Duplex with Finished
New
For Sale
$1,100,000
13802 106th Avenue, Jamaica, NY 11435
Finished attic space and a private driveway add practical features to this detached residential property.
Property Size1,940 SF
Price / SF$567.01
Days on Market4
Property Features for 13802 106th Avenue
General Information
Standard status
Active
Size
1,940 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,246
Amenities
full finished basement
full finished walk-up attic
private driveway
spacious yard
Finished,Full,Walk-Out Access
2
Yes
4
Eat-in Kitchen
Finished, Full, Walk-Out Access
Public
No
Driveway, Private
1940
Building Details
Building Size
1,940 SF
Year Built
1915
Listing Agency:
(516) 703-2918
Listed By:
Barbara Murray
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:26PM
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 Barbara Murray
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Investment Insights
Based on property information with market context.
Built in 1915, this detached duplex contains 1,940 square feet, with four bedrooms and two full bathrooms. Its finished basement has walk-out access, and a finished walk-up attic adds further interior space. The property also includes a private driveway and yard, with parking described as suitable for trucks and vans.
The Jamaica property is near public transportation, shopping, schools, places of worship, JFK International Airport, and Resorts World Casino.
The Jamaica property is near public transportation, shopping, schools, places of worship, JFK International Airport, and Resorts World Casino.
Key Highlights
- Detached two‑family property with 1,940 square feet
- Four bedrooms and two full bathrooms
- Finished basement with walk‑out access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,422
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,440
$948.4K
Cap Rate 7%
$677,457
$677.5K
Cap Rate 9%
$526,911
$526.9K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$89.6K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$86.2K $44.44/SF
− OpEx
−$38.8K −$20.00/SF
NOI
$47.4K $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 Rate 5%
$948,440
Cap Rate 7%
$677,457
Cap Rate 9%
$526,911
Alternative Uses
Best Use
Apartment 5plus
$677.5K
$592.8K – $790.4K
NOI $47,422 @ 7.0% cap · market cap 4.31%
Second Best
Multifamily LT 5
$458.7K
$401.4K – $535.2K
NOI $32,110 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,113 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,003
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Finished attic space and a private driveway add practical features to this detached residential property.
Where is this duplex located?
The property is located at 13802 106th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Detached two‑family property with 1,940 square feet; Four bedrooms and two full bathrooms; Finished basement with walk‑out access
