Two-Family House, Sold As
For Sale
$700,000
140-36 184th St, Queens, NY 11413
Two-family property available as a short sale, sold as is.
Property Size1,800 SF
Lot Size0.06 Acres
Days on Market309
Property Features for 140-36 184th St
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.06 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$6,545
Building Details
Building Size
1,800 SF
Year Built
1950
Units
2
Listed By:
Dayanara Fermin
(718) 506-8974
Source:
Elliman
Added: Dec 3, 2025
Changed: Sep 22
Last Checked: Oct 7 at 1:08PM
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 Dayanara Fermin
Investment Insights
Based on property information with market context.
This two-family property is available as a short sale and is being sold in as-is condition. Financing options are limited to FHA 203K (Rehab loan) or cash transactions.
Key Highlights
- Two‑family property ideal for investors or owner‑occupants.
- Built in 1950, offering vintage charm.
- Suitable for FHA 203K (Rehab loan), unlock its full potential with renovations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,000
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,000
$880.0K
Cap Rate 7%
$628,571
$628.6K
Cap Rate 9%
$488,889
$488.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$83.2K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$80.0K $44.44/SF
− OpEx
−$36.0K −$20.00/SF
NOI
$44.0K $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%
$880,000
Cap Rate 7%
$628,571
Cap Rate 9%
$488,889
Alternative Uses
Best Use
Apartment 5plus
$628.6K
$550.0K – $733.3K
NOI $44,000 @ 7.0% cap · market cap 6.29%
Second Best
Multifamily LT 5
$425.6K
$372.4K – $496.6K
NOI $29,793 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,889 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property available as a short sale, sold as is.
Where is this duplex located?
The property is located at 140-36 184th St Queens, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two‑family property ideal for investors or owner‑occupants.; Built in 1950, offering vintage charm.; Suitable for FHA 203K (Rehab loan), unlock its full potential with renovations.
