Three-Family Brick
New
For Sale
$1,650,000
135-30 82nd Avenue, Jamaica, NY 11435
Separate basement entry, updated kitchens, and garage parking serve this multi-unit residential property.
Property Size3,265 SF
Lot Size0.05 Acres
Days on Market3
Property Features for 135-30 82nd Avenue
General Information
Standard status
Active
Size
3,265 SF
Total Parking Spaces
3
Lot size
0.05 Acres
Property subtype
Triplex
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,732
Building Details
Building Size
3,265 SF
Year Built
1968
Buildings
1
Construction
brick
Listing Agency:
Winzone Realty Inc
Listed By:
Xiao Feng Pan CBR · License #31PA0929296
(718) 899-7000
Source:
Barbieliteam
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 3:29PM
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 Winzone Realty Inc
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Investment Insights
Based on property information with market context.
This brick, semi-detached triplex contains three apartments with seven full bedrooms. The units have updated kitchens, and the property also includes a formal dining room, a living room, and a basement with a separate entrance. A detached one-car garage and driveway parking for two vehicles are on site. The home was built in 1968 on a 20-by-110-foot lot.
The property is in Briarwood, within walking distance of the Briarwood station for E and F trains and nearby bus stops. Shops, restaurants, and supermarkets are located along Main Street, Union Turnpike, and Queens Boulevard. PS 117 and JHS 217 are five blocks away.
The property is in Briarwood, within walking distance of the Briarwood station for E and F trains and nearby bus stops. Shops, restaurants, and supermarkets are located along Main Street, Union Turnpike, and Queens Boulevard. PS 117 and JHS 217 are five blocks away.
Key Highlights
- Three apartments with seven full bedrooms
- Updated kitchens in all three apartments
- Separate entrance to the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,811
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,220
$1.6M
Cap Rate 7%
$1,140,157
$1.1M
Cap Rate 9%
$886,789
$886.8K
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$150.8K $46.20/SF
− Vacancy
−$5.7K −$1.76/SF
EGI
$145.1K $44.44/SF
− OpEx
−$65.3K −$20.00/SF
NOI
$79.8K $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%
$1,596,220
Cap Rate 7%
$1,140,157
Cap Rate 9%
$886,789
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$997.6K – $1.33M
NOI $79,811 @ 7.0% cap · market cap 4.84%
Second Best
Multifamily LT 5
$772.0K
$675.5K – $900.7K
NOI $54,041 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,490 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,278
Businesses Nearby
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Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
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?
Triplex - Separate basement entry, updated kitchens, and garage parking serve this multi-unit residential property.
Where is this triplex located?
The property is located at 135-30 82nd Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Three apartments with seven full bedrooms; Updated kitchens in all three apartments; Separate entrance to the basement
