Two-Family Duplex with
New
For Sale
$1,195,000
13032 128th Street, South Ozone Park, NY 11420
The property occupies a 50-by-100-foot lot and includes a garage.
Property Size2,530 SF
Lot Size0.11 Acres
Price / SF$472.33
Days on Market1
Property Features for 13032 128th Street
General Information
Standard status
Active
Size
2,530 SF
Lot size
0.11 Acres
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
fixer upper
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,492
Amenities
garage
First Floor Bedroom
Building Details
Building Size
2,530 SF
Year Built
1930
Units
2
Listing Agency:
Keller Williams Landmark II
Listed By:
Fred Kolsin
(347) 846-1200
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 3:57PM
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 Keller Williams Landmark II
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Investment Insights
Based on property information with market context.
This two-family duplex contains 2,530 square feet and includes a garage. Built in 1930, the property sits on a 50-by-100-foot lot.
Located at 13032 128th Street in South Ozone Park, the property is offered for sale.
Located at 13032 128th Street in South Ozone Park, the property is offered for sale.
Key Highlights
- Two‑family duplex
- 2,530 square feet
- 50‑by‑100‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,844
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,880
$1.2M
Cap Rate 7%
$883,486
$883.5K
Cap Rate 9%
$687,156
$687.2K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$116.9K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$112.4K $44.44/SF
− OpEx
−$50.6K −$20.00/SF
NOI
$61.8K $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%
$1,236,880
Cap Rate 7%
$883,486
Cap Rate 9%
$687,156
Alternative Uses
Best Use
Apartment 5plus
$883.5K
$773.1K – $1.03M
NOI $61,844 @ 7.0% cap · market cap 5.18%
Second Best
Multifamily LT 5
$598.2K
$523.5K – $697.9K
NOI $41,876 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,560 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,357
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property occupies a 50-by-100-foot lot and includes a garage.
Where is this duplex located?
The property is located at 13032 128th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two‑family duplex; 2,530 square feet; 50‑by‑100‑foot lot
