New Saint Albans Two-Family
121-09 195th Street, Saint Albans, NY 11413
MULTI_FAMILY - Contemporary - Saint Albans, NY
Property size:
2,700 SFLot size:
0.06 Acres- Added:
- Feb 7, 2025
- Days on Market:
- 506
- Last Refresh:
- Jun 28 at 9:06 am
Property Features for 121-09 195th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 5, Basement, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 1
- Parking
- 4
- Parking features
- Driveway, Covered, Garage
- Security features
- Security System
- Window features
- Storm Window(s), Insulated Windows, ENERGY STAR Qualified WIndows
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Ceilings, Primary Bathroom, Open Floorplan, Open Kitchen, Pantry, Quartz/Quartzite Counters, Recessed Lighting, Washer/Dryer Hookup
- Exterior features
- Balcony
- Basement
- Full, Finished, Walk-Out Access
- Standard status
- Pending
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3115
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Energy Star Qualified Equipment (Heating), Natural Gas, Radiant, Radiant Floor
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2024
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick, Frame, Stucco
- Architectural style
- Contemporary
Listing agent Derek J. Greene License #SBR004802 (860) 560-1006
Listing office Greene Realty Group 4 Field Way, Worcester, NY (860) 560-1006
Listing date Feb 7, 2025
MLS# 820360
Listing URL
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.
HighLights
- New construction (2024) custom built 2‑family home with approx. 2,700+ sq ft of living space
- 6 bedrooms and 5 bathrooms, including a first‑floor bedroom and first‑floor full bath
- Radiant floor heating throughout with energy‑efficient tankless water heaters (2) and 3 electric + 2 gas meters
- Hardwood floors on first and second floors, plus tile flooring and high ceilings
- Second floor features vaulted ceilings and a private balcony
- 900 sq ft finished basement with 9‑ft ceilings, full bathroom, and its own OSE; long private driveway and 300 sq ft brick garage
Overview
This new construction two-family home, nearing completion, offers over 2700 square feet of living space on a quiet, tree-lined block. The property features 6 bedrooms and 5 bathrooms, all equipped with floor radiant heat. Hardwood floors extend throughout the first and second floors. The second floor includes vaulted ceilings and a private balcony. The building is equipped with fire sprinklers throughout. There are 3 electric and 2 gas meters, along with 2 high-energy-efficient tankless water heaters. The fully finished 900 square foot basement has 9-foot ceilings, a full bathroom, and its own outside entrance. A long, private driveway leads to a separate 300 square foot brick garage. Situated on a 0.057-acre lot in Saint Albans, Queens, this property is suitable for multi-generational living or as an investment property with income potential and low maintenance. The property is located in Saint Albans, NY 11413.
Local 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 | $124.7k | $46.20 |
| − Vacancy | −$4.7k | −$1.76 |
| EGI | $120.0k | $44.44 |
| − OpEx | −$54.0k | −$20.00 |
| NOI | $66.0k | $24.44 |
2,700 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$942.9K
$825.0K – $1.10M
NOI $66,000 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$638.4K
$558.6K – $744.8K
NOI $44,689 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,333 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Saint Albans
- County
- Queens
- State
- New York
- Longitude
- -73.767181
- Latitude
- 40.715854
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - New construction two-family home with modern amenities and income potential.
Where is this duplex located?
The property is located at 121-09 195th Street Saint Albans, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: New construction (2024) custom built 2‑family home with approx. 2,700+ sq ft of living space; 6 bedrooms and 5 bathrooms, including a first‑floor bedroom and first‑floor full bath; Radiant floor heating throughout with energy‑efficient tankless water heaters (2) and 3 electric + 2 gas meters
