Detached Brick
New
For Sale
$1,980,000
14004 Quince Avenue, Flushing, NY 11355
Finished interiors, a driveway, and garage accompany this two-family residence.
Property Size2,730 SF
Price / SF$725.27
Days on Market1
Property Features for 14004 Quince Avenue
General Information
Standard status
Active
Size
2,730 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,096
Amenities
Finished,Full
4
Yes
7
Chefs Kitchen,Eat-in Kitchen,Formal Dining,Granite Counters,Marble Counters,Natural Woodwork,Open Floorplan,Open Kitchen
Finished, Full
Other
No
Driveway, Garage
2730
Building Details
Building Size
2,730 SF
Year Built
1960
Year Renovated
2017
Stories
3
Construction
all-brick
Listing Agency:
Royalux Realty LLC
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Oct 31 at 3:30AM
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 Royalux Realty LLC
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Investment Insights
Based on property information with market context.
This detached, all-brick duplex has 2,730 square feet across three above-ground stories. The home was renovated in 2017 and includes finished space, a chef’s kitchen, eat-in kitchen, formal dining area, and driveway with garage. Built in 1960, it offers a two-family configuration with natural woodwork and granite and marble counters.
Gold City Supermarket is approximately a 7-minute walk away, and Main Street is within walking distance. A bus stop is nearby, with elementary and middle schools in the surrounding area.
Gold City Supermarket is approximately a 7-minute walk away, and Main Street is within walking distance. A bus stop is nearby, with elementary and middle schools in the surrounding area.
Key Highlights
- 2,730 square feet across three above‑ground stories
- Detached, all‑brick two‑family home
- Renovated in 2017; built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,733
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,660
$1.3M
Cap Rate 7%
$953,329
$953.3K
Cap Rate 9%
$741,478
$741.5K
Market Conditions
NOI Build-Up for 2,730 SF
Gross rent
$126.1K $46.20/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$121.3K $44.44/SF
− OpEx
−$54.6K −$20.00/SF
NOI
$66.7K $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%
$1,334,660
Cap Rate 7%
$953,329
Cap Rate 9%
$741,478
Alternative Uses
Best Use
Apartment 5plus
$953.3K
$834.2K – $1.11M
NOI $66,733 @ 7.0% cap · market cap 3.37%
Second Best
Multifamily LT 5
$645.5K
$564.8K – $753.1K
NOI $45,186 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,881 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
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Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
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 interiors, a driveway, and garage accompany this two-family residence.
Where is this duplex located?
The property is located at 14004 Quince Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: 2,730 square feet across three above‑ground stories; Detached, all‑brick two‑family home; Renovated in 2017; built in 1960
