Duplex with Full
235 N 6th St, Lindenhurst, NY 11757
For Sale
$749,000
Two gas meters and two electric meters support separate utility service for the building.
Property Size1,664 SF
Lot Size0.11 Acres
Price / SF$450.12
Days on Market11
Property Features for 235 N 6th St
General Information
Standard status
Size
Lot size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Building Details
Year Built
Listing Agency:
Signature Premier Properties
Listed By:
Loraine Burke CBR
(631) 422-3100
Source:
Searchhomesinlongisland
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:54AM
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 Signature Premier Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 1,664 square feet, with four bedrooms and two full bathrooms. A full basement adds below-grade space, and the property has two gas meters and two electric meters. The home was built in 1954 and occupies a 50-by-100-foot lot in Lindenhurst, New York.
Key Highlights
- Legal 2 by C/O duplex
- 1,664 square feet with 4 bedrooms and 2 full bathrooms
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,132
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,640
$642.6K
Cap Rate 7%
$459,029
$459.0K
Cap Rate 9%
$357,022
$357.0K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$48.9K $29.40/SF
− Vacancy
−$3.0K −$1.81/SF
EGI
$45.9K $27.59/SF
− OpEx
−$13.8K −$8.28/SF
NOI
$32.1K $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%
$642,640
Cap Rate 7%
$459,029
Cap Rate 9%
$357,022
Alternative Uses
Best Use
Multifamily LT 5
$459.0K
$401.7K – $535.5K
NOI $32,132 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$422.5K
$369.7K – $492.9K
NOI $29,573 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$506.9K
$443.6K – $591.4K
NOI $35,485 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 11757, NY
45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value
Market
Properties on Market for Duplexes in Suffolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two gas meters and two electric meters support separate utility service for the building.
Where is this duplex located?
The property is located at 235 N 6th St Lindenhurst, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Legal 2 by C/O duplex; 1,664 square feet with 4 bedrooms and 2 full bathrooms; Full basement
