Duplex with Detached
164-38 77th Avenue, Fresh Meadows, NY 11366
For Sale
New
$2,490,000
Two residences offer separate living areas, with central heating and cooling throughout.
Property Size2,900 SF
Lot Size0.10 Acres
Price / SF$858.62
Days on Market4
Property Features for 164-38 77th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Winzone Realty Inc
Listed By:
Vera Y. Wu
(646) 633-2828
Source:
Barbieliteam
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:53PM
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 Winzone Realty Inc
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences with approximately 2,900 square feet of combined living space. Each unit has about 1,450 square feet, three bedrooms, and two en-suite bedrooms. The property also includes an 8-foot-high basement with its own entrance and a detached garage. Central heating and cooling serve the home, while oversized windows bring natural light into the interiors.
The property is in Fresh Meadows near St. John’s University, supermarkets, shopping, major highways, and public transportation. The lot measures 40 by 105 feet.
The property is in Fresh Meadows near St. John’s University, supermarkets, shopping, major highways, and public transportation. The lot measures 40 by 105 feet.
Key Highlights
- Two‑unit duplex with approximately 2,900 square feet of living space
- Each residence has approximately 1,450 square feet, 3 bedrooms, and 3 bathrooms
- 8‑foot‑high basement with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,889
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,780
$1.4M
Cap Rate 7%
$1,012,700
$1.0M
Cap Rate 9%
$787,656
$787.7K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$134.0K $46.20/SF
− Vacancy
−$5.1K −$1.76/SF
EGI
$128.9K $44.44/SF
− OpEx
−$58.0K −$20.00/SF
NOI
$70.9K $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%
$1,417,780
Cap Rate 7%
$1,012,700
Cap Rate 9%
$787,656
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$886.1K – $1.18M
NOI $70,889 @ 7.0% cap · market cap 2.85%
Second Best
Multifamily LT 5
$685.7K
$600.0K – $800.0K
NOI $48,000 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,654 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,737
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Fresh Meadows
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate living areas, with central heating and cooling throughout.
Where is this duplex located?
The property is located at 164-38 77th Avenue Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,900 square feet of living space; Each residence has approximately 1,450 square feet, 3 bedrooms, and 3 bathrooms; 8‑foot‑high basement with a separate entrance
