Detached Two-Family
New
For Sale
$1,150,000
14032 Quince Avenue, Flushing, NY 11355
The Flushing property is near public transportation, shops, restaurants, schools, and Kissena Park.
Property Size2,525 SF
Price / SF$455.45
Days on Market4
Property Features for 14032 Quince Avenue
General Information
Standard status
Active
Size
2,525 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,327
Amenities
Partially Finished
2
Yes
4
First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen
Public
No
Building Details
Year Built
1930
Listing Agency:
(516) 703-2918
Listed By:
Louis LaDonna
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:55PM
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 Louis LaDonna
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Investment Insights
Based on property information with market context.
Built in 1930, this detached two-family property contains 2,525 square feet. Interior features include a first-floor bedroom, a full bath, and an eat-in kitchen. The property also has partially finished space.
The home is in Flushing, near Golden City Supermarket and shops and restaurants along Kissena Boulevard. Public transportation, major highways, schools, and Kissena Park are also nearby.
The home is in Flushing, near Golden City Supermarket and shops and restaurants along Kissena Boulevard. Public transportation, major highways, schools, and Kissena Park are also nearby.
Key Highlights
- Detached two‑family property
- 2,525 square feet
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,722
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,440
$1.2M
Cap Rate 7%
$881,743
$881.7K
Cap Rate 9%
$685,800
$685.8K
Market Conditions
NOI Build-Up for 2,525 SF
Gross rent
$116.7K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$112.2K $44.44/SF
− OpEx
−$50.5K −$20.00/SF
NOI
$61.7K $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%
$1,234,440
Cap Rate 7%
$881,743
Cap Rate 9%
$685,800
Alternative Uses
Best Use
Apartment 5plus
$881.7K
$771.5K – $1.03M
NOI $61,722 @ 7.0% cap · market cap 5.37%
Second Best
Multifamily LT 5
$597.0K
$522.4K – $696.6K
NOI $41,793 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,302 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
Explore this area
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 - The Flushing property is near public transportation, shops, restaurants, schools, and Kissena Park.
Where is this duplex located?
The property is located at 14032 Quince Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Detached two‑family property; 2,525 square feet; Built in 1930
