Two-Family Home with
New
For Sale
$899,900
62-20 80th Road, Glendale, NY 11385
Both residences include updated kitchens and mini-split air conditioning.
Property Size1,650 SF
Price / SF$545.39
Days on Market3
Property Features for 62-20 80th Road
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,288
Amenities
full basement
finished attic
dedicated laundry room
bonus rooms
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Kitchen Island
Natural Woodwork
Open Floorplan
Open Kitchen
Original Details
Quartz/Quartzite Counters
Smart Thermostat
Washer/Dryer Hookup
Rain Gutters
Building Details
Building Size
1,650 SF
Year Built
1925
Buildings
1
Units
2
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Christopher L. Espinal · License #40ES1144459
(917) 945-5418
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 2:39PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
This detached two-family home in Glendale, Queens, includes a full basement, finished attic, dedicated laundry room, and a private driveway leading to a two-car garage. Each residence has an open-concept layout, an updated kitchen with stainless steel appliances and new cabinetry, and a renovated bathroom. The second-floor unit also connects to the finished attic, while the first-floor kitchen features an island.
Mini-split systems provide air conditioning, and a gas boiler replaced in 2024 supplies steam heat throughout. Additional basement rooms offer flexible recreational or workspace options. The property is near shopping, schools, parks, and transportation.
Mini-split systems provide air conditioning, and a gas boiler replaced in 2024 supplies steam heat throughout. Additional basement rooms offer flexible recreational or workspace options. The property is near shopping, schools, parks, and transportation.
Key Highlights
- Detached two‑family property in Glendale, Queens
- Private driveway and two‑car garage
- Finished attic and full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,333
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,660
$806.7K
Cap Rate 7%
$576,186
$576.2K
Cap Rate 9%
$448,144
$448.1K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$76.2K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$73.3K $44.44/SF
− OpEx
−$33.0K −$20.00/SF
NOI
$40.3K $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%
$806,660
Cap Rate 7%
$576,186
Cap Rate 9%
$448,144
Alternative Uses
Best Use
Apartment 5plus
$576.2K
$504.2K – $672.2K
NOI $40,333 @ 7.0% cap · market cap 4.48%
Second Best
Multifamily LT 5
$390.1K
$341.4K – $455.2K
NOI $27,310 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,148 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,776
Businesses Nearby
Explore this area
Business Placement
Demographics for 11385, NY
100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include updated kitchens and mini-split air conditioning.
Where is this duplex located?
The property is located at 62-20 80th Road Glendale, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Detached two‑family property in Glendale, Queens; Private driveway and two‑car garage; Finished attic and full basement
