All-Brick Legal Two-Family
3715 93rd Street Jackson Heights, NY 11372
For Sale
$1,888,000
Fully renovated in 2018 with separate heating and hot water systems for each unit and a finished basement with separate entrance.
Lot Size0.07 Acres
Days on Market390
Property Features for 3715 93rd Street
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Duplex
Building Details
Year Built
1924
Listing Agency:
Sany Realty Group LLC
(929) 235-0501
Listed By:
Meng Shi Fang
Source:
Barbieliteam
Added: Jul 6, 2025
Changed: Jul 30
Last Checked: Jul 30 at 5:36AM
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 Sany Realty Group LLC
Investment Insights
Based on property information with market context.
All-brick, legal two-family duplex built in 1924, fully renovated in 2018 with updated electrical, plumbing, and roof. The layout provides separate hot water and heating systems for each unit, and offers a total of 8 bedrooms and 6 bathrooms across the property, plus a finished basement with a separate entrance. Soundproof insulation is included, supporting privacy between units.
The duplex also includes an oversized garage and 3 parking spaces. Located near Roosevelt Ave and just a few steps to the 7 train station, it is convenient to shopping, supermarkets, dining, banks, and other local amenities.
For rental-oriented ownership, the property is described as having good tenants in place, with the option to deliver vacant if needed. A projected cap rate over 7% is referenced.
The duplex also includes an oversized garage and 3 parking spaces. Located near Roosevelt Ave and just a few steps to the 7 train station, it is convenient to shopping, supermarkets, dining, banks, and other local amenities.
For rental-oriented ownership, the property is described as having good tenants in place, with the option to deliver vacant if needed. A projected cap rate over 7% is referenced.
Key Highlights
- Fully renovated in 2018 with updated electrical, plumbing, and roof
- All‑brick legal two‑family duplex with separate hot water and heating systems
- Total of 8 bedrooms and 6 bathrooms
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.3k | $46.20 |
| − Vacancy | −$4.0k | −$1.76 |
| EGI | $102.2k | $44.44 |
| − OpEx | −$46.0k | −$20.00 |
| NOI | $56.2k | $24.44 |
2,300 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$803.2K
$702.8K – $937.0K
NOI $56,222 @ 7.0% cap · market cap 2.98%
Second Best
Multifamily LT 5
$543.8K
$475.9K – $634.5K
NOI $38,069 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,691 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated in 2018 with separate heating and hot water systems for each unit and a finished basement with separate entrance.
Where is this duplex located?
The property is located at 3715 93rd Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Fully renovated in 2018 with updated electrical, plumbing, and roof; All‑brick legal two‑family duplex with separate hot water and heating systems; Total of 8 bedrooms and 6 bathrooms
