Duplex with Attached
2323 Mott Ave, Far Rockaway, NY 11691
For Sale
$785,000
Two living units sit near shopping, public transportation, and schools in Far Rockaway.
Property Size1,920 SF
Price / SF$408.85
Days on Market16
Property Features for 2323 Mott Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Accomplish Realty LLC
Listed By:
Deisy Lao
(646) 244-0809
Source:
Searchhomesinlongisland
Added: Oct 24
Changed: Nov 7
Last Checked: Nov 7 at 4:19PM
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 Accomplish Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated duplex in Far Rockaway contains two living units with a combined 4 bedrooms and 3 bathrooms. The attached two-car garage provides on-site vehicle storage. The property was built in 1960 and measures 1,920 square feet.
Shopping, transportation, and schools are nearby, along with other local amenities.
Shopping, transportation, and schools are nearby, along with other local amenities.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 3 bathrooms
- 1,920 square feet
- Attached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,933
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,660
$938.7K
Cap Rate 7%
$670,471
$670.5K
Cap Rate 9%
$521,478
$521.5K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$88.7K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$85.3K $44.44/SF
− OpEx
−$38.4K −$20.00/SF
NOI
$46.9K $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%
$938,660
Cap Rate 7%
$670,471
Cap Rate 9%
$521,478
Alternative Uses
Best Use
Apartment 5plus
$670.5K
$586.7K – $782.2K
NOI $46,933 @ 7.0% cap · market cap 5.98%
Second Best
Multifamily LT 5
$454.0K
$397.2K – $529.7K
NOI $31,779 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,081 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Explore this area
Business Placement
Demographics for 11691, NY
64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Far Rockaway
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two living units sit near shopping, public transportation, and schools in Far Rockaway.
Where is this duplex located?
The property is located at 2323 Mott Ave Far Rockaway, NY.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 3 bathrooms; 1,920 square feet; Attached two‑car garage
