Two-Unit Brick Duplex with Rooftop
For Sale
$1,890,000
Pending
18-34 120th Street, College Point, NY 11356
Residential Income, College Point, NY
Property Size3,813 SF
Lot Size0.08 Acres
Days on Market47
Property Features for 18-34 120th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 5, Laundry Room, Bathroom 3
Parking features
Driveway
Security features
Security System
Patio and Porch features
Patio
Interior features
Entrance Foyer, Master Downstairs
Fencing
Fenced
Subdivision
Flushing
View
City, Water
Standard status
Pending
Size
3,813 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10957
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Amenities
rooftop deck
finished basement
Building Details
Year built
2024
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
EAST COAST NEW YORK
(718) 428-2900
Listed By:
Eric W Li · License #10301218578
(917) 974-0992
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 5 at 11:06PM
MLS# 11941498
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.
Investment Insights
Based on property information with market context.
Built in 2024, this brick duplex contains two residences, each arranged with three bedrooms and two full bathrooms. A finished basement adds a full bathroom, laundry area, summer kitchen, radiant heat, and its own side entrance, with access to the backyard. The property also includes a rooftop patio with views of the Manhattan skyline.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2024 brick construction
- Finished basement with radiant heat, full bathroom, laundry area, and summer kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,207
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,864,140
$1.9M
Cap Rate 7%
$1,331,529
$1.3M
Cap Rate 9%
$1,035,633
$1.0M
Market Conditions
NOI Build-Up for 3,813 SF
Gross rent
$176.2K $46.20/SF
− Vacancy
−$6.7K −$1.76/SF
EGI
$169.5K $44.44/SF
− OpEx
−$76.3K −$20.00/SF
NOI
$93.2K $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%
$1,864,140
Cap Rate 7%
$1,331,529
Cap Rate 9%
$1,035,633
Alternative Uses
Best Use
Apartment 5plus
$1.33M
$1.17M – $1.55M
NOI $93,207 @ 7.0% cap · market cap 4.93%
Second Best
Multifamily LT 5
$901.6K
$788.9K – $1.05M
NOI $63,111 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,769 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,756
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate three-bedroom residences are complemented by a finished lower level and private outdoor areas.
Where is this duplex located?
The property is located at 18-34 120th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2024 brick construction; Finished basement with radiant heat, full bathroom, laundry area, and summer kitchen
