Two-Unit Duplex with Finished
5 Donald Pl E, East Rockaway, NY 11518
For Sale
New
$749,000
Two distinct apartments are complemented by a finished attic room, basement recreation area, and detached garage.
Property Size1,860 SF
Lot Size0.12 Acres
Price / SF$402.69
Days on Market5
Property Features for 5 Donald Pl E
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
covered porch
landscape lighting
fully fenced yard
Building Details
Year Built
Buildings
Construction
Listing Agency:
Keller Williams Realty Greater
Listed By:
Abenita Melaram
(516) 873-7100
Source:
Jaida.mappmyhome
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 10 at 11:08AM
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 Realty Greater
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Investment Insights
Based on property information with market context.
This legal two-family property contains 1,860 square feet across two separate apartments, with three bedrooms and two full bathrooms in total. The first-floor unit has two bedrooms, a living room with hardwood floors, and a galley kitchen with a gas range. Upstairs, the one-bedroom apartment includes an eat-in kitchen and living room, plus a spiral stairway to a finished attic bonus room. Gas heat serves the home, and the basement provides laundry, storage, and recreation space.
Set on a 50-by-103-foot lot in East Rockaway, the property also features a covered porch, fenced paver yard, paver driveway, and detached one-car garage. It is within the East Rockaway School District and near the East Rockaway LIRR station on the Long Beach Branch. Bay Park, including its golf course, dog run, and Hewlett Bay fishing dock, is also nearby.
Set on a 50-by-103-foot lot in East Rockaway, the property also features a covered porch, fenced paver yard, paver driveway, and detached one-car garage. It is within the East Rockaway School District and near the East Rockaway LIRR station on the Long Beach Branch. Bay Park, including its golf course, dog run, and Hewlett Bay fishing dock, is also nearby.
Key Highlights
- Legal two‑family property with two separate apartments
- 1,860 square feet on a 50‑by‑103‑foot lot
- Three bedrooms and two full bathrooms across the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,435
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,700
$708.7K
Cap Rate 7%
$506,214
$506.2K
Cap Rate 9%
$393,722
$393.7K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$53.6K $28.80/SF
− Vacancy
−$2.9K −$1.58/SF
EGI
$50.6K $27.22/SF
− OpEx
−$15.2K −$8.16/SF
NOI
$35.4K $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%
$708,700
Cap Rate 7%
$506,214
Cap Rate 9%
$393,722
Alternative Uses
Best Use
Multifamily LT 5
$506.2K
$442.9K – $590.6K
NOI $35,435 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$474.0K
$414.7K – $553.0K
NOI $33,178 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.43M
NOI $86,085 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
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Business Placement
Demographics for 11518, NY
10,869
Population
4,235
Households
2.6
Avg Household Size
44
Median Age
44%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
7,764
Density / Sq Mi
$104,955
Median Household Income
$56,154
Median Earnings
$2,306
Median Rent
$590,800
Median Home Value
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Market
Properties on Market for Duplexes in Nassau County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct apartments are complemented by a finished attic room, basement recreation area, and detached garage.
Where is this duplex located?
The property is located at 5 Donald Pl E East Rockaway, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Legal two‑family property with two separate apartments; 1,860 square feet on a 50‑by‑103‑foot lot; Three bedrooms and two full bathrooms across the units
