Two-Family Brick
New
For Sale
$1,149,000
23-19 100th Street, East Elmhurst, NY 11369
Two residences offer distinct bedroom and bathroom configurations, complemented by a finished basement with a separate entrance.
Property Size2,016 SF
Price / SF$569.94
Days on Market4
Property Features for 23-19 100th Street
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,231
Amenities
private balcony
finished basement
separate entrance
Finished,Full
Hardwood
3
No
Yes
5
Primary Bathroom
Finished, Full
Back Yard,Fenced
Public
2
Driveway, Private
2016
Building Details
Building Size
2,016 SF
Year Built
2003
Buildings
1
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Sooyeon (Kelly) Moon
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:50PM
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 Sooyeon (Kelly) Moon
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Investment Insights
Based on property information with market context.
This brick two-family home, constructed in 2003, contains a three-bedroom, two-bathroom first-floor residence and a second-floor residence with two bedrooms, one bathroom, and a private balcony. The finished basement has a separate entrance and can serve as recreation or storage space. A private driveway and one-car garage provide on-site parking.
The property is in East Elmhurst, near public transportation, major highways, shopping, schools, and parks. LaGuardia Airport, Citi Field, and Flushing Meadows-Corona Park are also identified among nearby destinations, with access to Manhattan and other Queens neighborhoods.
The property is in East Elmhurst, near public transportation, major highways, shopping, schools, and parks. LaGuardia Airport, Citi Field, and Flushing Meadows-Corona Park are also identified among nearby destinations, with access to Manhattan and other Queens neighborhoods.
Key Highlights
- Two‑family brick home built in 2003
- First‑floor residence has 3 bedrooms and 2 bathrooms
- Second‑floor residence has 2 bedrooms, 1 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct bedroom and bathroom configurations, complemented by a finished basement with a separate entrance.
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 residence has 3 bedrooms and 2 bathrooms; Second‑floor residence has 2 bedrooms, 1 bathroom, and a private balcony
