All-Electric Two-Family Brick
For Sale
$1,980,000
Pending
52-41 72nd Place, Maspeth, NY 11378
Two-family brick home with a finished basement and leased solar panels, featuring 3-bedroom layouts on each floor.
Property Size2,400 SF
Lot Size0.06 Acres
Days on Market184
Property Features for 52-41 72nd Place
General Information
Standard status
Pending
Size
2,400 SF
Lot size
0.06 Acres
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
1
Construction
brick
Tenancy
Multi
Abandoned
No
Listing Agency:
B Square Realty
Listed By:
Li Li
(646) 889-9988
Source:
Barbieliteam
Added: May 5
Changed: Nov 3
Last Checked: Nov 3 at 11:19AM
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 B Square Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
New construction two-family brick home in Maspeth, currently under construction with an estimated completion around September. The home is planned on a 25x100 lot with a building size of 20x60, built as an all-electric residence that includes electric stoves.
Each floor is designed with a spacious 3-bedroom layout. The second floor is planned with 3 full bathrooms, while the first floor includes 2 full bathrooms. A finished basement is planned with a separate entrance and an additional bathroom, along with a large finished attic. Solar panels are planned to be installed on a leased basis to help reduce utility costs.
Pre-construction timing may allow a buyer to customize certain finishes, including cabinetry and interior details, subject to contract timing. A Certificate of Occupancy is expected by end of year, estimated.
Each floor is designed with a spacious 3-bedroom layout. The second floor is planned with 3 full bathrooms, while the first floor includes 2 full bathrooms. A finished basement is planned with a separate entrance and an additional bathroom, along with a large finished attic. Solar panels are planned to be installed on a leased basis to help reduce utility costs.
Pre-construction timing may allow a buyer to customize certain finishes, including cabinetry and interior details, subject to contract timing. A Certificate of Occupancy is expected by end of year, estimated.
Key Highlights
- All‑electric two‑family brick home, Year built 2026, estimated completion around September
- Planned 25x100 lot with building size of 20x60
- 3‑bedroom layout on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,667
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,340
$1.2M
Cap Rate 7%
$838,100
$838.1K
Cap Rate 9%
$651,856
$651.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$110.9K $46.20/SF
− Vacancy
−$4.2K −$1.76/SF
EGI
$106.7K $44.44/SF
− OpEx
−$48.0K −$20.00/SF
NOI
$58.7K $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%
$1,173,340
Cap Rate 7%
$838,100
Cap Rate 9%
$651,856
Alternative Uses
Best Use
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 2.96%
Second Best
Multifamily LT 5
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 2.01%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,852 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,658
Businesses Nearby
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Business Placement
Demographics for 11378, NY
38,288
Population
14,522
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
15,953
Density / Sq Mi
$84,762
Median Household Income
$52,281
Median Earnings
$1,932
Median Rent
$832,700
Median Home Value
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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 - Two-family brick home with a finished basement and leased solar panels, featuring 3-bedroom layouts on each floor.
Where is this duplex located?
The property is located at 52-41 72nd Place Maspeth, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: All‑electric two‑family brick home, Year built 2026, estimated completion around September; Planned 25x100 lot with building size of 20x60; 3‑bedroom layout on each floor
