Brick Two-Family
For Sale
$1,788,000
Pending
36-31 166th Street, Flushing, NY 11358
Residential Income, Flushing, NY
Property Size3,280 SF
Lot Size0.06 Acres
Days on Market16
Property Features for 36-31 166th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Basement
Parking features
Garage, Off Street
Interior features
First Floor Bedroom, First Floor Full Bath, Open Kitchen, Primary Bathroom
Fencing
Chain Link
Basement
Full, Finished
Elementary school
Ps 32 State Street
Middle school
Is 25 Adrien Block
High school
World Journalism Preparatory
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 25
Directions
WAZE
Standard status
Pending
APN
05293-0005
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8232
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
private yard
one-car garage
Building Details
Year built
1975
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Architectural style
Colonial
Buildings
1
Listing Agency:
Keller Williams Rlty Landmark · Keller Williams Realty
(718) 475-2700
Listed By:
Ross A. Keit CBR SRES SFR GREEN CR
(718) 490-4885
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 29 at 3:06AM
MLS# 1059616
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1975 brick duplex in Flushing contains two apartments, each with three bedrooms and one-and-a-half baths. The property has three floors and a finished basement, plus three additional rooms at the walk-in level. Hardwood flooring, a yard, and a one-car garage with a private driveway are among its features. The building measures 22.75 by 58 feet, with 3,280 square feet of space, on a 28-by-94.5-foot lot.
Broadway LIRR Station, public transportation, and shopping are nearby. Both apartments are vacant and available for occupancy.
Broadway LIRR Station, public transportation, and shopping are nearby. Both apartments are vacant and available for occupancy.
Key Highlights
- Two apartments, each with 3 bedrooms and 1.5 baths
- 3,280‑square‑foot building measuring 22.75 by 58 feet
- 28' x 94.5' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,178
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,603,560
$1.6M
Cap Rate 7%
$1,145,400
$1.1M
Cap Rate 9%
$890,867
$890.9K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$151.5K $46.20/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$145.8K $44.44/SF
− OpEx
−$65.6K −$20.00/SF
NOI
$80.2K $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%
$1,603,560
Cap Rate 7%
$1,145,400
Cap Rate 9%
$890,867
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,178 @ 7.0% cap · market cap 4.48%
Second Best
Multifamily LT 5
$775.6K
$678.6K – $904.8K
NOI $54,289 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,264 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,559
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each vacant apartment has three bedrooms and one-and-a-half baths, with additional rooms on the walk-in level.
Where is this duplex located?
The property is located at 36-31 166th Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1.5 baths; 3,280‑square‑foot building measuring 22.75 by 58 feet; 28' x 94.5' lot
