Brick
14407 Latham Ln, Rochdale, NY 11434
For Sale
$949,999
The two-family layout provides separate living spaces within one residence.
Property Size1,890 SF
Price / SF$502.64
Days on Market19
Property Features for 14407 Latham Ln
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Construction
Listing Agency:
EXP Realty
Listed By:
Aaron Zucker · License NY #10401312435
(888) 276-0630
Source:
Searchhomesinlongisland
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 5:07PM
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 EXP Realty
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,890 square feet and was built in 2004. Its two-family configuration provides two living spaces within the same property.
The property is on Latham Lane in Rochdale, with transportation, shopping, dining, schools, and neighborhood services described as nearby.
The property is on Latham Lane in Rochdale, with transportation, shopping, dining, schools, and neighborhood services described as nearby.
Key Highlights
- 1,890‑square‑foot brick duplex
- Built in 2004
- Two‑family configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,703
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$934,060
$934.1K
Cap Rate 7%
$667,186
$667.2K
Cap Rate 9%
$518,922
$518.9K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$72.6K $38.40/SF
− Vacancy
−$5.9K −$3.10/SF
EGI
$66.7K $35.30/SF
− OpEx
−$20.0K −$10.59/SF
NOI
$46.7K $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%
$934,060
Cap Rate 7%
$667,186
Cap Rate 9%
$518,922
Alternative Uses
Best Use
Multifamily LT 5
$667.2K
$583.8K – $778.4K
NOI $46,703 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$660.0K
$577.5K – $770.0K
NOI $46,200 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,533 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
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Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
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Market
Properties on Market for Duplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout provides separate living spaces within one residence.
Where is this duplex located?
The property is located at 14407 Latham Ln Rochdale, NY.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: 1,890‑square‑foot brick duplex; Built in 2004; Two‑family configuration
