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Brick Duplex with Finished Basement
For Sale
$1,250,000
Pending

6107 Maspeth Avenue, Maspeth, NY 11378

Separate utilities and a private driveway support distinct living arrangements in this two-family residence.

Property Size2,808 SF
Days on Market9

Property Features for 6107 Maspeth Avenue

General Information

Standard status Pending
Size 2,808 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Annual Taxes $8,774

Amenities

fully finished basement with separate entrance
private driveway
Finished,Full,Walk-Out Access
Hardwood
No
Yes
Aluminum Frames
First Floor Bedroom,Entrance Foyer,Formal Dining,High Ceilings,Natural Woodwork,Open Kitchen
Finished, Full, Walk-Out Access
Back Yard
Public
4
Driveway
2808

Building Details

Building Size 2,808 SF
Year Built 2013
Buildings 1
Construction semi-detached all-brick
Listing Agency: Landmark International R E LLC
Listed By: Louis LaDonna
Source: Hedgestonehomes
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:50PM

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 2013, this 2,808-square-foot, all-brick duplex contains 4 bedrooms and 5 bathrooms. The finished basement has walk-out access and a separate entrance. Interior details include hardwood floors, an open kitchen, formal dining area, entrance foyer, high ceilings, natural woodwork, and a first-floor bedroom. A private driveway serves the property.

Separate services include 2 boilers, 2 hot water tanks, 2 gas meters, and 3 electric meters. The residence is located one block from the Q58 bus, with access to I-495 and nearby shopping, parks, restaurants, and places of worship.

Key Highlights

  • Two‑family brick residence built in 2013
  • 2,808 square feet with 4 bedrooms and 5 bathrooms
  • Finished basement with walk‑out access and separate entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,640
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,800 $1.4M
Cap Rate 7%
$980,571 $980.6K
Cap Rate 9%
$762,667 $762.7K
Market Conditions
NOI Build-Up for 2,808 SF
Gross rent
$129.7K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$124.8K $44.44/SF
− OpEx
−$56.2K −$20.00/SF
NOI
$68.6K $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%
$1,372,800
Cap Rate 7%
$980,571
Cap Rate 9%
$762,667

Alternative Uses

Best Use
Apartment 5plus
$980.6K
$858.0K – $1.14M (±1% cap)
NOI $68,640 @ 7.0% cap · market cap 5.49%
Second Best
Multifamily LT 5
$664.0K
$581.0K – $774.6K (±1% cap)
NOI $46,477 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $144,906 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,861
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities and a private driveway support distinct living arrangements in this two-family residence.
Where is this duplex located?
The property is located at 6107 Maspeth Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family brick residence built in 2013; 2,808 square feet with 4 bedrooms and 5 bathrooms; Finished basement with walk‑out access and separate entrance
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