Renovated Duplex with Living Room
For Sale
$1,150,000
Pending
24-33 96th Street, East Elmhurst, NY 11369
Newly renovated duplex in excellent condition with living room AC and move-in readiness.
Property Size1,944 SF
Days on Market153
Property Features for 24-33 96th Street
General Information
Standard status
Pending
Size
1,944 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,851
Amenities
Living room AC
Building Details
Building Size
1,944 SF
Year Built
1930
Listing Agency:
Winzone Realty Inc
Listed By:
Xiao Feng Pan CBR · License #31PA0929296
(718) 899-7000
Source:
Barbieliteam
Added: Jun 5
Changed: Oct 31
Last Checked: Nov 3 at 2:38PM
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 Winzone Realty Inc
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Investment Insights
Based on property information with market context.
This renovated duplex is offered in excellent condition and described as move-in ready, with a whole-house renovation completed. The property includes living room AC for added comfort.
The duplex is located at 24-33 96th Street in East Elmhurst, NY 11369. Built in 1930, the home has been updated as a complete renovation, and is presented as needing no touch-ups.
Ideal for an owner-occupant or income-minded buyer seeking a residential duplex that has been refreshed throughout, the combination of whole-house renovation and in-home climate comfort supports day-to-day livability.
The duplex is located at 24-33 96th Street in East Elmhurst, NY 11369. Built in 1930, the home has been updated as a complete renovation, and is presented as needing no touch-ups.
Ideal for an owner-occupant or income-minded buyer seeking a residential duplex that has been refreshed throughout, the combination of whole-house renovation and in-home climate comfort supports day-to-day livability.
Key Highlights
- Newly renovated whole house duplex
- Living room AC
- Excellent condition with no touch ups needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,520
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
$950.4K
Cap Rate 7%
$678,857
$678.9K
Cap Rate 9%
$528,000
$528.0K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$89.8K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$86.4K $44.44/SF
− OpEx
−$38.9K −$20.00/SF
NOI
$47.5K $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%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000
Alternative Uses
Best Use
Apartment 5plus
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 4.13%
Second Best
Multifamily LT 5
$459.7K
$402.2K – $536.3K
NOI $32,176 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,320 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,410
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Newly renovated duplex in excellent condition with living room AC and move-in readiness.
Where is this duplex located?
The property is located at 24-33 96th Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Newly renovated whole house duplex; Living room AC; Excellent condition with no touch ups needed
