Two-Unit Duplex with Private
New
For Sale
$695,000
35 Greene Ave, Amityville, NY 11701
Two distinct apartments offer separate laundry arrangements, outdoor areas, and off-street parking.
Property Size1,619 SF
Price / SF$429.28
Days on Market5
Property Features for 35 Greene Ave
General Information
Standard status
Active
Size
1,619 SF
Property subtype
Residential Income
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$14,264
Building Details
Buildings
1
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Jennifer B. Ronzo E-PRO PSA SRS SR
(631) 553-7783
Source:
Exprealty
Added: Oct 28
Changed: Nov 1
Last Checked: Oct 30 at 3:07PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This two-family duplex in Amityville contains two apartments, each with its own entrance. The first-floor home has two bedrooms and one bathroom, an open living room and kitchen, a gas stove, and granite countertops. Its outdoor space includes a front porch and a covered rear deck. A basement laundry area and storage serve this unit. The second-floor apartment includes a king-size bedroom, a loft, an eat-in kitchen with stainless steel appliances, and a washer-dryer combination. Custom built-ins and an elevated rear deck are also part of this unit.
Both apartments have access to the backyard. The basement provides separate utilities for the two units, along with storage and new windows. A driveway provides off-street parking. The first-floor apartment was renovated in October 2026, including new windows, a sliding door to the rear deck, trim, moldings, and baseboard covers, along with fresh paint.
Both apartments have access to the backyard. The basement provides separate utilities for the two units, along with storage and new windows. A driveway provides off-street parking. The first-floor apartment was renovated in October 2026, including new windows, a sliding door to the rear deck, trim, moldings, and baseboard covers, along with fresh paint.
Key Highlights
- Two apartments, each with a private entrance
- First‑floor unit has 2 bedrooms and 1 bathroom
- Second‑floor apartment includes a king‑size bedroom and loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,263
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,260
$625.3K
Cap Rate 7%
$446,614
$446.6K
Cap Rate 9%
$347,367
$347.4K
Market Conditions
NOI Build-Up for 1,619 SF
Gross rent
$47.6K $29.40/SF
− Vacancy
−$2.9K −$1.81/SF
EGI
$44.7K $27.59/SF
− OpEx
−$13.4K −$8.28/SF
NOI
$31.3K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,260
Cap Rate 7%
$446,614
Cap Rate 9%
$347,367
Alternative Uses
Best Use
Multifamily LT 5
$446.6K
$390.8K – $521.1K
NOI $31,263 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$411.1K
$359.7K – $479.6K
NOI $28,774 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$493.2K
$431.6K – $575.4K
NOI $34,526 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
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Business Placement
Demographics for 11701, NY
27,831
Population
9,544
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
87%
High-School Grad
4.6 sq mi
ZIP Area
6,050
Density / Sq Mi
$110,639
Median Household Income
$48,080
Median Earnings
$2,307
Median Rent
$489,000
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 - Two distinct apartments offer separate laundry arrangements, outdoor areas, and off-street parking.
Where is this duplex located?
The property is located at 35 Greene Ave Amityville, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two apartments, each with a private entrance; First‑floor unit has 2 bedrooms and 1 bathroom; Second‑floor apartment includes a king‑size bedroom and loft
