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Brick Duplex with Finished Basement

13534 127th Street, South Ozone Park, NY 11420

For Sale
$1,200,000
Pending

Two residential units each provide three bedrooms and two full bathrooms, with a separate-entry lower level.

Property Size2,525 SF
Days on Market10

Property Features for 13534 127th Street

General Information

Standard status Pending
Size 2,525 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,916

Amenities

Finished,Walk-Out Access
Hardwood
4
Yes
6
First Floor Bedroom,First Floor Full Bath,Granite Counters
Finished, Walk-Out Access
Public
No
Driveway
2525

Building Details

Building Size 2,525 SF
Year Built 2002
Buildings 1
Construction all-brick
Listing Agency: Property Professionals Realty
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 31 Changed: Nov 7 Last Checked: Nov 8 at 4:51PM

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 Property Professionals Realty

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Investment Insights

Based on property information with market context.

Built in 2002, this 2,525-square-foot brick duplex contains two units, each with three bedrooms and two full bathrooms. Hardwood flooring and granite counters are among the interior features. The finished basement has high ceilings and a walk-out entrance, adding substantial space to the property. A driveway is also included.

The property is at 13534 127th Street in South Ozone Park, near shopping, dining, schools, public transportation, and major roadways.

Key Highlights

  • Two units, each with 3 bedrooms and 2 full bathrooms
  • 2,525 square feet; built in 2002
  • Finished basement with high ceilings and a walk‑out entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,395
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,900 $1.2M
Cap Rate 7%
$891,357 $891.4K
Cap Rate 9%
$693,278 $693.3K
Market Conditions
NOI Build-Up for 2,525 SF
Gross rent
$97.0K $38.40/SF
− Vacancy
−$7.8K −$3.10/SF
EGI
$89.1K $35.30/SF
− OpEx
−$26.7K −$10.59/SF
NOI
$62.4K $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%
$1,247,900
Cap Rate 7%
$891,357
Cap Rate 9%
$693,278

Alternative Uses

Best Use
Multifamily LT 5
$891.4K
$779.9K – $1.04M (±1% cap)
NOI $62,395 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$881.7K
$771.5K – $1.03M (±1% cap)
NOI $61,722 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,302 @ 7.0% cap · market cap 10.86%
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

Location Intelligence

Trade Area within ½ mile

1,265
Businesses Nearby

Demographics for 11420, NY

47,383
Population
14,835
Households
3.2
Avg Household Size
40
Median Age
22%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
22,563
Density / Sq Mi
$98,584
Median Household Income
$45,571
Median Earnings
$2,032
Median Rent
$673,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in South Ozone Park, NY

$443 Jul
$457 Aug
$519 Sep
$529 Oct

Properties on Market for Duplexes in South Ozone Park

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units each provide three bedrooms and two full bathrooms, with a separate-entry lower level.
Where is this duplex located?
The property is located at 13534 127th Street South Ozone Park, 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 units, each with 3 bedrooms and 2 full bathrooms; 2,525 square feet; built in 2002; Finished basement with high ceilings and a walk‑out entrance
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