Two-Family Colonial
13214 Farmers Boulevard, Saint Albans, NY 11434
For Sale
$1,200,000
Pending
Two three-bedroom apartments provide separate living areas, with an unfinished basement and private driveway.
Property Size2,600 SF
Days on Market10
Property Features for 13214 Farmers Boulevard
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Full,Unfinished
Carpet,Tile
2
Yes
6
Open Floorplan
Full, Unfinished
Public
No
Driveway
2600
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Johnson Elite R E Group Inc
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Changed: Nov 7
Last Checked: Nov 8 at 4:58PM
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 Johnson Elite R E Group Inc
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Investment Insights
Based on property information with market context.
This two-family Colonial contains 2,600 square feet, arranged as two apartments with three bedrooms and one full bath on each level. Both floors have open-concept living, dining, and kitchen areas. A full, unfinished basement provides additional storage space, and the property has a private driveway.
Built in 1989, the residence is located near JFK Airport, major highways, schools, parks, and neighborhood amenities.
Built in 1989, the residence is located near JFK Airport, major highways, schools, parks, and neighborhood amenities.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 full bath
- 2,600 square feet in a two‑family Colonial
- Open‑concept living, dining, and kitchen areas on both floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,248
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,284,960
$1.3M
Cap Rate 7%
$917,829
$917.8K
Cap Rate 9%
$713,867
$713.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$99.8K $38.40/SF
− Vacancy
−$8.1K −$3.10/SF
EGI
$91.8K $35.30/SF
− OpEx
−$27.5K −$10.59/SF
NOI
$64.2K $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%
$1,284,960
Cap Rate 7%
$917,829
Cap Rate 9%
$713,867
Alternative Uses
Best Use
Multifamily LT 5
$917.8K
$803.1K – $1.07M
NOI $64,248 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$907.9K
$794.4K – $1.06M
NOI $63,555 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,172 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Saint Albans
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments provide separate living areas, with an unfinished basement and private driveway.
Where is this duplex located?
The property is located at 13214 Farmers Boulevard Saint Albans, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 full bath; 2,600 square feet in a two‑family Colonial; Open‑concept living, dining, and kitchen areas on both floors
