2-Unit
For Sale
$699,999
36 Gordon Road, Valley Stream, NY 11581
Both residences include kitchen appliances, dishwashers, washers, and dryers.
Property Size1,932 SF
Lot Size0.09 Acres
Price / SF$362.32
Days on Market14
Property Features for 36 Gordon Road
General Information
Standard status
Active
Size
1,932 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,473
Amenities
central air conditioning
gas/central heating
detached garage
First Floor Bedroom
First Floor Full Bath
Entrance Foyer
Formal Dining
Building Details
Building Size
1,932 SF
Year Built
1929
Units
2
Listing Agency:
Axen Realty LLC
Listed By:
Tiffanie R. Bailey Romey C2EX
(610) 395-3334
Source:
Croninreale
Added: Oct 11
Changed: Oct 23
Last Checked: Oct 23 at 5:13PM
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 Axen Realty LLC
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Investment Insights
Based on property information with market context.
This Valley Stream duplex contains two separate residences with a combined 1,932 square feet of interior living area. The layout provides five bedrooms and three full bathrooms. Hardwood and tile flooring, central air conditioning, and gas-fired central heat serve the property. Vinyl siding covers the exterior, and a detached garage provides additional space for parking or storage.
Built in 1929, the property occupies a 4,000-square-foot lot. Each residence is equipped with a refrigerator, range and oven, microwave, dishwasher, washer, and dryer.
Built in 1929, the property occupies a 4,000-square-foot lot. Each residence is equipped with a refrigerator, range and oven, microwave, dishwasher, washer, and dryer.
Key Highlights
- Two residences with a combined 1,932 square feet of interior living area
- Five bedrooms and three full bathrooms across the two units
- Built in 1929 on a 4,000‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,807
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,140
$736.1K
Cap Rate 7%
$525,814
$525.8K
Cap Rate 9%
$408,967
$409.0K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$55.6K $28.80/SF
− Vacancy
−$3.1K −$1.58/SF
EGI
$52.6K $27.22/SF
− OpEx
−$15.8K −$8.16/SF
NOI
$36.8K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,140
Cap Rate 7%
$525,814
Cap Rate 9%
$408,967
Alternative Uses
Best Use
Multifamily LT 5
$525.8K
$460.1K – $613.5K
NOI $36,807 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$492.3K
$430.8K – $574.4K
NOI $34,462 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,418 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 11581, NY
23,183
Population
7,423
Households
3.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
8,586
Density / Sq Mi
$138,821
Median Household Income
$61,079
Median Earnings
$2,198
Median Rent
$652,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include kitchen appliances, dishwashers, washers, and dryers.
Where is this duplex located?
The property is located at 36 Gordon Road Valley Stream, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two residences with a combined 1,932 square feet of interior living area; Five bedrooms and three full bathrooms across the two units; Built in 1929 on a 4,000‑square‑foot lot
