Two-Unit
New
For Sale
$999,999
1826 120th Street, College Point, NY 11356
Two new full bathrooms serve the two-family residence.
Property Size2,168 SF
Days on Market4
Property Features for 1826 120th Street
General Information
Standard status
Active
Size
2,168 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,246
Building Details
Building Size
2,168 SF
Year Built
1910
Listing Agency:
Suydam Agency Inc
Listed By:
Anthony Skoros · License #31SK1151456
(917) 364-4922
Source:
Barbieliteam
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:15PM
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 Suydam Agency Inc
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Investment Insights
Based on property information with market context.
This two-family duplex has two full bathrooms described as new. The property was built in 1910.
Located at 1826 120th Street in College Point, the home is near stores and bus service.
Located at 1826 120th Street in College Point, the home is near stores and bus service.
Key Highlights
- Two‑family duplex
- Two new full bathrooms
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,996
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,920
$1.1M
Cap Rate 7%
$757,086
$757.1K
Cap Rate 9%
$588,844
$588.8K
Market Conditions
NOI Build-Up for 2,168 SF
Gross rent
$100.2K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.4K $44.44/SF
− OpEx
−$43.4K −$20.00/SF
NOI
$53.0K $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%
$1,059,920
Cap Rate 7%
$757,086
Cap Rate 9%
$588,844
Alternative Uses
Best Use
Apartment 5plus
$757.1K
$662.5K – $883.3K
NOI $52,996 @ 7.0% cap · market cap 5.30%
Second Best
Multifamily LT 5
$512.6K
$448.6K – $598.1K
NOI $35,884 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,879 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two new full bathrooms serve the two-family residence.
Where is this duplex located?
The property is located at 1826 120th Street College Point, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑family duplex; Two new full bathrooms; Built in 1910
