Two-Family Duplex with
For Sale
$1,275,000
168-11 84th Avenue, Jamaica, NY 11432
Two residential units offer three-bedroom layouts, while a finished basement adds separate-entry space and a bath.
Property Size1,908 SF
Days on Market51
Property Features for 168-11 84th Avenue
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,447
Building Details
Building Size
1,908 SF
Year Built
1925
Listing Agency:
Exit Realty Prime
Listed By:
Sarwor Khan CBR · License #1055152
(347) 665-7580
Source:
Barbieliteam
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 3 at 1:58PM
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 Exit Realty Prime
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Investment Insights
Based on property information with market context.
This two-family residential property, built in 1925, provides a three-bedroom arrangement on each of its two primary floors. Both levels include living and dining areas, kitchens, one full bathroom, and one half bathroom. The second floor has been fully renovated, adding updated condition to one of the two units.
A finished basement expands the property with two additional rooms and a bathroom, along with its own separate entrance. The property is scheduled for delivery vacant, allowing the next owner to occupy or lease the available space subject to applicable requirements.
A finished basement expands the property with two additional rooms and a bathroom, along with its own separate entrance. The property is scheduled for delivery vacant, allowing the next owner to occupy or lease the available space subject to applicable requirements.
Key Highlights
- Two‑family duplex configuration with three‑bedroom layouts on both primary floors
- Second floor fully renovated
- Finished basement includes 2 rooms and a bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,640
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,800
$932.8K
Cap Rate 7%
$666,286
$666.3K
Cap Rate 9%
$518,222
$518.2K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$88.1K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$84.8K $44.44/SF
− OpEx
−$38.2K −$20.00/SF
NOI
$46.6K $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%
$932,800
Cap Rate 7%
$666,286
Cap Rate 9%
$518,222
Alternative Uses
Best Use
Apartment 5plus
$666.3K
$583.0K – $777.3K
NOI $46,640 @ 7.0% cap · market cap 3.66%
Second Best
Multifamily LT 5
$451.1K
$394.8K – $526.3K
NOI $31,580 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,462 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,732
Businesses Nearby
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Business Placement
Demographics for 11432, NY
65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, while a finished basement adds separate-entry space and a bath.
Where is this duplex located?
The property is located at 168-11 84th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two‑family duplex configuration with three‑bedroom layouts on both primary floors; Second floor fully renovated; Finished basement includes 2 rooms and a bath
