Duplex with Finished
For Sale
$1,598,000
Pending
5304 106th Street, Corona, NY 11368
A two-family residence pairs separate living areas with a finished lower level and private driveway parking.
Property Size2,200 SF
Days on Market9
Property Features for 5304 106th Street
General Information
Standard status
Pending
Size
2,200 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,249
Amenities
Full
Hardwood
3
Yes
8
Other
No
Front Yard
Public
Driveway
2200
Building Details
Building Size
2,200 SF
Year Built
1920
Buildings
1
Construction
solid brick
Listing Agency:
(516) 703-2918
Listed By:
Noman Basit
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:27PM
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 Noman Basit
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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.
This 2,200-square-foot duplex is configured as a two-family home, with multiple bedrooms and living areas across its units. A finished basement adds usable interior space, and the property includes a private driveway. Built in 1920, the home has a brick exterior and hardwood flooring.
The property is in Corona, near schools, shopping, and public transportation.
The property is in Corona, near schools, shopping, and public transportation.
Key Highlights
- Two‑family duplex with 2,200 square feet
- Finished basement provides additional interior space
- Private driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,778
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,560
$1.1M
Cap Rate 7%
$768,257
$768.3K
Cap Rate 9%
$597,533
$597.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$101.6K $46.20/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$97.8K $44.44/SF
− OpEx
−$44.0K −$20.00/SF
NOI
$53.8K $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%
$1,075,560
Cap Rate 7%
$768,257
Cap Rate 9%
$597,533
Alternative Uses
Best Use
Apartment 5plus
$768.3K
$672.2K – $896.3K
NOI $53,778 @ 7.0% cap · market cap 3.37%
Second Best
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,531 @ 7.0% cap · market cap 7.10%
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
2,888
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-family residence pairs separate living areas with a finished lower level and private driveway parking.
Where is this duplex located?
The property is located at 5304 106th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Two‑family duplex with 2,200 square feet; Finished basement provides additional interior space; Private driveway parking
