Two-Unit Duplex with Full
130-30 126th St, South Ozone Park, NY 11420
For Sale
$799,900
The largely finished dwelling includes a basement and was built in 2007.
Property Size1,892 SF
Price / SF$422.78
Days on Market17
Property Features for 130-30 126th St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Stories
Listing Agency:
Island Advantage Realty LLC
Listed By:
Todd A. Yovino · License NY 49YO0956714
(631) 351-6000
Source:
Searchhomesinlongisland
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 7:08AM
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 Island Advantage Realty LLC
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Investment Insights
Based on property information with market context.
This two-unit duplex was built in 2007 and contains 1,892 square feet. The two-story building has a full basement and is largely finished. A final certificate of occupancy has not been obtained.
Key Highlights
- Two units in a two‑story duplex
- 1,892‑square‑foot building with a full basement
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,753
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,060
$935.1K
Cap Rate 7%
$667,900
$667.9K
Cap Rate 9%
$519,478
$519.5K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$72.7K $38.40/SF
− Vacancy
−$5.9K −$3.10/SF
EGI
$66.8K $35.30/SF
− OpEx
−$20.0K −$10.59/SF
NOI
$46.8K $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%
$935,060
Cap Rate 7%
$667,900
Cap Rate 9%
$519,478
Alternative Uses
Best Use
Multifamily LT 5
$667.9K
$584.4K – $779.2K
NOI $46,753 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$660.7K
$578.1K – $770.8K
NOI $46,249 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,636 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,492
Businesses Nearby
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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
$673,700
Median Home Value
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Market
Average Price Trend$/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 - The largely finished dwelling includes a basement and was built in 2007.
Where is this duplex located?
The property is located at 130-30 126th St South Ozone Park, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two units in a two‑story duplex; 1,892‑square‑foot building with a full basement; Built in 2007
