Brick Triplex with
6113 170th Street, Fresh Meadows, NY 11365
For Sale
New
$1,988,000
Three residential units offer separate kitchens and living rooms, with laundry and a private entrance in the basement.
Property Size3,100 SF
Price / SF$641.29
Days on Market3
Property Features for 6113 170th Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Asking Price
Taxes and HOA fees
Annual Taxes
Amenities
laundry area
garage
backyard
deck
Finished,Full
3
Yes
7
First Floor Bedroom
Finished, Full
Public
1
No
Garage
3100
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
(914) 788-6339
Listed By:
Alain Leveque
Source:
Schunkrealtygroup
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 10:53PM
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 Alain Leveque
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Investment Insights
Based on property information with market context.
This semi-detached brick triplex in Fresh Meadows contains three residential units. The first-floor apartment has one bedroom, a living room, an eat-in kitchen, and a full bathroom. The second- and third-floor apartments each have three bedrooms, a living room, an eat-in kitchen, and a full bathroom. A full basement provides a laundry area and a separate entrance.
The corner property also includes an oversized garage, a backyard, and a deck. Built in 1970, it is located at 6113 170th Street in Fresh Meadows, New York. Showings are by appointment.
The corner property also includes an oversized garage, a backyard, and a deck. Built in 1970, it is located at 6113 170th Street in Fresh Meadows, New York. Showings are by appointment.
Key Highlights
- Three‑family brick property on a corner lot in Fresh Meadows
- First‑floor unit has 1 bedroom; upper‑floor units each have 3 bedrooms
- Full basement with laundry area and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,603
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,060
$1.5M
Cap Rate 7%
$1,094,329
$1.1M
Cap Rate 9%
$851,144
$851.1K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$119.0K $38.40/SF
− Vacancy
−$9.6K −$3.10/SF
EGI
$109.4K $35.30/SF
− OpEx
−$32.8K −$10.59/SF
NOI
$76.6K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,060
Cap Rate 7%
$1,094,329
Cap Rate 9%
$851,144
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$957.5K – $1.28M
NOI $76,603 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$1.08M
$947.2K – $1.26M
NOI $75,778 @ 7.0% cap · market cap 3.81%
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.
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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
$911,800
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Queens County, NY
Properties on Market for Triplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer separate kitchens and living rooms, with laundry and a private entrance in the basement.
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‑family brick property on a corner lot in Fresh Meadows; First‑floor unit has 1 bedroom; upper‑floor units each have 3 bedrooms; Full basement with laundry area and separate entrance
