Two-Unit Duplex with
36-12 169th Street, Queens, NY 11358
For Sale
$1,600,000
Both residences offer three bedrooms and two full bathrooms.
Property Size2,496 SF
Price / SF$641.03
Days on Market45
Property Features for 36-12 169th Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
R New York
Listed By:
Mengyi Quach
(212) 688-1000
Source:
Dallien
Added: Sep 24
Changed: Nov 7
Last Checked: Nov 6 at 3:02PM
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 R New York
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,496-square-foot duplex, built in 1960, is configured as two residences, each with three bedrooms and two full bathrooms. A garage and private driveway provide on-site parking, while the backyard adds outdoor space. The property is located at 36-12 169th Street in Queens, New York.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,496 square feet; built in 1960
- Garage and private driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,013
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,260
$1.2M
Cap Rate 7%
$871,614
$871.6K
Cap Rate 9%
$677,922
$677.9K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$115.3K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$110.9K $44.44/SF
− OpEx
−$49.9K −$20.00/SF
NOI
$61.0K $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%
$1,220,260
Cap Rate 7%
$871,614
Cap Rate 9%
$677,922
Alternative Uses
Best Use
Apartment 5plus
$871.6K
$762.7K – $1.02M
NOI $61,013 @ 7.0% cap · market cap 3.81%
Second Best
Multifamily LT 5
$590.2K
$516.4K – $688.6K
NOI $41,313 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,806 @ 7.0% cap · market cap 8.05%
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
2,621
Businesses Nearby
Explore this area
Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value
Market
Average Price Trend$/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 - Both residences offer three bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 36-12 169th 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 residences, each with 3 bedrooms and 2 full bathrooms; 2,496 square feet; built in 1960; Garage and private driveway
