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Two-Family Duplex with Finished Basement

13912 111th Avenue, Jamaica, NY 11435

For Sale
New
$1,599,990
Pending

Each level has four bedrooms, two full bathrooms, a living and dining area, and a full kitchen.

Property Size2,775 SF
Days on Market3

Property Features for 13912 111th Avenue

General Information

Standard status Pending
Size 2,775 SF
Property subtype Residential Income

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,462

Amenities

Finished,Full,Walk-Out Access
5
Yes
8
First Floor Bedroom,First Floor Full Bath,Chandelier,High Ceilings,Primary Bathroom,Master Downstairs,Quartz/Quartzite Counters
Finished, Full, Walk-Out Access
Electric
Public
No
Driveway, Garage
2775

Building Details

Building Size 2,775 SF
Year Built 2026
Buildings 1
Stories 2
Listing Agency: Schunk Realty Group
Listed By: Nicholas Schunk · License NY #10401237032
Source: Schunkrealtygroup
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 8 at 11:50PM

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 Schunk Realty Group

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Investment Insights

Based on property information with market context.

Completed in 2026, this two-family duplex provides approximately 2,775 square feet of above-grade space across two floors, plus a finished basement. Each floor has four bedrooms, two full bathrooms, a living and dining area, and a full kitchen. The basement includes a full bathroom, high ceilings, natural light, and walk-out access. Interior finishes include hardwood floors, tiled bathrooms, and central air conditioning; the exterior combines a brick front with siding.

At 13912 111th Avenue in Jamaica, Queens, the property has a driveway and a rear one-car garage. Shopping, schools, houses of worship, and major roadways are identified among the surrounding conveniences.

Key Highlights

  • Two‑family configuration with 2,775 square feet of above‑grade space
  • Each floor includes 4 bedrooms, 2 full bathrooms, a living and dining area, and a full kitchen
  • Finished basement with a full bathroom, high ceilings, natural light, and walk‑out access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,572
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,440 $1.4M
Cap Rate 7%
$979,600 $979.6K
Cap Rate 9%
$761,911 $761.9K
Market Conditions
NOI Build-Up for 2,775 SF
Gross rent
$106.6K $38.40/SF
− Vacancy
−$8.6K −$3.10/SF
EGI
$98.0K $35.30/SF
− OpEx
−$29.4K −$10.59/SF
NOI
$68.6K $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%
$1,371,440
Cap Rate 7%
$979,600
Cap Rate 9%
$761,911

Alternative Uses

Best Use
Multifamily LT 5
$979.6K
$857.2K – $1.14M (±1% cap)
NOI $68,572 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$969.0K
$847.9K – $1.13M (±1% cap)
NOI $67,833 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,203 @ 7.0% cap · market cap 8.95%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Jamaica

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 - Each level has four bedrooms, two full bathrooms, a living and dining area, and a full kitchen.
Where is this duplex located?
The property is located at 13912 111th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,599,990.
What are key features of this property?
This property features: Two‑family configuration with 2,775 square feet of above‑grade space; Each floor includes 4 bedrooms, 2 full bathrooms, a living and dining area, and a full kitchen; Finished basement with a full bathroom, high ceilings, natural light, and walk‑out access
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