Brick 2-Unit
For Sale
$1,299,999
13740 Lafayette Street, Ozone Park, NY 11417
Two residential levels provide matching three-bedroom layouts, with a finished basement and private garage below.
Property Size2,772 SF
Lot Size0.05 Acres
Price / SF$468.98
Days on Market47
Property Features for 13740 Lafayette Street
General Information
Standard status
Active
Size
2,772 SF
Total Parking Spaces
1
Lot size
0.05 Acres
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,203
Amenities
First Floor Bedroom
Building Details
Building Size
2,772 SF
Year Built
1960
Buildings
1
Units
2
Construction
brick
Listing Agency:
Prime Realty
(718) 229-2922
Listed By:
Aislyn M. Zhu · License #10401305922
(646) 243-2821
Source:
Jwsrealtygroup
Added: Sep 14
Changed: Oct 29
Last Checked: Oct 29 at 2:40PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
This semi-detached, brick duplex contains two main residential levels, each with three bedrooms and two bathrooms. A finished basement adds another bathroom and has its own entrance; the property also includes a private garage. The home was built in 1960 and occupies a 25 x 92 lot.
Located on Lafayette Street in Ozone Park, the property is near transportation, shopping, restaurants, schools, and everyday amenities.
Located on Lafayette Street in Ozone Park, the property is near transportation, shopping, restaurants, schools, and everyday amenities.
Key Highlights
- Legal two‑family configuration with 3 bedrooms and 2 bathrooms on each main level
- Each main residential level offers 1100 sf
- Finished basement with an additional bathroom and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,760
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,200
$1.4M
Cap Rate 7%
$968,000
$968.0K
Cap Rate 9%
$752,889
$752.9K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$128.1K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$123.2K $44.44/SF
− OpEx
−$55.4K −$20.00/SF
NOI
$67.8K $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%
$1,355,200
Cap Rate 7%
$968,000
Cap Rate 9%
$752,889
Alternative Uses
Best Use
Apartment 5plus
$968.0K
$847.0K – $1.13M
NOI $67,760 @ 7.0% cap · market cap 5.21%
Second Best
Multifamily LT 5
$655.4K
$573.5K – $764.7K
NOI $45,881 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $143,049 @ 7.0% cap · market cap 11.00%
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
1,192
Businesses Nearby
Explore this area
Business Placement
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
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View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential levels provide matching three-bedroom layouts, with a finished basement and private garage below.
Where is this duplex located?
The property is located at 13740 Lafayette Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Legal two‑family configuration with 3 bedrooms and 2 bathrooms on each main level; Each main residential level offers 1100 sf; Finished basement with an additional bathroom and separate entrance
