Detached 2-Unit
52-42 73rd Street, Maspeth, NY 11378
For Sale
New
$1,199,000
Separate heating systems allow each apartment to have independent climate control.
Property Size2,500 SF
Days on Market5
Property Features for 52-42 73rd Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
full basement
finished attic
hardwood floors
separate heating systems
shared driveway
oversized garage
backyard
Building Details
Building Size
Year Built
Buildings
Listing Agency:
O Kane Realty
Listed By:
John O Kane
(917) 859-9362
Source:
Barbieliteam
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:41PM
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 O Kane Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This detached, legal two-family residence contains two apartments: one with two bedrooms and another with three. The property is offered vacant. A full basement has a separate side entrance, and the finished stand-up attic includes skylights and windows. Hardwood floors and two independent heating systems are also part of the home.
A shared driveway leads to an oversized garage, with a backyard behind the residence. The property is in Maspeth near Grand Avenue, where shopping, restaurants, and transportation options are available.
A shared driveway leads to an oversized garage, with a backyard behind the residence. The property is in Maspeth near Grand Avenue, where shopping, restaurants, and transportation options are available.
Key Highlights
- Legal two‑family residence delivered vacant
- Two apartments: one two‑bedroom unit and one three‑bedroom unit
- Full basement with separate side entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,777
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,540
$1.2M
Cap Rate 7%
$882,529
$882.5K
Cap Rate 9%
$686,411
$686.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$96.0K $38.40/SF
− Vacancy
−$7.7K −$3.10/SF
EGI
$88.3K $35.30/SF
− OpEx
−$26.5K −$10.59/SF
NOI
$61.8K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,540
Cap Rate 7%
$882,529
Cap Rate 9%
$686,411
Alternative Uses
Best Use
Multifamily LT 5
$882.5K
$772.2K – $1.03M
NOI $61,777 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,012 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Maspeth
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate heating systems allow each apartment to have independent climate control.
Where is this duplex located?
The property is located at 52-42 73rd Street Maspeth, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal two‑family residence delivered vacant; Two apartments: one two‑bedroom unit and one three‑bedroom unit; Full basement with separate side entrance
