Renovated Duplex
For Sale
$1,580,000
135-32 82nd Ave, Briarwood, NY 11435
Residential Income, BRIARWOOD, NY
Property Size2,882 SF
Lot Size0.05 Acres
Price / SF$548.23
Days on Market51
Property Features for 135-32 82nd Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
7
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 5
Interior features
Walk-In Closet(s)
Subdivision
BRIARIADWOOD
Standard status
Active
Size
2,882 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
12755
Utilities
Heating system
Steam, Natural Gas
Building Details
Floors in Building
3
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
WINZONE REALTY INC
(718) 899-7000
Listed By:
Peter Murdakhayev
Added: Jul 12
Changed: Aug 21
Last Checked: Aug 31 at 7:06PM
MLS# 11882146
Copyright © 2026 My State MLS. 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.
This renovated attached duplex townhouse provides 2,882 square feet across a two-family layout. A first-floor owner’s unit includes access to the backyard, while the main residence occupies the two upper floors with three bedrooms, hardwood flooring, walk-in closet space, and private balconies. The property is built with brick and heated by natural-gas steam systems.
The 20-by-110-foot property carries R5D zoning and is located in Briarwood, near shopping, public transportation, and places of worship. Its configuration combines multiple living areas with dedicated outdoor space and residential features suited to extended occupancy or owner use.
The 20-by-110-foot property carries R5D zoning and is located in Briarwood, near shopping, public transportation, and places of worship. Its configuration combines multiple living areas with dedicated outdoor space and residential features suited to extended occupancy or owner use.
Key Highlights
- Renovated attached duplex townhouse with 2,882 square feet
- 20‑by‑110‑foot property with R5D zoning
- First‑floor owner’s unit with backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,449
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,980
$1.4M
Cap Rate 7%
$1,006,414
$1.0M
Cap Rate 9%
$782,767
$782.8K
Market Conditions
NOI Build-Up for 2,882 SF
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.
Gross rent
$133.1K $46.20/SF
− Vacancy
−$5.1K −$1.76/SF
EGI
$128.1K $44.44/SF
− OpEx
−$57.6K −$20.00/SF
NOI
$70.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,980
Cap Rate 7%
$1,006,414
Cap Rate 9%
$782,767
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$880.6K – $1.17M
NOI $70,449 @ 7.0% cap · market cap 4.46%
Second Best
Multifamily LT 5
$681.5K
$596.3K – $795.0K
NOI $47,702 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,725 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,710
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Attached brick residence with separate living areas, private balconies, and a backyard in Briarwood.
Where is this duplex located?
The property is located at 135-32 82nd Ave Briarwood, NY.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Renovated attached duplex townhouse with 2,882 square feet; 20‑by‑110‑foot property with R5D zoning; First‑floor owner’s unit with backyard access
