Two-Family Home with Finished
For Sale
$1,180,000
Pending
1316 130th Street, College Point, NY 11356
Duplex with a separate-entry basement and private off-street parking in College Point.
Property Size1,388 SF
Days on Market48
Property Features for 1316 130th Street
General Information
Standard status
Pending
Size
1,388 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,654
Amenities
finished basement
Building Details
Building Size
1,388 SF
Year Built
1930
Listing Agency:
E Realty International Corp
Listed By:
Liang Liu
(347) 888-3333
Source:
Barbieliteam
Added: Sep 1
Changed: Oct 13
Last Checked: Oct 16 at 5:12PM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
This 1930 duplex offers a two-family configuration with 5 bedrooms and 3 full bathrooms. The finished basement has its own entrance and adds flexible space for recreation, storage, or other permitted uses. A private driveway provides parking for up to 2 cars.
The property is located in College Point, Queens, with access to shopping, dining, parks, public transportation, and major roadways. Its multi-family layout supports both owner occupancy and investment use, subject to applicable requirements.
The property is located in College Point, Queens, with access to shopping, dining, parks, public transportation, and major roadways. Its multi-family layout supports both owner occupancy and investment use, subject to applicable requirements.
Key Highlights
- Two‑family property with 5 bedrooms and 3 full bathrooms
- Finished basement with a separate entrance
- Private driveway accommodates up to 2 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,929
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,580
$678.6K
Cap Rate 7%
$484,700
$484.7K
Cap Rate 9%
$376,989
$377.0K
Market Conditions
NOI Build-Up for 1,388 SF
Gross rent
$64.1K $46.20/SF
− Vacancy
−$2.4K −$1.76/SF
EGI
$61.7K $44.44/SF
− OpEx
−$27.8K −$20.00/SF
NOI
$33.9K $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%
$678,580
Cap Rate 7%
$484,700
Cap Rate 9%
$376,989
Alternative Uses
Best Use
Apartment 5plus
$484.7K
$424.1K – $565.5K
NOI $33,929 @ 7.0% cap · market cap 2.88%
Second Best
Multifamily LT 5
$328.2K
$287.2K – $382.9K
NOI $22,974 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$1.02M
$895.3K – $1.19M
NOI $71,627 @ 7.0% cap · market cap 6.07%
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
1,630
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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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 - Duplex with a separate-entry basement and private off-street parking in College Point.
Where is this duplex located?
The property is located at 1316 130th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Two‑family property with 5 bedrooms and 3 full bathrooms; Finished basement with a separate entrance; Private driveway accommodates up to 2 cars
