Beach 129th Street Multifamily
For Sale
$949,000
Pending
182 Beach 129th St, Queens, NY 11694
Multifamily property for sale in Queens, New York.
Property Size1,840 SF
Lot Size0.09 Acres
Days on Market309
Property Features for 182 Beach 129th St
General Information
Standard status
Pending
Size
1,840 SF
Lot size
0.09 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$10,863
Building Details
Building Size
1,840 SF
Year Built
1940
Stories
2
Listed By:
Peter Hernandez
(718) 645-1665
Source:
Elliman
Added: Dec 3, 2025
Changed: Sep 25
Last Checked: Oct 7 at 2:37PM
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 Peter Hernandez
Investment Insights
Based on property information with market context.
A multifamily property is available for sale. The list price is $949,000.
Key Highlights
- Year Built: 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,978
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,560
$899.6K
Cap Rate 7%
$642,543
$642.5K
Cap Rate 9%
$499,756
$499.8K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$85.0K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$81.8K $44.44/SF
− OpEx
−$36.8K −$20.00/SF
NOI
$45.0K $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%
$899,560
Cap Rate 7%
$642,543
Cap Rate 9%
$499,756
Alternative Uses
Best Use
Apartment 5plus
$642.5K
$562.2K – $749.6K
NOI $44,978 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,953 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 11694, NY
19,780
Population
9,103
Households
2.2
Avg Household Size
46
Median Age
43%
College-Educated
90%
High-School Grad
1.7 sq mi
ZIP Area
11,635
Density / Sq Mi
$103,792
Median Household Income
$65,602
Median Earnings
$1,787
Median Rent
$839,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property for sale in Queens, New York.
Where is this multifamily property located?
The property is located at 182 Beach 129th St Queens, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Year Built: 1940
