Duplex with Detached
New
For Sale
$2,490,000
164-38 77th Avenue, Fresh Meadows, NY 11366
Residential Income, Fresh Meadows, NY
Property Size2,900 SF
Lot Size0.10 Acres
Price / SF$858.62
Days on Market2
Property Features for 164-38 77th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 6, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 3, Bathroom 4, Basement, Bathroom 1, Bedroom 1
Basement
Full, Finished
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
APN
06970-0024
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9135
Utilities
Heating system
Natural Gas
Building Details
Year built
2026
Number of units
2
Buildings
1
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Vera Y. Wu
(646) 633-2828
Added: Nov 4
Last Checked: Nov 5 at 1:06PM
MLS# 1070292
Copyright © 2026 OneKey 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.
Under construction in Fresh Meadows, this duplex is planned with two residences totaling approximately 2,900 square feet. Each dwelling is described as having approximately 1,450 square feet and three bedrooms. The property also includes a detached garage and an 8-foot-high basement with a separate entrance. Central heating and cooling are planned, and the stated lot dimensions are 40 by 105 feet.
The property is near St. John’s University, supermarkets, shopping, major highways, and public transportation. The stated construction year is 2026.
The property is near St. John’s University, supermarkets, shopping, major highways, and public transportation. The stated construction year is 2026.
Key Highlights
- Two dwellings with approximately 1,450 square feet and three bedrooms each
- Approximately 2,900 square feet of living area
- 40‑by‑105‑foot lot
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,363
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide six bedrooms and a combined 2,900 square feet of living area.
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 dwellings with approximately 1,450 square feet and three bedrooms each; Approximately 2,900 square feet of living area; 40‑by‑105‑foot lot
