Detached Brick
For Sale
$1,750,000
160-06 75th Road #3, Fresh Meadows, NY 11366
Three residential units occupy a detached brick building with a backyard in Fresh Meadows.
Property Size3,000 SF
Lot Size0.09 Acres
Price / SF$583.33
Days on Market37
Property Features for 160-06 75th Road #3
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
1
Lot size
0.09 Acres
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$14,640
Amenities
Walk-In Closet(s)
Washer/Dryer Hookup
Building Details
Building Size
3,000 SF
Year Built
1952
Buildings
1
Units
3
Construction
brick
Listing Agency:
J Real Estate Management LLC
(646) 286-1758
Listed By:
Alice A. Jin
(718) 886-1189
Source:
Adamstreetrealty
Added: Sep 28
Changed: Nov 2
Last Checked: Nov 3 at 5:56AM
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 J Real Estate Management LLC
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Investment Insights
Based on property information with market context.
This detached, three-family brick property in Fresh Meadows was built in 1952. The building contains approximately 3,000 square feet and sits on a 3,960-square-foot lot, with a backyard as an additional outdoor feature.
Key Highlights
- Three‑family detached property
- Approximately 3,000 square feet of building area
- 3,960‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,333
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
$1.5M
Cap Rate 7%
$1,047,614
$1.0M
Cap Rate 9%
$814,811
$814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $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%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 4.19%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K
NOI $49,655 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,814 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,855
Businesses Nearby
Explore this area
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?
Triplex - Three residential units occupy a detached brick building with a backyard in Fresh Meadows.
Where is this triplex located?
The property is located at 160-06 75th Road #3 Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑family detached property; Approximately 3,000 square feet of building area; 3,960‑square‑foot lot
