Two-Family Duplex With Detached
For Sale
$899,000
12069 132nd Street, South Ozone Park, NY 11420
Two residential units have private access and separately metered utilities.
Property Size1,419 SF
Days on Market15
Property Features for 12069 132nd Street
General Information
Standard status
Active
Size
1,419 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,337
Building Details
Building Size
1,419 SF
Year Built
1920
Buildings
2
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Revenue Realty LLC
(347) 992-2741
Listed By:
Avinash Dilchand
(347) 992-2741
Source:
Cohenandcohenrealty
Added: Jul 21
Changed: Aug 3
Last Checked: Aug 4 at 12:44PM
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 Revenue Realty LLC
Investment Insights
Based on property information with market context.
This 1920-built duplex contains two residential units, each arranged with two bedrooms, one bathroom, a living room, and an eat-in kitchen. The upper residence includes attic storage access and a private balcony, while the main-level unit has an updated eat-in kitchen. A finished basement adds multipurpose rooms and a separate exterior entrance.
The property also includes a detached garage and a generously sized backyard. Separate gas and electric meters serve the two units, and each level has its own private entrance. Recent property improvements include a new roof, water heater, and perimeter fencing.
Located at 12069 132nd Street in South Ozone Park, the duplex is near local shops, restaurants, public transit, and major highways. John F. Kennedy International Airport is a short drive away.
The property also includes a detached garage and a generously sized backyard. Separate gas and electric meters serve the two units, and each level has its own private entrance. Recent property improvements include a new roof, water heater, and perimeter fencing.
Located at 12069 132nd Street in South Ozone Park, the duplex is near local shops, restaurants, public transit, and major highways. John F. Kennedy International Airport is a short drive away.
Key Highlights
- Two‑family duplex with two‑bedroom, one‑bath units
- Separate private entrances for both residential levels
- Independent gas and electric meters for each unit
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.6k | $46.20 |
| − Vacancy | −$2.5k | −$1.76 |
| EGI | $63.1k | $44.44 |
| − OpEx | −$28.4k | −$20.00 |
| NOI | $34.7k | $24.44 |
1,419 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$495.5K
$433.6K – $578.1K
NOI $34,687 @ 7.0% cap · market cap 3.86%
Second Best
Multifamily LT 5
$335.5K
$293.6K – $391.5K
NOI $23,487 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.05M
$915.3K – $1.22M
NOI $73,227 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,192
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units have private access and separately metered utilities.
Where is this duplex located?
The property is located at 12069 132nd Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family duplex with two‑bedroom, one‑bath units; Separate private entrances for both residential levels; Independent gas and electric meters for each unit
