Two-Family Duplex with
New
For Sale
$989,999
187-16 Mangin Avenue, Saint Albans, NY 11412
Two primary suites and a separate basement entry complement the two-family layout.
Property Size1,800 SF
Price / SF$549
Days on Market2
Property Features for 187-16 Mangin Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,500
Amenities
private backyard
Marble Counters
Open Floorplan
Building Details
Building Size
1,800 SF
Year Built
1936
Buildings
1
Units
2
Listing Agency:
Voro LLC
Listed By:
Eric Santiago
(631) 609-5161
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 3:19PM
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 Voro LLC
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Investment Insights
Based on property information with market context.
This 1,800-square-foot duplex in Saint Albans offers six bedrooms, two full bathrooms, and two half bathrooms. Each of the two primary suites has a private bathroom. The kitchen includes stainless steel appliances and updated cabinetry, while a finished basement with its own entrance provides additional interior space. A private backyard and renovated two-car garage are also part of the property.
Built in 1936, the home is at 187-16 Mangin Avenue. Public transportation, shopping, schools, and neighborhood amenities are accessible from the property.
Built in 1936, the home is at 187-16 Mangin Avenue. Public transportation, shopping, schools, and neighborhood amenities are accessible from the property.
Key Highlights
- Duplex configuration with 6 bedrooms
- 1,800 square feet; built in 1936
- Two primary suites, each with a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,000
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,000
$880.0K
Cap Rate 7%
$628,571
$628.6K
Cap Rate 9%
$488,889
$488.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$83.2K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$80.0K $44.44/SF
− OpEx
−$36.0K −$20.00/SF
NOI
$44.0K $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%
$880,000
Cap Rate 7%
$628,571
Cap Rate 9%
$488,889
Alternative Uses
Best Use
Apartment 5plus
$628.6K
$550.0K – $733.3K
NOI $44,000 @ 7.0% cap · market cap 4.44%
Second Best
Multifamily LT 5
$425.6K
$372.4K – $496.6K
NOI $29,793 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,889 @ 7.0% cap · market cap 9.38%
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
1,341
Businesses Nearby
Explore this area
Business Placement
Demographics for 11412, NY
37,958
Population
12,821
Households
3
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
23,724
Density / Sq Mi
$98,418
Median Household Income
$48,243
Median Earnings
$1,630
Median Rent
$633,800
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 primary suites and a separate basement entry complement the two-family layout.
Where is this duplex located?
The property is located at 187-16 Mangin Avenue Saint Albans, NY.
What is the asking price?
The asking price for this property is $989,999.
What are key features of this property?
This property features: Duplex configuration with 6 bedrooms; 1,800 square feet; built in 1936; Two primary suites, each with a private bathroom
