4-Unit Quadplex with Eat-In
For Sale
$1,550,000
168-66 93rd Avenue, Jamaica, NY 11433
The four-family residence includes 12 bedrooms, four full baths, and formal dining space.
Property Size5,246 SF
Price / SF$295.46
Days on Market9
Property Features for 168-66 93rd Avenue
General Information
Standard status
Active
Size
5,246 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$42,642
Amenities
Full
4
No
Yes
12
First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Formal Dining
Other
On Street
5246
Building Details
Building Size
5,246 SF
Year Built
2004
Listing Agency:
(516) 703-2918
Listed By:
Donna Francavilla
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:01PM
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 Donna Francavilla
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Investment Insights
Based on property information with market context.
Built in 2004, this 5,246-square-foot quadplex has 12 bedrooms and four full baths. Its interior includes an eat-in kitchen and a formal dining room, with a bedroom and full bath on the first floor.
Key Highlights
- Four‑family property with 12 bedrooms and four full baths
- 5,246 square feet; built in 2004
- First‑floor bedroom and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,235
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,564,700
$2.6M
Cap Rate 7%
$1,831,929
$1.8M
Cap Rate 9%
$1,424,833
$1.4M
Market Conditions
NOI Build-Up for 5,246 SF
Gross rent
$242.4K $46.20/SF
− Vacancy
−$9.2K −$1.76/SF
EGI
$233.2K $44.44/SF
− OpEx
−$104.9K −$20.00/SF
NOI
$128.2K $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%
$2,564,700
Cap Rate 7%
$1,831,929
Cap Rate 9%
$1,424,833
Alternative Uses
Best Use
Apartment 5plus
$1.83M
$1.60M – $2.14M
NOI $128,235 @ 7.0% cap · market cap 8.27%
Second Best
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,830 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$3.87M
$3.38M – $4.51M
NOI $270,719 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,639
Businesses Nearby
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Business Placement
Demographics for 11433, NY
39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The four-family residence includes 12 bedrooms, four full baths, and formal dining space.
Where is this quadplex located?
The property is located at 168-66 93rd Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Four‑family property with 12 bedrooms and four full baths; 5,246 square feet; built in 2004; First‑floor bedroom and full bath
