15813 Linden Boulevard, Jamaica, NY 11434

Building Details

Building Size 1,395 SF More

Year Built 1925 More

Units 2 More

Listing Agency: Bohemia Realty Group LLC

Listed By: Sarah Saltzberg Show Phone

Source: Georgemcknight

Added: Oct 23 Changed: Nov 7 Last Checked: Nov 8 at 7:32PM

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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 Bohemia Realty Group LLC

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Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,472

Cap Rate

3.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$689,440 $689.4K

Cap Rate 7%

$492,457 $492.5K

Cap Rate 9%

$383,022 $383.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,395 SF

Gross rent

$53.6K $38.40/SF

− Vacancy

−$4.3K −$3.10/SF

EGI

$49.2K $35.30/SF

− OpEx

−$14.8K −$10.59/SF

NOI

$34.5K $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%

$689,440

Cap Rate 7%

$492,457

Cap Rate 9%

$383,022

Alternative Uses

Best Use

Multifamily LT 5

$492.5K

$430.9K – $574.5K (±1% cap)

NOI $34,472 @ 7.0% cap · market cap 3.14%

Second Best

Apartment 5plus

$487.1K

$426.3K – $568.3K (±1% cap)

NOI $34,100 @ 7.0% cap · market cap 3.10%

Theoretical Best

Office A

$1.03M

$899.9K – $1.20M (±1% cap)

NOI $71,989 @ 7.0% cap · market cap 6.55%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,466

Businesses Nearby

Explore this area 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

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

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Frequently Asked Questions

Where is this duplex located?

The property is located at 15813 Linden Boulevard Jamaica, NY.

What is the asking price?

The asking price for this property is $1,099,000.