Two-Family Duplex with Finished
For Sale
$1,990,000
Pending
158-36 77th Road, Fresh Meadows, NY 11366
Two levels provide three bedrooms and two full baths each, along with laundry and separate entrances.
Property Size3,198 SF
Days on Market655
Property Features for 158-36 77th Road
General Information
Standard status
Pending
Size
3,198 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,546
Amenities
Full Finished Basement
Washer & Dryer
separated entrances
Building Details
Year Built
2017
Construction
brick
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Jian Tao Wu · License #10401214696
(917) 544-5616
Source:
Exitrealty
Added: Jan 1, 2025
Changed: Oct 7
Last Checked: Oct 7 at 10:06AM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
Built in 2017, this legal two-family duplex offers 3,198 square feet with six bedrooms and four full bathrooms. Each floor is arranged with three bedrooms and two full baths, creating a consistent layout across both levels. The property also includes a full finished basement, a washer and dryer, and separate entrances.
Located at 158-36 77th Road in Fresh Meadows, NY 11366, the residence has a good overall appearance and is configured for two-family occupancy.
Located at 158-36 77th Road in Fresh Meadows, NY 11366, the residence has a good overall appearance and is configured for two-family occupancy.
Key Highlights
- Legal two‑family duplex with 3,198 square feet
- Six bedrooms and four full bathrooms
- Each floor includes 3 bedrooms and 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,173
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,563,460
$1.6M
Cap Rate 7%
$1,116,757
$1.1M
Cap Rate 9%
$868,589
$868.6K
Market Conditions
NOI Build-Up for 3,198 SF
Gross rent
$147.7K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$142.1K $44.44/SF
− OpEx
−$64.0K −$20.00/SF
NOI
$78.2K $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%
$1,563,460
Cap Rate 7%
$1,116,757
Cap Rate 9%
$868,589
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$977.2K – $1.30M
NOI $78,173 @ 7.0% cap · market cap 3.93%
Second Best
Multifamily LT 5
$756.2K
$661.7K – $882.2K
NOI $52,932 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,032 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,641
Businesses Nearby
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Business Placement
Demographics for 11366, NY
14,430
Population
4,915
Households
2.9
Avg Household Size
41
Median Age
52%
College-Educated
85%
High-School Grad
1.5 sq mi
ZIP Area
9,620
Density / Sq Mi
$117,402
Median Household Income
$58,028
Median Earnings
$2,101
Median Rent
$950,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two levels provide three bedrooms and two full baths each, along with laundry and separate entrances.
Where is this duplex located?
The property is located at 158-36 77th Road Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Legal two‑family duplex with 3,198 square feet; Six bedrooms and four full bathrooms; Each floor includes 3 bedrooms and 2 full baths
