Two-Family Brick
For Sale
$1,149,000
23-19 100th Street, East Elmhurst, NY 11369
Two residential units include flexible layouts, private outdoor space, a finished basement, and on-site parking.
Property Size2,016 SF
Days on Market255
Property Features for 23-19 100th Street
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,231
Amenities
private balcony
fully finished basement with separate entrance
Building Details
Building Size
2,016 SF
Year Built
2003
Buildings
1
Construction
brick
Listing Agency:
Empire Fine Homes
Listed By:
Alejandra J. Fermin CBR · License #10311205596
(917) 554-0546
Source:
Barbieliteam
Added: Jan 23
Changed: Sep 27
Last Checked: Oct 4 at 2:59PM
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 Empire Fine Homes
Investment Insights
Based on property information with market context.
This two-family brick home was built in 2003 and includes distinct residential layouts across two levels. The first-floor unit has three bedrooms and two full bathrooms, while the second-floor unit offers two bedrooms, one full bathroom, and a private balcony. A fully finished basement with a separate entrance adds recreation or storage space.
The property includes a private driveway, one-car garage, and additional off-street parking. Its East Elmhurst setting provides proximity to public transportation, major highways, shopping, schools, parks, LaGuardia Airport, Citi Field, and Flushing Meadows-Corona Park. Manhattan and surrounding Queens neighborhoods are also accessible from the property.
The property includes a private driveway, one-car garage, and additional off-street parking. Its East Elmhurst setting provides proximity to public transportation, major highways, shopping, schools, parks, LaGuardia Airport, Citi Field, and Flushing Meadows-Corona Park. Manhattan and surrounding Queens neighborhoods are also accessible from the property.
Key Highlights
- Two‑family brick home built in 2003
- First‑floor unit with 3 bedrooms and 2 full bathrooms
- Second‑floor unit with 2 bedrooms, 1 full bathroom, and a private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,280
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,600
$985.6K
Cap Rate 7%
$704,000
$704.0K
Cap Rate 9%
$547,556
$547.6K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$93.1K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$89.6K $44.44/SF
− OpEx
−$40.3K −$20.00/SF
NOI
$49.3K $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%
$985,600
Cap Rate 7%
$704,000
Cap Rate 9%
$547,556
Alternative Uses
Best Use
Apartment 5plus
$704.0K
$616.0K – $821.3K
NOI $49,280 @ 7.0% cap · market cap 4.29%
Second Best
Multifamily LT 5
$476.7K
$417.1K – $556.1K
NOI $33,368 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,035 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include flexible layouts, private outdoor space, a finished basement, and on-site parking.
Where is this duplex located?
The property is located at 23-19 100th Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two‑family brick home built in 2003; First‑floor unit with 3 bedrooms and 2 full bathrooms; Second‑floor unit with 2 bedrooms, 1 full bathroom, and a private balcony
