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Duplex With Finished Basement
New
For Sale
$1,698,000

192-14 35th Avenue, Flushing, NY 11358

Residential Income, Flushing, NY

Property Size2,208 SF
Lot Size0.08 Acres
Price / SF$769.02
Days on Market2

Property Features for 192-14 35th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Basement, Bedroom 5, Bathroom 1, Bedroom 3, Dining Room, Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 2
Parking features Driveway, Garage
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining
Basement Finished
Elementary school Ps 32 State Street
Middle school Is 25 Adrien Block
High school Francis Lewis High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 26
Directions Google Maps
Standard status Active
APN 05313-0007
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11253

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1960
Number of units 2
Flooring type Hardwood
Building materials Brick
Listing Agency: B Square Realty
Listed By: Li Li
Added: Oct 5 Last Checked: Oct 6 at 3:06AM
MLS# 1057874

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This detached brick duplex contains two separate residences, each with three bedrooms, for a total of 2,208 square feet. The 24.33' x 46' building has updated kitchens and bathrooms, hardwood floors, and newer front and rear windows. A finished, walk-in basement has its own front and side entrances. A driveway and attached garage provide off-street parking.

Each residence has its own electric and gas meter and individual boiler. The property is in Auburndale, Flushing, near the Auburndale LIRR station, local bus service, shops, supermarkets, restaurants, and parks.

Key Highlights

  • Two residences, each with 3 bedrooms
  • 2,208 SF building on a 24.33' x 46' footprint
  • Detached brick construction; built in 1960

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,973
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,460 $1.1M
Cap Rate 7%
$771,043 $771.0K
Cap Rate 9%
$599,700 $599.7K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$102.0K $46.20/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$98.1K $44.44/SF
− OpEx
−$44.2K −$20.00/SF
NOI
$54.0K $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%
$1,079,460
Cap Rate 7%
$771,043
Cap Rate 9%
$599,700

Alternative Uses

Best Use
Apartment 5plus
$771.0K
$674.7K – $899.6K (±1% cap)
NOI $53,973 @ 7.0% cap · market cap 3.18%
Second Best
Multifamily LT 5
$522.1K
$456.8K – $609.1K (±1% cap)
NOI $36,546 @ 7.0% cap · market cap 2.15%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,943 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Tech Support Center Computer & Electronic Repair Electronics & Wireless Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,990
Businesses Nearby

Demographics for 11358, NY

40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences have separate utility meters and heating systems, plus finished lower-level space.
Where is this duplex located?
The property is located at 192-14 35th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms; 2,208 SF building on a 24.33' x 46' footprint; Detached brick construction; built in 1960
More about this property
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