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For Sale
$1,478,000
Pending

67-27 52nd Avenue, Maspeth, NY 11378

Duplexes

Property Size2,162 SF
Days on Market9

Property Features for 67-27 52nd Avenue

General Information

Standard status Pending
Size 2,162 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $9,782

Amenities

Full,See Remarks
2
No
Yes
6
First Floor Bedroom,Eat-in Kitchen
Full, See Remarks
All sold as is.
Public
5
Alley Access, Detached, Driveway, Garage, On Street, Private
2162

Building Details

Building Size 2,162 SF
Year Built 1940
Listing Agency: DynamicEdge Realty LLC
Listed By: Matthew Dubinsky
Source: Hedgestonehomes
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 9:18AM

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 DynamicEdge Realty LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,849
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,980 $1.1M
Cap Rate 7%
$754,986 $755.0K
Cap Rate 9%
$587,211 $587.2K
Market Conditions
NOI Build-Up for 2,162 SF
Gross rent
$99.9K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.1K $44.44/SF
− OpEx
−$43.2K −$20.00/SF
NOI
$52.8K $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%
$1,056,980
Cap Rate 7%
$754,986
Cap Rate 9%
$587,211

Alternative Uses

Best Use
Apartment 5plus
$755.0K
$660.6K – $880.8K (±1% cap)
NOI $52,849 @ 7.0% cap · market cap 3.58%
Second Best
Multifamily LT 5
$511.2K
$447.3K – $596.4K (±1% cap)
NOI $35,785 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,570 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Real Estate Agency Garden Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,059
Businesses Nearby

Demographics for 11378, NY

38,288
Population
14,522
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
15,953
Density / Sq Mi
$84,762
Median Household Income
$52,281
Median Earnings
$1,932
Median Rent
$832,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

Where is this duplex located?
The property is located at 67-27 52nd Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,478,000.
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Includes: Price & PSF · Cap rate · Location · Zoning

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