Two-Family Duplex with
For Sale
$1,299,000
25-37 72nd Street, Jackson Heights, NY 11370
Hardwood flooring and an open living-dining arrangement shape the interior, with an eat-in kitchen also included.
Property Size2,200 SF
Price / SF$590.45
Days on Market9
Property Features for 25-37 72nd Street
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
1
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Amenities
Hardwood
2
No
Yes
5
Eat-in Kitchen
Public
Attached
Building Details
Year Built
1955
Listing Agency:
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:13PM
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 Alex Switalski
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Investment Insights
Based on property information with market context.
This two-family property in Jackson Heights contains five bedrooms and two full bathrooms. The interior includes hardwood floors, an open living and dining area, and an eat-in kitchen. An attached garage, fenced yard, and porch add exterior features. Built in 1955, the duplex is near shopping, transportation, and everyday amenities.
Key Highlights
- Two‑family duplex with 5 bedrooms and 2 full bathrooms
- Built in 1955
- Hardwood flooring and an open living‑dining layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,778
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,560
$1.1M
Cap Rate 7%
$768,257
$768.3K
Cap Rate 9%
$597,533
$597.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$101.6K $46.20/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$97.8K $44.44/SF
− OpEx
−$44.0K −$20.00/SF
NOI
$53.8K $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%
$1,075,560
Cap Rate 7%
$768,257
Cap Rate 9%
$597,533
Alternative Uses
Best Use
Apartment 5plus
$768.3K
$672.2K – $896.3K
NOI $53,778 @ 7.0% cap · market cap 4.14%
Second Best
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,531 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,406
Businesses Nearby
Explore this area
Business Placement
Demographics for 11370, NY
34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
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 - Hardwood flooring and an open living-dining arrangement shape the interior, with an eat-in kitchen also included.
Where is this duplex located?
The property is located at 25-37 72nd Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two‑family duplex with 5 bedrooms and 2 full bathrooms; Built in 1955; Hardwood flooring and an open living‑dining layout
