food Bazaar and the Queens Public Library at Cambria Heights are a few blocks away on Linden Boulevard. The listing notes that there is no access to the second floor and that the property is being sold as is.
Bus service is available near Linden Boulevard and 222nd Street, including routes to Jamaica Center and along Linden Boulevard. The Cross Island Parkway is accessible from the property. Farmbria by Food Bazaar and the Queens Public Library at Cambria Heights are a few blocks away on Linden Boulevard. The listing notes that there is no access to the second floor and that the property is being sold as is.
Key Highlights
- Two‑family duplex with approximately 1,900 square feet of living space
- 0.092‑acre lot measuring 4,000 square feet
- First floor has a renovated two‑bedroom apartment; second floor has three bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,444
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,880
$928.9K
Cap Rate 7%
$663,486
$663.5K
Cap Rate 9%
$516,044
$516.0K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$87.8K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$84.4K $44.44/SF
− OpEx
−$38.0K −$20.00/SF
NOI
$46.4K $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%
$928,880
Cap Rate 7%
$663,486
Cap Rate 9%
$516,044
Alternative Uses
Best Use
Apartment 5plus
$663.5K
$580.6K – $774.1K
NOI $46,444 @ 7.0% cap · market cap 5.81%
Second Best
Multifamily LT 5
$449.3K
$393.1K – $524.1K
NOI $31,448 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,049 @ 7.0% cap · market cap 12.27%
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
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,120
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated two-bedroom first-floor apartment sits below a three-bedroom second-floor unit, with a separate-entry basement.
Where is this duplex located?
The property is located at 116-38 222nd Street Cambria Heights, NY.
What is the asking price?
The asking price for this property is $798,888.
What are key features of this property?
This property features: Two‑family duplex with approximately 1,900 square feet of living space; 0.092‑acre lot measuring 4,000 square feet; First floor has a renovated two‑bedroom apartment; second floor has three bedrooms
