Two-Unit Brick
29-25 200th Street, Queens, NY 11360
For Sale
$1,600,000
Each residence has three bedrooms and two bathrooms, with a full unfinished basement serving the property.
Property Size3,040 SF
Lot Size0.06 Acres
Price / SF$526.32
Days on Market19
Property Features for 29-25 200th Street
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
private driveway
full unfinished basement
Square Feet
Full, See Remarks, Unfinished, Yes
Concrete
Concrete, Other, Public
Other
No
Brick
Driveway, Shared Driveway
Building Details
Year Built
Construction
Listing Agency:
eXp Realty
Listed By:
Ramanjit Dhanoa
(888) 276-0630
Source:
Compass
Added: Oct 20
Changed: Nov 6
Last Checked: Nov 6 at 3:42PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Built in 1930, this brick duplex contains two residential units, each arranged with three bedrooms and two bathrooms. The property offers approximately 3,040 square feet of living area on approximately 2,600 square feet of land. A full, unfinished basement provides additional storage space. Gas and electric service are separately metered for the two units.
The property is in the Bayside/Auburndale section of Queens, near neighborhood shopping, dining, public transportation, and major roadways.
The property is in the Bayside/Auburndale section of Queens, near neighborhood shopping, dining, public transportation, and major roadways.
Key Highlights
- Two residential units, each with 3 bedrooms and 2 bathrooms
- Approximately 3,040 square feet of living space
- Approximately 2,600 square feet of land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,311
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,220
$1.5M
Cap Rate 7%
$1,061,586
$1.1M
Cap Rate 9%
$825,678
$825.7K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$140.4K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$135.1K $44.44/SF
− OpEx
−$60.8K −$20.00/SF
NOI
$74.3K $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%
$1,486,220
Cap Rate 7%
$1,061,586
Cap Rate 9%
$825,678
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$928.9K – $1.24M
NOI $74,311 @ 7.0% cap · market cap 4.64%
Second Best
Multifamily LT 5
$718.8K
$629.0K – $838.6K
NOI $50,317 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,879 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 11360, NY
20,039
Population
9,874
Households
2
Avg Household Size
52
Median Age
49%
College-Educated
87%
High-School Grad
1.4 sq mi
ZIP Area
14,314
Density / Sq Mi
$100,250
Median Household Income
$67,810
Median Earnings
$2,329
Median Rent
$692,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Queens, NY
Properties on Market for Duplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and two bathrooms, with a full unfinished basement serving the property.
Where is this duplex located?
The property is located at 29-25 200th Street Queens, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 2 bathrooms; Approximately 3,040 square feet of living space; Approximately 2,600 square feet of land
