Duplex with Finished
New
For Sale
$1,699,999
16905 104th Avenue, Jamaica, NY 11433
Residential Income, Jamaica, NY
Property Size5,500 SF
Lot Size0.09 Acres
Price / SF$309.09
Days on Market1
Property Features for 16905 104th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
8
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 4, Bedroom 4, Bathroom 7, Bedroom 5, Basement, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bedroom 7, Bedroom 8, Bedroom 2, Bedroom 1, Bathroom 5
Parking features
Driveway, Off Street
Interior features
First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Granite Counters, Primary Bathroom, Master Downstairs, Recessed Lighting, Washer/Dryer Hookup
Basement
Finished, Full
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
10223-0036
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2739
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
chef's kitchen with granite countertops and stainless steel appliances
island
finished basement
laundry room
central HVAC
recessed lighting
designer acoustic wall panels
new electrical, heating and plumbing
Building Details
Year built
2026
Number of units
2
Building materials
Brick
Buildings
1
Listing Agency:
Keystone Realty USA Corp
(631) 261-2800
Listed By:
Gabriel Kashi
(347) 419-5268
Added: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 1066145
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 Jamaica, this brick duplex is planned with two four-bedroom, three-bathroom residences above a finished basement. Each home includes an open living and dining area, a granite kitchen with an island and stainless steel appliances, and a primary suite with an en-suite bathroom. Laundry rooms and closet storage are provided on each floor. The basement has interior and exterior access.
The property occupies a 40-by-100-foot lot at 169-05 104th Avenue. Merrick Boulevard, Liberty Avenue, and 168th Street are nearby, along with schools, shopping, restaurants, cafés, and parks.
Planned features include oak flooring, recessed lighting, central HVAC, and updated electrical, heating, and plumbing systems. The property is listed as a 2026 build.
The property occupies a 40-by-100-foot lot at 169-05 104th Avenue. Merrick Boulevard, Liberty Avenue, and 168th Street are nearby, along with schools, shopping, restaurants, cafés, and parks.
Planned features include oak flooring, recessed lighting, central HVAC, and updated electrical, heating, and plumbing systems. The property is listed as a 2026 build.
Key Highlights
- Two four‑bedroom, three‑bathroom residences
- 5,500 square feet of living space
- 40x100 lot; 0.0918 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,444
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,688,880
$2.7M
Cap Rate 7%
$1,920,629
$1.9M
Cap Rate 9%
$1,493,822
$1.5M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$254.1K $46.20/SF
− Vacancy
−$9.7K −$1.76/SF
EGI
$244.4K $44.44/SF
− OpEx
−$110.0K −$20.00/SF
NOI
$134.4K $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%
$2,688,880
Cap Rate 7%
$1,920,629
Cap Rate 9%
$1,493,822
Alternative Uses
Best Use
Apartment 5plus
$1.92M
$1.68M – $2.24M
NOI $134,444 @ 7.0% cap · market cap 7.91%
Second Best
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,034 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$4.05M
$3.55M – $4.73M
NOI $283,826 @ 7.0% cap · market cap 16.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,204
Businesses Nearby
Explore this area
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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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 four-bedroom residences offer open living areas, separate laundry rooms, and central HVAC.
Where is this duplex located?
The property is located at 16905 104th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: Two four‑bedroom, three‑bathroom residences; 5,500 square feet of living space; 40x100 lot; 0.0918 acres
