Two-Family Duplex
17503 109th Ave, Jamaica, NY 11433
For Sale
$1,150,000
Each residence includes three bedrooms, a private bathroom, and its own dining and kitchen areas.
Property Size2,256 SF
Price / SF$509.75
Days on Market26
Property Features for 17503 109th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
full finished basement
private backyard
Listing Agency:
Partners A N Inc
Listed By:
Nari Deo
(347) 418-8382
Source:
Exprealty
Added: Oct 20
Changed: Nov 10
Last Checked: Nov 12 at 11:18AM
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 Partners A N Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This legal two-family property contains two three-bedroom residences, each with a private bathroom, dining area, and kitchen. The property totals 2,256 square feet. A finished basement has a separate entrance and two rooms; the site also includes a private driveway and backyard.
Bus and subway access, schools, and shopping areas are identified nearby. The property is located in Jamaica, Queens.
Bus and subway access, schools, and shopping areas are identified nearby. The property is located in Jamaica, Queens.
Key Highlights
- Legal two‑family property totaling 2,256 square feet
- Two residences, each with 3 bedrooms and a private bathroom
- Separate dining and kitchen areas on both floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,748
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,960
$1.1M
Cap Rate 7%
$796,400
$796.4K
Cap Rate 9%
$619,422
$619.4K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$86.6K $38.40/SF
− Vacancy
−$7.0K −$3.10/SF
EGI
$79.6K $35.30/SF
− OpEx
−$23.9K −$10.59/SF
NOI
$55.7K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,960
Cap Rate 7%
$796,400
Cap Rate 9%
$619,422
Alternative Uses
Best Use
Multifamily LT 5
$796.4K
$696.9K – $929.1K
NOI $55,748 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$787.8K
$689.3K – $919.1K
NOI $55,147 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,420 @ 7.0% cap · market cap 10.12%
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
Location Intelligence
Trade Area within ½ mile
1,477
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Jamaica
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, a private bathroom, and its own dining and kitchen areas.
Where is this duplex located?
The property is located at 17503 109th Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal two‑family property totaling 2,256 square feet; Two residences, each with 3 bedrooms and a private bathroom; Separate dining and kitchen areas on both floors
