Two Newly Constructed Homes
23 Doherty Avenue Elmont, NY 11003
23 Doherty Avenue, Elmont, NY, 11003
$1,699,999
For Sale
$1,699,999
Two newly constructed homes are sold together, with private parking designed for multiple vehicles and guests.
Property Size4,400 SF
Price / SF$386.36
Days on Market25
Property Features for 23 Doherty Avenue
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2026
Listing agency
Best American Homes Inc
(516) 792-6252
Listed by
Amandeep Kaur
(516) 792-6252
Source
Compass
Added: Jun 28 Updated: Jul 21 at 10:45PM Checked: Jul 21 at 10:45PM
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 Best American Homes Inc
Investment Insights
Based on property information with market context.
This offering presents two newly constructed homes sold together as a single package, providing a combined option for multi-generational living, owner-occupancy with additional income, or an investor looking for a property set-up with rental flexibility. Both residences feature thoughtfully designed layouts with premium finishes and a contemporary style throughout.
The expansive property includes private parking for multiple vehicles, guests, or business needs, and is positioned just moments from Hempstead Turnpike. The public remarks note convenient access to shopping, restaurants, parks, schools, major highways, and public transportation.
Available as one combined purchase, this “compound-style” configuration is intended to bring together two brand-new homes on one lot, supported by the practical benefit of on-site private parking.
The expansive property includes private parking for multiple vehicles, guests, or business needs, and is positioned just moments from Hempstead Turnpike. The public remarks note convenient access to shopping, restaurants, parks, schools, major highways, and public transportation.
Available as one combined purchase, this “compound-style” configuration is intended to bring together two brand-new homes on one lot, supported by the practical benefit of on-site private parking.
Key Highlights
- Two newly constructed homes sold together as a package
- Year built: 2026; HardiPlank type exterior construction
- Finished basement (finished: yes)
Local 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 | $203.3k | $46.20 |
| − Vacancy | −$7.7k | −$1.76 |
| EGI | $195.6k | $44.44 |
| − OpEx | −$88.0k | −$20.00 |
| NOI | $107.6k | $24.44 |
4,400 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.54M
$1.34M – $1.79M
NOI $107,555 @ 7.0% cap · market cap 6.33%
Second Best
Multifamily LT 5
$1.04M
$910.3K – $1.21M
NOI $72,827 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $227,061 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
House Mouse Inc
Garden Center
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two newly constructed homes are sold together, with private parking designed for multiple vehicles and guests.
Where is this duplex located?
The property is located at 23 Doherty Avenue Elmont, NY.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: Two newly constructed homes sold together as a package; Year built: 2026; HardiPlank type exterior construction; Finished basement (finished: yes)
