Duplex with Walk-Out
For Sale
$979,000
Pending
22-24 Conifer Court, Northport, NY 11768
The Colonial-style property includes central air conditioning and a driveway.
Property Size2,295 SF
Days on Market24
Property Features for 22-24 Conifer Court
General Information
Standard status
Pending
Size
2,295 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$20,138
Amenities
Central Air
Baseboard, Oil
Full, Storage Space, Unfinished, Walk-Out Access
Eat-in Kitchen, Master Downstairs, Storage
Driveway
Colonial
Building Details
Building Size
2,295 SF
Year Built
1979
Listed By:
Kathryn A. Martin SFR CBR
(516) 901-2899
Source:
Evrealestate
Added: Sep 24
Changed: Oct 16
Last Checked: Oct 16 at 8:26AM
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 Kathryn A. Martin SFR CBR
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Investment Insights
Based on property information with market context.
Located at 22-24 Conifer Court in Northport, this duplex was built in 1979 and has Colonial-style exterior design. Interior features include central air conditioning, baseboard heat fueled by oil, and an eat-in kitchen. The property also has a full, unfinished basement with walk-out access and storage space, along with additional interior storage.
Key Highlights
- Full unfinished basement with walk‑out access and storage space
- Central air conditioning and oil‑fired baseboard heat
- Eat‑in kitchen and additional interior storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,317
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,340
$886.3K
Cap Rate 7%
$633,100
$633.1K
Cap Rate 9%
$492,411
$492.4K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$67.5K $29.40/SF
− Vacancy
−$4.2K −$1.81/SF
EGI
$63.3K $27.59/SF
− OpEx
−$19.0K −$8.28/SF
NOI
$44.3K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,340
Cap Rate 7%
$633,100
Cap Rate 9%
$492,411
Alternative Uses
Best Use
Multifamily LT 5
$633.1K
$554.0K – $738.6K
NOI $44,317 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$582.7K
$509.9K – $679.8K
NOI $40,788 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$699.2K
$611.8K – $815.7K
NOI $48,941 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 11768, NY
21,433
Population
8,581
Households
2.5
Avg Household Size
50
Median Age
62%
College-Educated
99%
High-School Grad
15.1 sq mi
ZIP Area
1,419
Density / Sq Mi
$163,435
Median Household Income
$68,583
Median Earnings
$2,222
Median Rent
$779,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The Colonial-style property includes central air conditioning and a driveway.
Where is this duplex located?
The property is located at 22-24 Conifer Court Northport, NY.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Full unfinished basement with walk‑out access and storage space; Central air conditioning and oil‑fired baseboard heat; Eat‑in kitchen and additional interior storage
