Legal Two-Family Duplex with Finished
For Sale
$1,249,999
6144 Eliot Avenue, Middle Village, NY 11379
Move-in ready legal two-family duplex with hardwood floors, gas heating, and a finished basement for flexible space.
Days on Market83
Property Features for 6144 Eliot Avenue
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
2,200 SF
Year Built
1915
Buildings
1
Tenancy
Multi
Listing Agency:
Real Broker NY LLC
(518) 730-4228
Listed By:
Misshel Beck
Source:
Serhant
Added: May 11
Changed: Jul 31
Last Checked: Aug 1 at 11:19AM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
Located at 6144 Eliot Avenue, Middle Village, NY 11379, this legal two-family duplex offers a versatile layout with the ability to support independent living arrangements. The home features five bedrooms and three full bathrooms, plus two separate living units with dedicated laundry hookups for added autonomy.
Inside, the property is move-in ready with polished hardwood flooring throughout, efficient gas heating, and gas cooking. A heating system installed about five months ago helps reduce near-term maintenance concerns. A fully finished basement adds significant bonus space that can support a professional home office, private gym, or media room.
Outside, the home provides a private backyard, with exterior upgrades that include a brand-new patio and deck for outdoor downtime and gatherings. Built in 1915, the property combines classic interior character with functional updates for today’s buyers.
Inside, the property is move-in ready with polished hardwood flooring throughout, efficient gas heating, and gas cooking. A heating system installed about five months ago helps reduce near-term maintenance concerns. A fully finished basement adds significant bonus space that can support a professional home office, private gym, or media room.
Outside, the home provides a private backyard, with exterior upgrades that include a brand-new patio and deck for outdoor downtime and gatherings. Built in 1915, the property combines classic interior character with functional updates for today’s buyers.
Key Highlights
- Legal two‑family duplex with two independent units and dedicated laundry hookups
- Move‑in ready interior with polished hardwood flooring throughout
- Efficient gas heating and gas cooking
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $46.20 |
| − Vacancy | −$3.9k | −$1.76 |
| EGI | $97.8k | $44.44 |
| − OpEx | −$44.0k | −$20.00 |
| NOI | $53.8k | $24.44 |
2,200 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$768.3K
$672.2K – $896.3K
NOI $53,778 @ 7.0% cap · market cap 4.30%
Second Best
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,531 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
Explore this area
Business Placement
Demographics for 11379, NY
37,906
Population
15,237
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
84%
High-School Grad
2.2 sq mi
ZIP Area
17,230
Density / Sq Mi
$92,509
Median Household Income
$54,109
Median Earnings
$1,989
Median Rent
$886,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Move-in ready legal two-family duplex with hardwood floors, gas heating, and a finished basement for flexible space.
Where is this duplex located?
The property is located at 6144 Eliot Avenue Middle Village, NY.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: Legal two‑family duplex with two independent units and dedicated laundry hookups; Move‑in ready interior with polished hardwood flooring throughout; Efficient gas heating and gas cooking
