2-Family Duplex with
New
For Sale
$998,028
11620 130th Street, South Ozone Park, NY 11420
A finished basement adds two bedrooms, with a private driveway and one-car garage for added convenience.
Property Size1,296 SF
Price / SF$770.08
Days on Market4
Property Features for 11620 130th Street
General Information
Standard status
Active
Size
1,296 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,859
Amenities
First Floor Bedroom
Open Kitchen
Building Details
Building Size
1,296 SF
Year Built
1920
Units
2
Listing Agency:
Voro LLC
Listed By:
Nico Seepersaud · License #10401282940
(347) 952-4445
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
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 Voro LLC
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Investment Insights
Based on property information with market context.
This legal two-family home in South Ozone Park has 5 bedrooms and 3 full bathrooms, plus a finished basement with 2 additional bedrooms. A private driveway and one-car garage provide on-site parking. Built in 1920, the property is located at 11620 130th Street, South Ozone Park, NY 11420.
Public transportation, shopping, schools, and major highways are described as minutes away. The property is presented as a two-family residence with a finished basement.
Public transportation, shopping, schools, and major highways are described as minutes away. The property is presented as a two-family residence with a finished basement.
Key Highlights
- Legal two‑family property with 5 bedrooms and 3 full bathrooms
- Finished basement includes 2 additional bedrooms
- Private driveway and 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,680
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,600
$633.6K
Cap Rate 7%
$452,571
$452.6K
Cap Rate 9%
$352,000
$352.0K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$59.9K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$57.6K $44.44/SF
− OpEx
−$25.9K −$20.00/SF
NOI
$31.7K $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%
$633,600
Cap Rate 7%
$452,571
Cap Rate 9%
$352,000
Alternative Uses
Best Use
Apartment 5plus
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 3.17%
Second Best
Multifamily LT 5
$306.4K
$268.1K – $357.5K
NOI $21,451 @ 7.0% cap · market cap 2.15%
Theoretical Best
Office A
$955.4K
$836.0K – $1.11M
NOI $66,880 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Explore this area
Business Placement
Demographics for 11420, NY
47,383
Population
14,835
Households
3.2
Avg Household Size
40
Median Age
22%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
22,563
Density / Sq Mi
$98,584
Median Household Income
$45,571
Median Earnings
$2,032
Median Rent
$673,700
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 - A finished basement adds two bedrooms, with a private driveway and one-car garage for added convenience.
Where is this duplex located?
The property is located at 11620 130th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $998,028.
What are key features of this property?
This property features: Legal two‑family property with 5 bedrooms and 3 full bathrooms; Finished basement includes 2 additional bedrooms; Private driveway and 1‑car garage
