Two-Unit Duplex with
New
For Sale
$658,000
684 Newton Avenue, Uniondale, NY 11553
A separate 3-bedroom residence and 2-bedroom apartment offer distinct living spaces within one property.
Property Size1,215 SF
Price / SF$541.56
Days on Market6
Property Features for 684 Newton Avenue
General Information
Standard status
Active
Size
1,215 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,592
Amenities
First Floor Bedroom
First Floor Full Bath
Ceiling Fan(s)
Chefs Kitchen
Eat-in Kitchen
His and Hers Closets
Natural Woodwork
Master Downstairs
Storage
Building Details
Building Size
1,215 SF
Year Built
1947
Units
2
Listing Agency:
Keystone Realty USA Corp
Listed By:
Eric Rashtian
(917) 727-0527
Source:
Georgemcknight
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:16PM
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 Keystone Realty USA Corp
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Investment Insights
Based on property information with market context.
This 1947 duplex contains two separate living areas: a 3-bedroom, 2-bathroom residence arranged over two levels and a 2-bedroom, 1-bathroom apartment. Original architectural details remain, alongside updates made over time. The listing photos have been virtually staged and cleared for marketing purposes.
The property includes an expansive backyard and an extended paved driveway with capacity for 5+ vehicles. The outdoor area offers space for recreation, gardening, or gatherings.
The property includes an expansive backyard and an extended paved driveway with capacity for 5+ vehicles. The outdoor area offers space for recreation, gardening, or gatherings.
Key Highlights
- Two separate units: a 3‑bedroom, 2‑bathroom duplex residence and a 2‑bedroom, 1‑bathroom apartment
- Extended paved driveway accommodates 5+ vehicles
- Expansive backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,147
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
$462.9K
Cap Rate 7%
$330,671
$330.7K
Cap Rate 9%
$257,189
$257.2K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$35.0K $28.80/SF
− Vacancy
−$1.9K −$1.58/SF
EGI
$33.1K $27.22/SF
− OpEx
−$9.9K −$8.16/SF
NOI
$23.1K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
Cap Rate 7%
$330,671
Cap Rate 9%
$257,189
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.3K – $385.8K
NOI $23,147 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K
NOI $21,673 @ 7.0% cap · market cap 3.29%
Theoretical Best
Specialty Retail
$803.3K
$702.9K – $937.2K
NOI $56,233 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
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Business Placement
Demographics for 11553, NY
26,929
Population
7,365
Households
3.7
Avg Household Size
36
Median Age
22%
College-Educated
82%
High-School Grad
3.2 sq mi
ZIP Area
8,415
Density / Sq Mi
$105,994
Median Household Income
$41,564
Median Earnings
$2,122
Median Rent
$486,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate 3-bedroom residence and 2-bedroom apartment offer distinct living spaces within one property.
Where is this duplex located?
The property is located at 684 Newton Avenue Uniondale, NY.
What is the asking price?
The asking price for this property is $658,000.
What are key features of this property?
This property features: Two separate units: a 3‑bedroom, 2‑bathroom duplex residence and a 2‑bedroom, 1‑bathroom apartment; Extended paved driveway accommodates 5+ vehicles; Expansive backyard
