172-23 83 Avenue, Jamaica Estates, NY 11432
MULTI_FAMILY - Other - Jamaica Estates, NY
- Added:
- May 26, 2026
- Days on Market:
- 39
- Last Refresh:
- Jul 3 at 6:06 am
Property Features for 172-23 83 Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Driveway
- Security features
- Security System
- Interior features
- Walk-In Closet(s), Entrance Foyer
- Standard status
- Active
- Size
- 2,964 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9315
Utilities
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Floors in Building
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent David Kissoon (718) 846-2400
Listing office HOMES OF NY REALTY INC 124 17 101 AVE 1ST FL, RICHMOND HILL, NY (718) 846-2400
Listing date May 26, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑bedroom solid brick home with 3 baths plus additional bathrooms listed in the room layout
- Finished basement includes a bath and laundry room
- Gas heating with baseboard heat and natural gas
- Hardwood flooring and an entrance foyer with walk‑in closet(s)
- Asphalt roof and brick exterior construction
- Driveway parking with public water service
Overview
The property is located in the Jamaica Estates vicinity near Saint Johns University. Bus lines are described as being about 2 blocks away, with subway lines about 4 blocks away. PS 131 is also within blocks, and the listing notes that shopping is close to Union Turnpike. Synagogues and a mosque are listed as being within the area.
This home may suit buyers looking for a substantial residence with built-in flexibility from its finished basement and additional 3rd-level living space. With three bathrooms supporting multiple bedroom areas and a layout designed around generous room sizes, it can be a practical fit for owner-occupants and for those evaluating the property as a residential income asset, as indicated in the listing profile.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.9k | $46.20 |
| − Vacancy | −$5.2k | −$1.76 |
| EGI | $131.7k | $44.44 |
| − OpEx | −$59.3k | −$20.00 |
| NOI | $72.5k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jamaica Estates
- County
- Queens
- State
- New York
- Longitude
- -73.792725
- Latitude
- 40.718149
