Two-Family Brick
For Sale
$1,425,000
3449 73rd Street, Jackson Heights, NY 11372
Two residential units include a renovated two-bedroom layout and a three-bedroom layout, plus a finished basement and attached garage.
Days on Market132
Property Features for 3449 73rd Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Duplex
Building Details
Building Size
2,160 SF
Year Built
1930
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Exit Realty Prime
(917) 587-4149
Listed By:
Shahnewaz Qurashi
Source:
Barbieliteam
Added: Mar 23
Changed: Jul 31
Last Checked: Aug 1 at 10:51AM
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 Exit Realty Prime
Investment Insights
Based on property information with market context.
This two-family brick home, built in 1930, includes two residential units and a fully finished basement. The first-floor unit offers a renovated two-bedroom, one-bathroom layout, while the second-floor unit provides three bedrooms and one bathroom. The basement adds flexible space for living, a home office, recreation, or storage. A two-car attached garage is also included.
Located at 3449 73rd Street in Jackson Heights, NY 11372, the property offers access to the 7, E, F, M, and R subway lines, along with nearby dining, shopping, and cultural amenities.
Located at 3449 73rd Street in Jackson Heights, NY 11372, the property offers access to the 7, E, F, M, and R subway lines, along with nearby dining, shopping, and cultural amenities.
Key Highlights
- Two‑family brick home built in 1930
- Renovated first‑floor 2‑bedroom, 1‑bathroom unit
- Second‑floor 3‑bedroom, 1‑bathroom unit
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $46.20 |
| − Vacancy | −$3.8k | −$1.76 |
| EGI | $96.0k | $44.44 |
| − OpEx | −$43.2k | −$20.00 |
| NOI | $52.8k | $24.44 |
2,160 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$754.3K
$660.0K – $880.0K
NOI $52,800 @ 7.0% cap · market cap 3.71%
Second Best
Multifamily LT 5
$510.7K
$446.9K – $595.9K
NOI $35,751 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,466 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,832
Businesses Nearby
Explore this area
Business Placement
Demographics for 11372, NY
68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
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 residential units include a renovated two-bedroom layout and a three-bedroom layout, plus a finished basement and attached garage.
Where is this duplex located?
The property is located at 3449 73rd Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Two‑family brick home built in 1930; Renovated first‑floor 2‑bedroom, 1‑bathroom unit; Second‑floor 3‑bedroom, 1‑bathroom unit
