Duplex with Full
New
For Sale
$1,129,000
33 Juniper Road, Port Washington, NY 11050
Two separate residences include private kitchens, living areas, and full bathrooms.
Property Size2,170 SF
Lot Size0.11 Acres
Price / SF$520.28
Days on Market5
Property Features for 33 Juniper Road
General Information
Standard status
Active
Size
2,170 SF
Lot size
0.11 Acres
Property subtype
Duplex
Additional Details
Gross Income
$76,200
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,471
Amenities
laundry facilities
garage parking
private driveway
backyard
patio
Building Details
Building Size
2,170 SF
Year Built
1953
Listing Agency:
United Real Estate Fortune
(516) 990-8888
Listed By:
Yincheng Wu ABR PSA RENE · License #10401379166
Source:
Cottiemaxwellrealestate
Added: Aug 12
Changed: Aug 15
Last Checked: Aug 15 at 8:43AM
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 United Real Estate Fortune
Investment Insights
Based on property information with market context.
This 2,170-square-foot duplex, built in 1953, contains two distinct residential units with a combined total of 4 bedrooms and 3 full bathrooms. Each residence has its own kitchen, living area, and dining space, while hardwood floors and ample natural light serve the interiors. The first-floor unit connects to a full basement with recreational, storage, and utility areas plus exterior access. The upper residence offers a separate two-bedroom arrangement with a kitchen, living area, and full bath.
The property occupies a 5,000-square-foot lot and includes laundry facilities, garage parking, a private driveway, backyard space, and a patio. It is currently tenant occupied and is located within the Port Washington School District, with access to local shopping, dining, parks, and transportation.
The property occupies a 5,000-square-foot lot and includes laundry facilities, garage parking, a private driveway, backyard space, and a patio. It is currently tenant occupied and is located within the Port Washington School District, with access to local shopping, dining, parks, and transportation.
Key Highlights
- 2,170‑square‑foot duplex on a 5,000‑square‑foot lot
- Two residential units with 4 bedrooms and 3 full bathrooms
- Full basement with recreational, storage, and utility areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,341
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,820
$826.8K
Cap Rate 7%
$590,586
$590.6K
Cap Rate 9%
$459,344
$459.3K
Market Conditions
NOI Build-Up for 2,170 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.5K $28.80/SF
− Vacancy
−$3.4K −$1.58/SF
EGI
$59.1K $27.22/SF
− OpEx
−$17.7K −$8.16/SF
NOI
$41.3K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,820
Cap Rate 7%
$590,586
Cap Rate 9%
$459,344
Alternative Uses
Best Use
Multifamily LT 5
$590.6K
$516.8K – $689.0K
NOI $41,341 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$553.0K
$483.8K – $645.1K
NOI $38,707 @ 7.0% cap · market cap 3.43%
Theoretical Best
Specialty Retail
$1.43M
$1.26M – $1.67M
NOI $100,433 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
Demographics for 11050, NY
31,512
Population
12,329
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
3,120
Density / Sq Mi
$153,819
Median Household Income
$78,132
Median Earnings
$2,454
Median Rent
$990,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include private kitchens, living areas, and full bathrooms.
Where is this duplex located?
The property is located at 33 Juniper Road Port Washington, NY.
What is the asking price?
The asking price for this property is $1,129,000.
What are key features of this property?
This property features: 2,170‑square‑foot duplex on a 5,000‑square‑foot lot; Two residential units with 4 bedrooms and 3 full bathrooms; Full basement with recreational, storage, and utility areas
