Duplex with Finished
190-28 111th Ave, Saint Albans, NY 11412
For Sale
$1,075,000
The two-family layout provides six bedrooms and three bathrooms across 1,944 square feet.
Property Size1,944 SF
Price / SF$552.98
Days on Market14
Property Features for 190-28 111th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Exit Realty Prime
Listed By:
Sarwor Khan CBR · License #1055152
(718) 262-0205
Source:
Jaida.mappmyhome
Added: Oct 25
Changed: Nov 7
Last Checked: Nov 7 at 3:02PM
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 Exit Realty Prime
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Investment Insights
Based on property information with market context.
Built in 1945, this Saint Albans duplex contains two family residences with a combined 1,944 square feet. The property offers six bedrooms, three bathrooms and a full finished basement.
At 190-28 111th Ave, the home is near schools, grocery stores and restaurants.
At 190-28 111th Ave, the home is near schools, grocery stores and restaurants.
Key Highlights
- Two‑family duplex with 1,944 square feet
- Six bedrooms and three bathrooms
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,520
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
$950.4K
Cap Rate 7%
$678,857
$678.9K
Cap Rate 9%
$528,000
$528.0K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$89.8K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$86.4K $44.44/SF
− OpEx
−$38.9K −$20.00/SF
NOI
$47.5K $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%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000
Alternative Uses
Best Use
Apartment 5plus
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 4.42%
Second Best
Multifamily LT 5
$459.7K
$402.2K – $536.3K
NOI $32,176 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,320 @ 7.0% cap · market cap 9.33%
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
2,149
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
Properties on Market for Duplexes in Saint Albans
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout provides six bedrooms and three bathrooms across 1,944 square feet.
Where is this duplex located?
The property is located at 190-28 111th Ave Saint Albans, NY.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Two‑family duplex with 1,944 square feet; Six bedrooms and three bathrooms; Full finished basement
