3-Unit Triplex with
New
For Sale
$1,750,000
160-06 75th Road 3, Fresh Meadows, NY 11366
The detached residence includes a finished basement, driveway, and backyard.
Property Size3,000 SF
Lot Size0.09 Acres
Price / SF$583.33
Days on Market2
Property Features for 160-06 75th Road 3
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$14,640
Amenities
Finished,Full
Yes
Walk-In Closet(s),Washer/Dryer Hookup
Finished, Full
Back Yard,Full,Vinyl
Public
1
No
Driveway
3000
Building Details
Building Size
3,000 SF
Year Built
1952
Buildings
1
Construction
brick
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Oct 31 at 2:35PM
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 Geralda Desir
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Investment Insights
Based on property information with market context.
This detached triplex contains approximately 3,000 square feet of building space on a 3,960-square-foot lot. Built in 1952, the property has a finished full basement, walk-in closets, washer and dryer hookups, a driveway, and a backyard.
The property is approximately one mile from train service and is zoned for P.S. 154, I.S. 250, and Queens School of Inquiry.
The property is approximately one mile from train service and is zoned for P.S. 154, I.S. 250, and Queens School of Inquiry.
Key Highlights
- Three‑family detached residence
- Approximately 3,000 SF of building space
- 3,960 SF 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 - The detached residence includes a finished basement, driveway, and backyard.
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 residence; Approximately 3,000 SF of building space; 3,960 SF lot
