Three-Unit Brick
New
For Sale
$1,988,000
6113 170th Street, Fresh Meadows, NY 11365
The residences include a mix of one- and three-bedroom layouts, with a full basement, garage, backyard, and deck.
Property Size3,100 SF
Days on Market3
Property Features for 6113 170th Street
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Triplex
Units
Unit Mix
1 x 1BR, 2 x 3BR
Multifamily Units
3
Additional Details
Asking Price
$1,988,000
Taxes and HOA fees
Annual Taxes
$14,241
Amenities
laundry area
garage
backyard
deck
Building Details
Building Size
3,100 SF
Year Built
1970
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Voro LLC
Listed By:
Claudia Echeverri · License #30EC0690586
(866) 664-0347
Source:
Barbieliteam
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 1:03PM
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 Voro LLC
Investment Insights
Based on property information with market context.
This semi-detached brick triplex has three residences arranged across the first, second, and third floors. The first-floor unit contains one bedroom, a living room, an eat-in kitchen, and a full bathroom. Each upper-floor residence has three bedrooms, a living room, an eat-in kitchen, and a full bathroom. The property was built in 1970 and occupies a corner location.
A full basement provides a laundry area and a separate entrance. Exterior features include an oversized garage, a backyard, and a deck.
A full basement provides a laundry area and a separate entrance. Exterior features include an oversized garage, a backyard, and a deck.
Key Highlights
- Three residences: one with 1 bedroom and two with 3 bedrooms each
- Each unit has a living room, eat‑in kitchen, and full bathroom
- Full basement with laundry area and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,778
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,515,560
$1.5M
Cap Rate 7%
$1,082,543
$1.1M
Cap Rate 9%
$841,978
$842.0K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$143.2K $46.20/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$137.8K $44.44/SF
− OpEx
−$62.0K −$20.00/SF
NOI
$75.8K $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%
$1,515,560
Cap Rate 7%
$1,082,543
Cap Rate 9%
$841,978
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$947.2K – $1.26M
NOI $75,778 @ 7.0% cap · market cap 3.81%
Second Best
Multifamily LT 5
$733.0K
$641.4K – $855.2K
NOI $51,310 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $159,975 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,540
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The residences include a mix of one- and three-bedroom layouts, with a full basement, garage, backyard, and deck.
Where is this triplex located?
The property is located at 6113 170th Street Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Three residences: one with 1 bedroom and two with 3 bedrooms each; Each unit has a living room, eat‑in kitchen, and full bathroom; Full basement with laundry area and separate entrance
