Detached Two-Family Brick
164-04 29th Avenue Flushing, NY 11358
New
164-04 29th Avenue, Flushing, NY, 11358
$1,950,000
For Sale
$1,950,000
MULTI_FAMILY - Flushing, NY
Property Size3,450 SF
Lot Size0.09 Acres
Price / SF$565.22
Days on Market2
Property Features for 164-04 29th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Interior features
- Entrance Foyer
- 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
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 Checked: Jul 21 at 1:06PM
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.
Investment Insights
Based on property information with market context.
Well-maintained all-brick detached two-family home built in 1970, arranged over three stories. The property provides approximately 7 bedrooms and 4 full bathrooms, with hardwood floors throughout. Interior features include an open kitchen plus bright living and dining areas. Additional conveniences include an attached two-car garage, gas heat, and a new hot water heater. Laundry is provided via a coin-operated washer and dryer.
Located on a quiet residential block in Flushing, Queens, the home offers easy access throughout the borough. It is positioned near shopping, restaurants, schools, parks, public transportation, and major roadways.
This is a spacious income property configuration designed to support comfortable day-to-day living, with established mechanical updates including the new hot water heater and available gas heat.
Located on a quiet residential block in Flushing, Queens, the home offers easy access throughout the borough. It is positioned near shopping, restaurants, schools, parks, public transportation, and major roadways.
This is a spacious income property configuration designed to support comfortable day-to-day living, with established mechanical updates including the new hot water heater and available gas heat.
Key Highlights
- Built in 1970, well‑maintained all‑brick detached two‑family home on a quiet residential block in Flushing
- 7 bedrooms and 4 full bathrooms across approx. 3,450 SF of living space
- Hardwood floors with bright living and dining areas and an open kitchen
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.4k | $46.20 |
| − Vacancy | −$6.1k | −$1.76 |
| EGI | $153.3k | $44.44 |
| − OpEx | −$69.0k | −$20.00 |
| NOI | $84.3k | $24.44 |
3,450 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.41M
NOI $84,333 @ 7.0% cap · market cap 4.32%
Second Best
Multifamily LT 5
$815.8K
$713.8K – $951.7K
NOI $57,103 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$2.54M
$2.23M – $2.97M
NOI $178,037 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained all-brick two-family on three levels with attached two-car garage, gas heat, and coin-operated laundry.
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 $1,950,000.
What are key features of this property?
This property features: Built in 1970, well‑maintained all‑brick detached two‑family home on a quiet residential block in Flushing; 7 bedrooms and 4 full bathrooms across approx. 3,450 SF of living space; Hardwood floors with bright living and dining areas and an open kitchen
