56-29 210th Street, Oakland Gardens, NY 11364
MULTI_FAMILY - Oakland Gardens, NY
Property Features for 56-29 210th Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.0787-acre lot and includes approximately 2,200 square feet of interior space. Heating is baseboard. Parking is provided via a garage. Utilities are available for natural gas, and services include public water and public sewer.
Built in 1940, this home is located in Queens and is served by the Bayside LIRR station, with access to nearby schools and Bell Boulevard shopping and dining. Public transportation access includes QM2/QM20 express bus service.
Key Highlights
- Newly renovated legal two‑family brick townhouse with two separate residential units
- Each unit offers three bedrooms, a living room, and two full bathrooms
- Finished lower level with separate entrance, additional rooms, living area, and full bathroom
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $46.20 |
| − Vacancy | −$3.9k | −$1.76 |
| EGI | $97.8k | $44.44 |
| − OpEx | −$44.0k | −$20.00 |
| NOI | $53.8k | $24.44 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 11364, NY
Market
Vacancy Rate% for Multifamily in Northeast region