Legal Duplex with Walkout
For Sale
$1,225,000
6417 Eliot Avenue, Middle Village, NY 11379
Legal duplex with a fenced back yard, private driveway/garage parking, and walkout basement access from the garage.
Property Size2,014 SF
Price / SF$608.24
Days on Market21
Property Features for 6417 Eliot Avenue
General Information
Standard status
Active
Size
2,014 SF
Property subtype
Duplex
Amenities
fenced back yard
walkout basement
Building Details
Building Size
2,014 SF
Year Built
1935
Buildings
1
Tenancy
Multi
Listing Agency:
The Foxes Real Estate
(914) 310-3614
Listed By:
Grace Coppola
Source:
Cbwarburg
Added: Jul 10
Changed: Jul 30
Last Checked: Jul 30 at 5:43AM
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 The Foxes Real Estate
Investment Insights
Based on property information with market context.
6417 Eliot Avenue is a legal duplex in Middle Village, Queens, NY. The property features a fenced back yard for seasonal enjoyment and a walkout basement. Convenient access into the basement is available from the garage.
Parking is available via private driveway and garage, plus a shared driveway on the side of the house. The hot water heater was installed May 2026. Built in 1935, the home has been well maintained.
For commuting, the home is less than 200 feet to bus stops for bus numbers Q14, Q58, Q54, Q39, Q98, Q67, and Q38, with three express buses to Manhattan. The M train is 0.5 miles away, and the R train is a short bus ride away. Manhattan is about 7 miles from the property. The seller notes it is the first time the home has been on the market in over 55 years, with appointments required for showings.
Parking is available via private driveway and garage, plus a shared driveway on the side of the house. The hot water heater was installed May 2026. Built in 1935, the home has been well maintained.
For commuting, the home is less than 200 feet to bus stops for bus numbers Q14, Q58, Q54, Q39, Q98, Q67, and Q38, with three express buses to Manhattan. The M train is 0.5 miles away, and the R train is a short bus ride away. Manhattan is about 7 miles from the property. The seller notes it is the first time the home has been on the market in over 55 years, with appointments required for showings.
Key Highlights
- Legal duplex with walkout basement
- Fenced back yard for seasonal enjoyment
- Private driveway and garage parking plus a shared side driveway
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 | $93.0k | $46.20 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $89.5k | $44.44 |
| − OpEx | −$40.3k | −$20.00 |
| NOI | $49.2k | $24.44 |
2,014 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$703.3K
$615.4K – $820.5K
NOI $49,231 @ 7.0% cap · market cap 4.02%
Second Best
Multifamily LT 5
$476.2K
$416.7K – $555.6K
NOI $33,335 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,932 @ 7.0% cap · market cap 8.48%
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 - Legal duplex with a fenced back yard, private driveway/garage parking, and walkout basement access from the garage.
Where is this duplex located?
The property is located at 6417 Eliot Avenue Middle Village, NY.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Legal duplex with walkout basement; Fenced back yard for seasonal enjoyment; Private driveway and garage parking plus a shared side driveway
