Brick Duplex with Finished
36-31 166th Street, New York, NY 11358
For Sale
$1,788,000
Pending
Two three-bedroom apartments, a separate three-room walk-in level, and a private yard provide a flexible residential layout.
Property Size3,280 SF
Lot Size0.06 Acres
Days on Market27
Property Features for 36-31 166th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
private yard
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Keller Williams Rlty Landmark
(718) 475-2700
Listed By:
Ross A. Keit CBR SRES SFR GREEN CR · License #10491213913
(718) 490-4885
Source:
Neilcharlesrealestate
Added: Oct 14
Changed: Oct 30
Last Checked: Nov 8 at 9:30AM
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 Keller Williams Rlty Landmark
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Investment Insights
Based on property information with market context.
This 1975 brick duplex contains 3,280 square feet across three floors and a finished basement. Each apartment has three bedrooms and 1.5 baths; the walk-in level adds three rooms. Hardwood floors and ample closet space are present throughout. The property also includes a private yard, one-car garage, and private driveway.
On a 28-by-94.5-foot lot, the semi-detached building measures 22.75 by 58 feet. The property is vacant and near the Broadway LIRR Station, public transportation, and shopping.
On a 28-by-94.5-foot lot, the semi-detached building measures 22.75 by 58 feet. The property is vacant and near the Broadway LIRR Station, public transportation, and shopping.
Key Highlights
- Two apartments, each with 3 bedrooms and 1.5 baths
- 3,280‑square‑foot building on a 28‑by‑94.5‑foot lot
- Three floors plus a finished basement; walk‑in level has three additional rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,007
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,220,140
$2.2M
Cap Rate 7%
$1,585,814
$1.6M
Cap Rate 9%
$1,233,411
$1.2M
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$167.3K $51.00/SF
− Vacancy
−$8.7K −$2.65/SF
EGI
$158.6K $48.35/SF
− OpEx
−$47.6K −$14.50/SF
NOI
$111.0K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,220,140
Cap Rate 7%
$1,585,814
Cap Rate 9%
$1,233,411
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,007 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$1.47M
$1.28M – $1.71M
NOI $102,622 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,518 @ 7.0% cap · market cap 8.98%
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
2,559
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
$967,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in New York, NY
Properties on Market for Duplexes in New York
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments, a separate three-room walk-in level, and a private yard provide a flexible residential layout.
Where is this duplex located?
The property is located at 36-31 166th Street New York, 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 on a 28‑by‑94.5‑foot lot; Three floors plus a finished basement; walk‑in level has three additional rooms
