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Duplex With Five Bedrooms
For Sale
$940,000

140-33 Coombs Street, Springfield Gardens, NY 11413

The residence includes separate formal dining and eat-in kitchen areas.

Property Size1,932 SF
Price / SF$486.54
Days on Market506

Property Features for 140-33 Coombs Street

General Information

Standard status Active
Size 1,932 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $8,514

Building Details

Building Size 1,932 SF
Year Built 2004
Construction Colonial Style
Listing Agency: NMG Properties Inc.
Listed By: Natasha Green
Source: Nmgproperties
Added: Jun 12, 2025 Changed: Oct 30 Last Checked: Oct 30 at 1:51AM

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 NMG Properties Inc.

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Investment Insights

Based on property information with market context.

This duplex offers 1,932 square feet with five bedrooms and two full bathrooms. The interior includes a formal dining room and an eat-in kitchen, providing distinct spaces for meals and everyday use. Built in 2004, the property has a Colonial-style design.

Key Highlights

  • Five bedrooms and two full bathrooms
  • 1,932 square feet of living area
  • Formal dining room and eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,227
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,540 $944.5K
Cap Rate 7%
$674,671 $674.7K
Cap Rate 9%
$524,744 $524.7K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$89.3K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$85.9K $44.44/SF
− OpEx
−$38.6K −$20.00/SF
NOI
$47.2K $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%
$944,540
Cap Rate 7%
$674,671
Cap Rate 9%
$524,744

Alternative Uses

Best Use
Apartment 5plus
$674.7K
$590.3K – $787.1K (±1% cap)
NOI $47,227 @ 7.0% cap · market cap 5.02%
Second Best
Multifamily LT 5
$456.8K
$399.7K – $533.0K (±1% cap)
NOI $31,978 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,700 @ 7.0% cap · market cap 10.61%
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

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 11413, NY

42,978
Population
14,485
Households
3
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
3.0 sq mi
ZIP Area
14,326
Density / Sq Mi
$114,766
Median Household Income
$50,525
Median Earnings
$2,038
Median Rent
$631,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - The residence includes separate formal dining and eat-in kitchen areas.
Where is this duplex located?
The property is located at 140-33 Coombs Street Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Five bedrooms and two full bathrooms; 1,932 square feet of living area; Formal dining room and eat‑in kitchen
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