Renovated Two-Family
For Sale
$1,099,000
194-44 112th Road, Saint Albans, NY 11412
Updated kitchens, bathrooms, flooring, and roofing support a refreshed residential configuration near everyday services.
Property Size1,728 SF
Days on Market49
Property Features for 194-44 112th Road
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,438
Building Details
Building Size
1,728 SF
Year Built
1930
Units
2
Listing Agency:
Nationwide Homes LLC
(347) 624-3545
Listed By:
Vanessa Budhu Mahabir
(347) 624-3545
Source:
Cohenandcohenrealty
Added: Jun 18
Changed: Aug 3
Last Checked: Aug 4 at 1:58PM
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 Nationwide Homes LLC
Investment Insights
Based on property information with market context.
Built in 1930, this two-family duplex has undergone extensive renovation with updated kitchens and bathrooms, new flooring, and a new roof. The property also includes spacious living areas, creating a practical layout for a two-household residential arrangement.
Located in Saint Albans, the home is near shopping, transportation, schools, parks, and other local amenities. Its two-family configuration and completed improvements provide a straightforward residential income property profile for a purchaser seeking a renovated duplex.
Located in Saint Albans, the home is near shopping, transportation, schools, parks, and other local amenities. Its two-family configuration and completed improvements provide a straightforward residential income property profile for a purchaser seeking a renovated duplex.
Key Highlights
- Two‑family duplex configuration
- Updated kitchens and bathrooms
- New flooring throughout the property
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.8k | $46.20 |
| − Vacancy | −$3.0k | −$1.76 |
| EGI | $76.8k | $44.44 |
| − OpEx | −$34.6k | −$20.00 |
| NOI | $42.2k | $24.44 |
1,728 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$603.4K
$528.0K – $704.0K
NOI $42,240 @ 7.0% cap · market cap 3.84%
Second Best
Multifamily LT 5
$408.6K
$357.5K – $476.7K
NOI $28,601 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,173 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,652
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchens, bathrooms, flooring, and roofing support a refreshed residential configuration near everyday services.
Where is this duplex located?
The property is located at 194-44 112th Road Saint Albans, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Updated kitchens and bathrooms; New flooring throughout the property
