Detached Two-Family
1827 Gateway Boulevard, Queens, NY 11691
For Sale
New
$899,000
Residential, Colonial, Queens, NY
Property Size1,080 SF
Lot Size0.09 Acres
Price / SF$832.41
Days on Market3
Property Features for 1827 Gateway Boulevard
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
finished basement
spacious backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
RD Realty Consultants I LLC
Listed By:
David James
(718) 859-0800
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 505768
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This detached duplex, built in 1996, contains six bedrooms and four bathrooms. The 1,080-square-foot property includes a finished basement, private driveway, and backyard. Interior features include a laundry area, washer and dryer, microwave, and refrigerator, with carpet and hardwood flooring. The home will be vacant at closing.
The property occupies a 0.0906-acre lot and is zoned R4-1. Public transportation, shopping, and schools are described as nearby.
The property occupies a 0.0906-acre lot and is zoned R4-1. Public transportation, shopping, and schools are described as nearby.
Key Highlights
- Two‑family detached duplex with 6 bedrooms and 4 bathrooms
- 1,080 square feet on a 0.0906‑acre lot
- Finished basement, private driveway, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,688
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,760
$533.8K
Cap Rate 7%
$381,257
$381.3K
Cap Rate 9%
$296,533
$296.5K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$41.5K $38.40/SF
− Vacancy
−$3.3K −$3.10/SF
EGI
$38.1K $35.30/SF
− OpEx
−$11.4K −$10.59/SF
NOI
$26.7K $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%
$533,760
Cap Rate 7%
$381,257
Cap Rate 9%
$296,533
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.8K
NOI $26,688 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$377.1K
$330.0K – $440.0K
NOI $26,400 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$796.2K
$696.7K – $928.9K
NOI $55,733 @ 7.0% cap · market cap 6.20%
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
2,050
Businesses Nearby
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Business Placement
Demographics for 11691, NY
64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Queens, NY
Properties on Market for Duplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A private driveway, finished basement, and backyard add useful space to this vacant-at-closing property.
Where is this duplex located?
The property is located at 1827 Gateway Boulevard Queens, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family detached duplex with 6 bedrooms and 4 bathrooms; 1,080 square feet on a 0.0906‑acre lot; Finished basement, private driveway, and backyard
