Duplex with Finished
161-08 Baisley Boulevard, Queens, NY 11434
For Sale
$1,050,000
The two-family residence has five bedrooms, four bathrooms, an attached garage, and a carport.
Property Size1,756 SF
Price / SF$597.95
Days on Market130
Property Features for 161-08 Baisley Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
No, Square Feet
Finished, Yes
1st Floor Bedrm, First Floor Full Bath, Public
First Floor Bedroom, First Floor Full Bath
1st Fl Master Bedroom
No
Frame, Vinyl Siding
Attached, Carport, Driveway, Garage
Building Details
Year Built
Buildings
Listing Agency:
Prestige Homes NY Inc
Listed By:
Navin B. Sookra GRI CBR
(718) 323-5000
Source:
Compass
Added: Jul 1
Changed: Nov 6
Last Checked: Nov 6 at 3:09PM
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 Prestige Homes NY Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2002, this duplex is configured as a two-family home with five bedrooms and four bathrooms. A finished basement adds interior space, and a first-floor bedroom and full bath are among its features. Parking is provided by an attached garage and a carport.
Key Highlights
- Two‑family home with 5 bedrooms and 4 bathrooms
- Finished basement
- First‑floor bedroom and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,924
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,480
$858.5K
Cap Rate 7%
$613,200
$613.2K
Cap Rate 9%
$476,933
$476.9K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$81.1K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$78.0K $44.44/SF
− OpEx
−$35.1K −$20.00/SF
NOI
$42.9K $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%
$858,480
Cap Rate 7%
$613,200
Cap Rate 9%
$476,933
Alternative Uses
Best Use
Apartment 5plus
$613.2K
$536.6K – $715.4K
NOI $42,924 @ 7.0% cap · market cap 4.09%
Second Best
Multifamily LT 5
$415.2K
$363.3K – $484.4K
NOI $29,065 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,618 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
660
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
$585,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Queens, NY
Properties on Market for Duplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family residence has five bedrooms, four bathrooms, an attached garage, and a carport.
Where is this duplex located?
The property is located at 161-08 Baisley Boulevard Queens, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑family home with 5 bedrooms and 4 bathrooms; Finished basement; First‑floor bedroom and full bath
