Two-Family Brick
New
For Sale
$1,998,000
158-39 77th Road, Fresh Meadows, NY 11366
Two separate levels each provide three bedrooms and two bathrooms, with central air conditioning throughout.
Property Size2,400 SF
Price / SF$832.50
Days on Market6
Property Features for 158-39 77th Road
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$10,500
Amenities
First Floor Bedroom
Building Details
Building Size
2,400 SF
Year Built
2015
Units
2
Listing Agency:
E Realty International Corp
Listed By:
Man Yung Chan
(646) 209-4548
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 3:59AM
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 2015, this detached brick duplex contains two residential levels, each configured with three bedrooms and two bathrooms. Central air conditioning serves the house, and a high-ceiling basement has separate entrances and exits.
A garage and long driveway provide on-site vehicle parking. The property also includes a backyard with plants.
A garage and long driveway provide on-site vehicle parking. The property also includes a backyard with plants.
Key Highlights
- Detached brick duplex built in 2015
- Two levels, each with 3 bedrooms and 2 bathrooms
- High‑ceiling basement with separate entrances and exits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,667
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,340
$1.2M
Cap Rate 7%
$838,100
$838.1K
Cap Rate 9%
$651,856
$651.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$110.9K $46.20/SF
− Vacancy
−$4.2K −$1.76/SF
EGI
$106.7K $44.44/SF
− OpEx
−$48.0K −$20.00/SF
NOI
$58.7K $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%
$1,173,340
Cap Rate 7%
$838,100
Cap Rate 9%
$651,856
Alternative Uses
Best Use
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 2.94%
Second Best
Multifamily LT 5
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 1.99%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,852 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate levels each provide three bedrooms and two bathrooms, with central air conditioning throughout.
Where is this duplex located?
The property is located at 158-39 77th Road Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Detached brick duplex built in 2015; Two levels, each with 3 bedrooms and 2 bathrooms; High‑ceiling basement with separate entrances and exits
