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Newly Renovated Duplex
For Sale
$915,000

132-20 82nd Street, Ozone Park, NY 11417

MULTI_FAMILY - Ozone Park, NY

Property Size1,288 SF
Lot Size0.05 Acres
Price / SF$710.40
Days on Market113

Property Features for 132-20 82nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 4
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Interior features Stove
Basement Full, Finished
Subdivision Ozone Park
Standard status Active
Size 1,288 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6700

Building Details

Year built 1940
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: Metro Realty Professionals
Listed By: Jian Yang (Carey)
Added: Apr 15 Changed: Aug 3 Last Checked: Aug 5 at 4:06AM
MLS# 500539

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly renovated two-family brick duplex built in 1940, designed with a functional layout across two units. The home features a modernized interior with hardwood and tile flooring, a flat roof, and a stove in the interior features list. The first level includes a living area, newly installed kitchen elements including a gas stove and range hood with granite countertops, a modern half bathroom, and oak staircases leading to the main-floor bedroom layout with three bedrooms and a full bathroom. The second-floor unit offers a living room, an oversized bedroom with double closets, a newly installed modern kitchen with granite countertops and a range hood, plus a modern 3/4 bathroom.

Set on a 0.0503-acre lot at 132-20 82nd Street in Ozone Park, Queens, the property has shared driveway access and a large private backyard that fits two to three cars. Nearby conveniences include supermarkets, restaurants, banks, laundry, schools, and everyday essentials, and the A train is within a short distance. Resorts World Casino Hotel is about two miles away.

Key Highlights

  • Newly renovated two‑family brick duplex built in 1940
  • 0.0503‑acre lot with shared driveway and private backyard for two to three cars
  • 1,288 SF total size with hardwood and tile flooring

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.5k $46.20
− Vacancy −$2.3k −$1.76
EGI $57.2k $44.44
− OpEx −$25.8k −$20.00
NOI $31.5k $24.44
1,288 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$449.8K
$393.6K – $524.7K (±1% cap)
NOI $31,484 @ 7.0% cap · market cap 3.44%
Second Best
Multifamily LT 5
$304.5K
$266.5K – $355.3K (±1% cap)
NOI $21,318 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$949.5K
$830.8K – $1.11M (±1% cap)
NOI $66,467 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,153
Businesses Nearby

Demographics for 11417, NY

31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly renovated two-family brick duplex in zoning R4-1 with a shared driveway and private backyard.
Where is this duplex located?
The property is located at 132-20 82nd Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Newly renovated two‑family brick duplex built in 1940; 0.0503‑acre lot with shared driveway and private backyard for two to three cars; 1,288 SF total size with hardwood and tile flooring
More about this property
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