Detached Two-Family Home with
5718 79th Avenue, Glendale, NY 11385
For Sale
$1,195,000
Pending
A two-household residential property with a double-car garage and shared driveway.
Property Size2,080 SF
Days on Market9
Property Features for 5718 79th Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Finished,Full
Yes
Other
Finished, Full
Public
No
Shared Driveway
2080
Building Details
Building Size
Year Built
Listing Agency:
Tiger Realty Group Inc
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Changed: Nov 7
Last Checked: Nov 7 at 3:02PM
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 Tiger Realty Group Inc
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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 detached duplex provides a two-family configuration and a double-car garage. Built in 1920, the property also has a shared driveway.
The home is in Glendale, with transportation, shopping, schools, and neighborhood amenities identified nearby.
The home is in Glendale, with transportation, shopping, schools, and neighborhood amenities identified nearby.
Key Highlights
- Detached two‑family property
- Double‑car garage
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,844
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,880
$1.0M
Cap Rate 7%
$726,343
$726.3K
Cap Rate 9%
$564,933
$564.9K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$96.1K $46.20/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$92.4K $44.44/SF
− OpEx
−$41.6K −$20.00/SF
NOI
$50.8K $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%
$1,016,880
Cap Rate 7%
$726,343
Cap Rate 9%
$564,933
Alternative Uses
Best Use
Apartment 5plus
$726.3K
$635.6K – $847.4K
NOI $50,844 @ 7.0% cap · market cap 4.25%
Second Best
Multifamily LT 5
$491.8K
$430.3K – $573.8K
NOI $34,427 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,338 @ 7.0% cap · market cap 8.98%
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
3,452
Businesses Nearby
Explore this area
Business Placement
Demographics for 11385, NY
100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Glendale
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-household residential property with a double-car garage and shared driveway.
Where is this duplex located?
The property is located at 5718 79th Avenue Glendale, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Detached two‑family property; Double‑car garage; Built in 1920
