Semi-Detached Duplex with
For Sale
$1,050,000
6103 Maspeth Avenue, Maspeth, NY 11378
The property includes two three-bedroom layouts, a finished basement with separate entrance, and a detached garage.
Property Size2,200 SF
Days on Market146
Property Features for 6103 Maspeth Avenue
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1st Floor: 3BR/1BA, 2nd Floor: 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,887
Amenities
full finished basement with separate entrance
detached garage
Building Details
Building Size
2,200 SF
Year Built
1920
Buildings
1
Stories
2
Construction
semi-detached
Listing Agency:
Landmark International R E LLC
Listed By:
Sammi Chen
(516) 482-0200
Source:
Serhant
Added: May 26
Changed: Oct 16
Last Checked: Oct 16 at 4:12PM
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 Landmark International R E LLC
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Investment Insights
Based on property information with market context.
Built in 1920, this semi-detached duplex contains two separate three-bedroom, one-bath residential layouts. The first-floor arrangement measures 20x56, while the second-floor layout measures 20x50. Additional improvements include a full finished basement with its own entrance and a detached garage.
The property is located at 6103 Maspeth Avenue in Maspeth, NY 11378, one block from the Q58 bus. The bus route provides direct access to Flushing, while I-495 is also readily accessible. Restaurants, schools, shops, and houses of worship are identified in the surrounding area.
The property is located at 6103 Maspeth Avenue in Maspeth, NY 11378, one block from the Q58 bus. The bus route provides direct access to Flushing, while I-495 is also readily accessible. Restaurants, schools, shops, and houses of worship are identified in the surrounding area.
Key Highlights
- Semi‑detached 2‑family home built in 1920
- First‑floor 3‑bedroom, 1‑bath layout measures 20x56
- Second‑floor 3‑bedroom, 1‑bath layout measures 20x50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,778
Cap Rate
5.12%
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 5.12%
Second Best
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,531 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,861
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
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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 - The property includes two three-bedroom layouts, a finished basement with separate entrance, and a detached garage.
Where is this duplex located?
The property is located at 6103 Maspeth Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Semi‑detached 2‑family home built in 1920; First‑floor 3‑bedroom, 1‑bath layout measures 20x56; Second‑floor 3‑bedroom, 1‑bath layout measures 20x50
