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Two-Family Duplex with Garage

145-20 110th Ave, Jamaica, NY 11435

For Sale
$999,995

Separate entrances serve the upper residence and finished basement, with a two-car garage on site.

Property Size2,850 SF
Lot Size0.07 Acres
Price / SF$350.88
Days on Market16

Property Features for 145-20 110th Ave

General Information

Standard status Active
Size 2,850 SF
Total Parking Spaces 2
Lot size 0.07 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence With a little TLC

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1925
Listing Agency: Husain Mahmoud Realty
Listed By: Husain G. Mahmoud
Source: Searchhomesinlongisland
Added: Oct 30 Changed: Nov 10 Last Checked: Nov 10 at 2:36PM

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 Husain Mahmoud Realty

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Investment Insights

Based on property information with market context.

Built in 1925, this two-family duplex has a one-bedroom first-floor residence with a full kitchen, foyer, sunroom, and dining room. The upper unit has its own entrance, two bedrooms, a large kitchen, and a bathroom, plus access to an open attic. A finished basement with a separate entrance adds further space.

The 2,850-square-foot lot includes a paved driveway leading to a two-car garage. The property is in Southeast Queens, minutes from JFK Airport and the Van Wyck Expressway.

Key Highlights

  • Two‑family property with separate entrance to the upper unit
  • First‑floor one‑bedroom unit with full kitchen, foyer, sunroom, and dining room
  • Upper residence has two bedrooms, a large kitchen, bathroom, and open‑attic access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,426
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,520 $1.4M
Cap Rate 7%
$1,006,086 $1.0M
Cap Rate 9%
$782,511 $782.5K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$109.4K $38.40/SF
− Vacancy
−$8.8K −$3.10/SF
EGI
$100.6K $35.30/SF
− OpEx
−$30.2K −$10.59/SF
NOI
$70.4K $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%
$1,408,520
Cap Rate 7%
$1,006,086
Cap Rate 9%
$782,511

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$880.3K – $1.17M (±1% cap)
NOI $70,426 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$995.2K
$870.8K – $1.16M (±1% cap)
NOI $69,667 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M (±1% cap)
NOI $147,074 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,318
Businesses Nearby

Demographics for 11435, NY

58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Jamaica

Jul
Aug
Sep
Oct

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 - Separate entrances serve the upper residence and finished basement, with a two-car garage on site.
Where is this duplex located?
The property is located at 145-20 110th Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Two‑family property with separate entrance to the upper unit; First‑floor one‑bedroom unit with full kitchen, foyer, sunroom, and dining room; Upper residence has two bedrooms, a large kitchen, bathroom, and open‑attic access
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