Duplex with Finished
120-23 164th Street, Queens, NY 11434
For Sale
$949,000
A private side entrance serves the finished lower level, with outdoor space and driveway parking on site.
Property Size2,250 SF
Price / SF$421.78
Days on Market250
Property Features for 120-23 164th Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
No, No, On Street
Public Sewer, None, Natural Gas, None, Public, Natural Gas
Natural Gas
Square Feet
Finished, Full, Yes
1st Floor Bedrm, Eat in Kitchen, Primary Bathroom, Public
Yes
Eat-in Kitchen, Primary Bathroom, 1st Fl Master Bedroom
Eat in Kitchen, 1st Fl Master Bedroom
No
Brick, Frame
On Street
Building Details
Year Built
Listing Agency:
HomeSmart CrossIsland
Listed By:
Carlton L. Hines
(718) 341-9800
Source:
Compass
Added: Mar 3
Changed: Nov 6
Last Checked: Nov 6 at 3:17PM
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 HomeSmart CrossIsland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,250-square-foot duplex was built in 1990 and includes a full finished basement with its own side entrance. A backyard and private driveway add outdoor space and off-street parking. Interior features include an eat-in kitchen and a first-floor bedroom.
The property is near Sutphin Boulevard train station, with direct service to Manhattan. Connections to JFK International Airport and LaGuardia Airport are also accessible.
The property is near Sutphin Boulevard train station, with direct service to Manhattan. Connections to JFK International Airport and LaGuardia Airport are also accessible.
Key Highlights
- 2,250‑square‑foot duplex built in 1990
- Full finished basement with a private side entrance
- Backyard and private driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,000
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,000
$1.1M
Cap Rate 7%
$785,714
$785.7K
Cap Rate 9%
$611,111
$611.1K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$104.0K $46.20/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$100.0K $44.44/SF
− OpEx
−$45.0K −$20.00/SF
NOI
$55.0K $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%
$1,100,000
Cap Rate 7%
$785,714
Cap Rate 9%
$611,111
Alternative Uses
Best Use
Apartment 5plus
$785.7K
$687.5K – $916.7K
NOI $55,000 @ 7.0% cap · market cap 5.80%
Second Best
Multifamily LT 5
$532.0K
$465.5K – $620.7K
NOI $37,241 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,111 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Queens, NY
Properties on Market for Duplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A private side entrance serves the finished lower level, with outdoor space and driveway parking on site.
Where is this duplex located?
The property is located at 120-23 164th Street Queens, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 2,250‑square‑foot duplex built in 1990; Full finished basement with a private side entrance; Backyard and private driveway
