All-Brick Two-Family
For Sale
$1,880,000
164-04 29th Avenue, Flushing, NY 11358
Residential Income, Flushing, NY
Property Size3,450 SF
Lot Size0.09 Acres
Price / SF$544.93
Days on Market93
Property Features for 164-04 29th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3
Parking features
Driveway
Patio and Porch features
Patio
Interior features
Entrance Foyer
Subdivision
Flushing
Standard status
Active
Size
3,450 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
15826
Utilities
Heating system
Natural Gas, Steam
Amenities
coin-operated washer and dryer
Building Details
Year built
1970
Floors in Building
3
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Listing Agency:
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(917) 530-5075
Listed By:
Lucy Lu
Added: Jul 20
Changed: Oct 12
Last Checked: Oct 20 at 4:06PM
MLS# 11894777
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This detached brick duplex contains two family residences across three stories, with 7 bedrooms and 4 full bathrooms within approximately 3,450 square feet. Interior features include hardwood flooring, an open kitchen, an entrance foyer, and separate living and dining areas. The property was built in 1970 and is equipped with natural-gas steam heat, a new hot water heater, and a coin-operated washer and dryer. A patio adds outdoor space.
The home is located at 164-04 29th Avenue in Flushing, Queens, near shopping, restaurants, schools, parks, public transportation, and major roadways. Its Flushing, NY 11358 location provides access to destinations throughout Queens and beyond.
The home is located at 164-04 29th Avenue in Flushing, Queens, near shopping, restaurants, schools, parks, public transportation, and major roadways. Its Flushing, NY 11358 location provides access to destinations throughout Queens and beyond.
Key Highlights
- Two‑family detached duplex with 7 bedrooms and 4 full bathrooms
- Approximately 3,450 square feet across a three‑story layout
- All‑brick construction; built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,333
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,660
$1.7M
Cap Rate 7%
$1,204,757
$1.2M
Cap Rate 9%
$937,033
$937.0K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$159.4K $46.20/SF
− Vacancy
−$6.1K −$1.76/SF
EGI
$153.3K $44.44/SF
− OpEx
−$69.0K −$20.00/SF
NOI
$84.3K $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%
$1,686,660
Cap Rate 7%
$1,204,757
Cap Rate 9%
$937,033
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.41M
NOI $84,333 @ 7.0% cap · market cap 4.49%
Second Best
Multifamily LT 5
$815.8K
$713.8K – $951.7K
NOI $57,103 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.54M
$2.23M – $2.97M
NOI $178,037 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three-story layout includes hardwood floors, open kitchen, patio, and natural-gas steam heat.
Where is this duplex located?
The property is located at 164-04 29th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Two‑family detached duplex with 7 bedrooms and 4 full bathrooms; Approximately 3,450 square feet across a three‑story layout; All‑brick construction; built in 1970
