Brick Duplex
For Sale
$1,638,000
Pending
52-08 103rd Street, Corona, NY 11368
Separate front and rear entrances, a private backyard, and a walk-out basement support flexible use of the residence.
Property Size2,964 SF
Days on Market10
Property Features for 52-08 103rd Street
General Information
Standard status
Pending
Size
2,964 SF
Total Parking Spaces
1
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,391
Amenities
front and rear separate entrances
private backyard
high-ceiling basement
Finished,Walk-Out Access
Hardwood
Yes
Double Pane Windows
First Floor Bedroom,First Floor Full Bath,Kitchen Island,Walk-In Closet(s)
Finished, Walk-Out Access
Public
1
No
Private
2964
Building Details
Building Size
2,964 SF
Year Built
2013
Construction
brick
Listing Agency:
E Realty International Corp
(516) 703-2918
Listed By:
Matthew Dubinsky
Source:
Hedgestonehomes
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 9:18AM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
Built in 2013, this brick duplex residence offers 2,964 square feet with 6 bedrooms and 5.5 bathrooms. The layout includes a high-ceiling basement with walk-out access, hardwood flooring, double-pane windows, a kitchen island, and walk-in closets. Separate entrances serve the front and rear, and the property also has a private backyard and parking space. It is to be delivered vacant at closing.
The property is in Corona, near the 7 train, bus lines, and major highways. Shopping, dining, and everyday services are available in the surrounding area, with access to Flushing, Manhattan, and LaGuardia Airport.
The property is in Corona, near the 7 train, bus lines, and major highways. Shopping, dining, and everyday services are available in the surrounding area, with access to Flushing, Manhattan, and LaGuardia Airport.
Key Highlights
- 2,964 square feet with 6 bedrooms and 5.5 bathrooms
- Built in 2013 with brick construction
- High‑ceiling basement with finished, walk‑out access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,453
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,060
$1.4M
Cap Rate 7%
$1,035,043
$1.0M
Cap Rate 9%
$805,033
$805.0K
Market Conditions
NOI Build-Up for 2,964 SF
Gross rent
$136.9K $46.20/SF
− Vacancy
−$5.2K −$1.76/SF
EGI
$131.7K $44.44/SF
− OpEx
−$59.3K −$20.00/SF
NOI
$72.5K $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%
$1,449,060
Cap Rate 7%
$1,035,043
Cap Rate 9%
$805,033
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$905.7K – $1.21M
NOI $72,453 @ 7.0% cap · market cap 4.42%
Second Best
Multifamily LT 5
$700.8K
$613.2K – $817.7K
NOI $49,059 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $152,957 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
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 - Separate front and rear entrances, a private backyard, and a walk-out basement support flexible use of the residence.
Where is this duplex located?
The property is located at 52-08 103rd Street Corona, NY.
What is the asking price?
The asking price for this property is $1,638,000.
What are key features of this property?
This property features: 2,964 square feet with 6 bedrooms and 5.5 bathrooms; Built in 2013 with brick construction; High‑ceiling basement with finished, walk‑out access
