Triplex with Finished
126-09 101st Ave, Queens, NY 11419
For Sale
New
$1,390,000
Three apartments offer a combined six bedrooms and five bathrooms, with separate utility meters and two driveway parking spaces.
Property Size2,980 SF
Days on Market2
Property Features for 126-09 101st Ave
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
balcony
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Esquire Realty Ciaramella & Co
Listed By:
Brina Ciaramella · License NY #10491213703
(917) 257-1584
Source:
Elliman
Added: Nov 10
Last Checked: Nov 10 at 2:17PM
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 Esquire Realty Ciaramella & Co
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Investment Insights
Based on property information with market context.
Built in 2004, this three-family property contains three apartments: a one-bedroom, one-bathroom unit on the first floor; a two-bedroom, two-bathroom unit on the second; and a three-bedroom, two-bathroom unit on the third. The upper apartments each have a balcony. The property also includes a finished basement with two exterior entrances and a full garage. Kitchens and bathrooms have been renovated, and the building has four electric meters, three gas meters, three boilers, and three hot water heaters. It may be delivered vacant.
The property is at 126-09 101st Ave in Queens. Shopping, restaurants, schools, public transportation, and everyday amenities are noted nearby. The reported Walk Score is 92, Transit Score is 98, and Bike Score is 52.
The property is at 126-09 101st Ave in Queens. Shopping, restaurants, schools, public transportation, and everyday amenities are noted nearby. The reported Walk Score is 92, Transit Score is 98, and Bike Score is 52.
Key Highlights
- Three‑family building constructed in 2004
- Apartment mix: one 1‑bedroom/1‑bathroom, one 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom
- Finished basement with two exterior entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,638
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,760
$1.5M
Cap Rate 7%
$1,051,971
$1.1M
Cap Rate 9%
$818,200
$818.2K
Market Conditions
NOI Build-Up for 2,980 SF
Gross rent
$114.4K $38.40/SF
− Vacancy
−$9.2K −$3.10/SF
EGI
$105.2K $35.30/SF
− OpEx
−$31.6K −$10.59/SF
NOI
$73.6K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,760
Cap Rate 7%
$1,051,971
Cap Rate 9%
$818,200
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$920.5K – $1.23M
NOI $73,638 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$1.04M
$910.6K – $1.21M
NOI $72,844 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$2.20M
$1.92M – $2.56M
NOI $153,782 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Queens, NY
Properties on Market for Triplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer a combined six bedrooms and five bathrooms, with separate utility meters and two driveway parking spaces.
Where is this triplex located?
The property is located at 126-09 101st Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Three‑family building constructed in 2004; Apartment mix: one 1‑bedroom/1‑bathroom, one 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom; Finished basement with two exterior entrances
