Finished-Basement
61 25 165th Street, Flushing, NY 11365
For Sale
$851,200
A detached two-unit residence includes multiple living areas and a finished lower level.
Property Size1,152 SF
Lot Size0.07 Acres
Price / SF$738.89
Days on Market160
Property Features for 61 25 165th Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
REALHome Services & Solutions
Listed By:
Christopher A. Rose · License #10311208824
(678) 201-0475
Source:
Barbieliteam
Added: Jun 2
Changed: Nov 7
Last Checked: Nov 7 at 1:12PM
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 REALHome Services & Solutions
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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 contains two bedrooms, two full bathrooms and one half bath across six rooms. The building dates to 1920 and has a fully finished basement, with approximately 1,152 square feet of living area on a 3,000-square-foot lot. The property is reported occupied and in average condition.
Key Highlights
- Detached duplex with 1,152 sq ft of living space
- Six rooms, including 2 bedrooms, 2 full bathrooms and 1 half bath
- Fully finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,160
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,200
$563.2K
Cap Rate 7%
$402,286
$402.3K
Cap Rate 9%
$312,889
$312.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$53.2K $46.20/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$51.2K $44.44/SF
− OpEx
−$23.0K −$20.00/SF
NOI
$28.2K $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%
$563,200
Cap Rate 7%
$402,286
Cap Rate 9%
$312,889
Alternative Uses
Best Use
Apartment 5plus
$402.3K
$352.0K – $469.3K
NOI $28,160 @ 7.0% cap · market cap 3.31%
Second Best
Multifamily LT 5
$272.4K
$238.3K – $317.8K
NOI $19,067 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$849.3K
$743.1K – $990.8K
NOI $59,449 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 11365, NY
46,908
Population
16,626
Households
2.8
Avg Household Size
41
Median Age
39%
College-Educated
84%
High-School Grad
2.5 sq mi
ZIP Area
18,763
Density / Sq Mi
$85,375
Median Household Income
$51,458
Median Earnings
$1,869
Median Rent
$911,800
Median Home Value
Market
Properties on Market for Duplexes in Flushing
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A detached two-unit residence includes multiple living areas and a finished lower level.
Where is this duplex located?
The property is located at 61 25 165th Street Flushing, NY.
What is the asking price?
The asking price for this property is $851,200.
What are key features of this property?
This property features: Detached duplex with 1,152 sq ft of living space; Six rooms, including 2 bedrooms, 2 full bathrooms and 1 half bath; Fully finished basement
