8-Bedroom Duplex with
New
For Sale
$1,649,000
35-46 92nd Street, Jackson Heights, NY 11372
Two-car garage, private driveway, and transit access support flexible residential and live-work use.
Property Size3,645 SF
Price / SF$452.40
Days on Market3
Property Features for 35-46 92nd Street
General Information
Standard status
Active
Size
3,645 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,151
Amenities
Formal Dining
Building Details
Building Size
3,645 SF
Year Built
1920
Buildings
1
Units
2
Listing Agency:
City Homes Realty Group LLC
Listed By:
Segundo F. Agudo CBR E-PRO
(718) 255-9888
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 3:19PM
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 City Homes Realty Group LLC
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Investment Insights
Based on property information with market context.
This two-family property contains 8 bedrooms and a full basement that can accommodate professional office space. A two-car garage and private driveway provide on-site parking. The building dates to 1920 and contains 3,645 square feet.
The property is near the 90 St. 7 train station, restaurants, and neighborhood services along 37 Ave. in Jackson Heights. The residential layout and basement space offer a combination of living area and potential workspace.
The property is near the 90 St. 7 train station, restaurants, and neighborhood services along 37 Ave. in Jackson Heights. The residential layout and basement space offer a combination of living area and potential workspace.
Key Highlights
- Two‑family property with 8 bedrooms
- Full basement suitable for professional office space
- 3,645‑square‑foot building, built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,007
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,140
$2.4M
Cap Rate 7%
$1,714,386
$1.7M
Cap Rate 9%
$1,333,411
$1.3M
Market Conditions
NOI Build-Up for 3,645 SF
Gross rent
$183.7K $50.40/SF
− Vacancy
−$23.7K −$6.50/SF
EGI
$160.0K $43.90/SF
− OpEx
−$40.0K −$10.97/SF
NOI
$120.0K $32.92/SF
Area
Queens County, NY
Vacancy
12.90%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,140
Cap Rate 7%
$1,714,386
Cap Rate 9%
$1,333,411
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $120,007 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,100 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$2.69M
$2.35M – $3.13M
NOI $188,099 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,131
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-car garage, private driveway, and transit access support flexible residential and live-work use.
Where is this duplex located?
The property is located at 35-46 92nd Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Two‑family property with 8 bedrooms; Full basement suitable for professional office space; 3,645‑square‑foot building, built in 1920
