Detached Duplex With Full
11628 134th Street, South Ozone Park, NY 11420
For Sale
$949,999
Two-family layout includes a full basement and offers a renovation project for an owner-occupant.
Property Size1,896 SF
Price / SF$501.05
Days on Market65
Property Features for 11628 134th Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Open Floorplan
Storage
Building Details
Building Size
Year Built
Units
Listing Agency:
Dexter A Laughton
(718) 705-4403
Listed By:
Sharon D. Bowrey
(917) 604-8443
Source:
Croninreale
Added: Sep 5
Changed: Nov 7
Last Checked: Nov 7 at 8:13PM
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 Dexter A Laughton
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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.
This detached two-family property contains 1,896 square feet and includes a full basement. Built in 1955, the building requires updating, providing an opportunity to renovate the existing space.
The property is near an airport. Its two-family configuration and basement are the principal physical features.
The property is near an airport. Its two-family configuration and basement are the principal physical features.
Key Highlights
- Detached two‑family property
- Full basement
- 1,896 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,347
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,940
$926.9K
Cap Rate 7%
$662,100
$662.1K
Cap Rate 9%
$514,967
$515.0K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$87.6K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$84.3K $44.44/SF
− OpEx
−$37.9K −$20.00/SF
NOI
$46.3K $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%
$926,940
Cap Rate 7%
$662,100
Cap Rate 9%
$514,967
Alternative Uses
Best Use
Apartment 5plus
$662.1K
$579.3K – $772.5K
NOI $46,347 @ 7.0% cap · market cap 4.88%
Second Best
Multifamily LT 5
$448.3K
$392.3K – $523.0K
NOI $31,382 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,843 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,240
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
$673,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in South Ozone Park, NY
Properties on Market for Duplexes in South Ozone Park
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family layout includes a full basement and offers a renovation project for an owner-occupant.
Where is this duplex located?
The property is located at 11628 134th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Detached two‑family property; Full basement; 1,896 square feet
