Detached Duplex with Finished
For Sale
$1,170,000
1315 130th Street, College Point, NY 11356
Two-family home with private parking, a rear patio, and additional finished basement space.
Property Size1,680 SF
Days on Market74
Property Features for 1315 130th Street
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
3
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,385
Building Details
Building Size
1,680 SF
Year Built
1920
Buildings
1
Listing Agency:
Keller Williams Landmark II
Listed By:
Edith F. Fernandini CBR
Source:
Serhant
Added: Aug 6
Changed: Oct 16
Last Checked: Oct 16 at 4:36PM
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 detached duplex was built in 1920 on a 30' x 100' lot and offers a total of 5 bedrooms and 3 full bathrooms. The layout includes a full finished basement for additional living or recreational use, along with a private driveway accommodating up to 3 cars. A spacious rear patio provides outdoor space for gatherings and everyday use.
The property is located in College Point near schools, shopping, restaurants, parks, and public transportation. Its two-family configuration, substantial bedroom count, finished lower level, and on-site parking create a practical residential income property with flexible living space.
The property is located in College Point near schools, shopping, restaurants, parks, and public transportation. Its two-family configuration, substantial bedroom count, finished lower level, and on-site parking create a practical residential income property with flexible living space.
Key Highlights
- Detached two‑family home on a 30' x 100' lot
- 5 bedrooms and 3 full bathrooms
- Full finished basement for additional living or recreational space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,067
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,340
$821.3K
Cap Rate 7%
$586,671
$586.7K
Cap Rate 9%
$456,300
$456.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$77.6K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$74.7K $44.44/SF
− OpEx
−$33.6K −$20.00/SF
NOI
$41.1K $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%
$821,340
Cap Rate 7%
$586,671
Cap Rate 9%
$456,300
Alternative Uses
Best Use
Apartment 5plus
$586.7K
$513.3K – $684.5K
NOI $41,067 @ 7.0% cap · market cap 3.51%
Second Best
Multifamily LT 5
$397.2K
$347.6K – $463.5K
NOI $27,807 @ 7.0% cap · market cap 2.38%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,696 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with private parking, a rear patio, and additional finished basement space.
Where is this duplex located?
The property is located at 1315 130th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Detached two‑family home on a 30' x 100' lot; 5 bedrooms and 3 full bathrooms; Full finished basement for additional living or recreational space
