Duplex Property with
For Sale
$899,000
6951 Caldwell Avenue, Maspeth, NY 11378
Residential, Duplex, Maspeth, NY
Property Size1,248 SF
Lot Size0.05 Acres
Price / SF$720.35
Days on Market168
Property Features for 6951 Caldwell Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1
Basement
Unfinished
Subdivision
Maspeth
Standard status
Active
Size
1,248 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2781
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood
Roof type
Metal
Architectural style
Other
Listing Agency:
Kaloshi Real Estate Inc
(718) 287-5200
Listed By:
Javed Iqbal · License #JI2929
(347) 234-1049
Added: May 4
Changed: Oct 13
Last Checked: Oct 18 at 2:06AM
MLS# 501146
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property at 6951 Caldwell Avenue includes 1,248 square feet of space, two bedrooms, a full basement, and a backyard. Hardwood flooring and a metal roof are among the existing features. The property was built in 1920 and is situated on a 0.0459-acre lot.
Located in Maspeth, Queens, the property is described as being near transportation, shopping, and schools. R4-1 zoning adds an important land-use consideration for prospective purchasers evaluating the property.
Located in Maspeth, Queens, the property is described as being near transportation, shopping, and schools. R4-1 zoning adds an important land-use consideration for prospective purchasers evaluating the property.
Key Highlights
- 1,248 square feet of property size
- 0.0459‑acre lot in Maspeth, NY
- R4‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,507
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,140
$610.1K
Cap Rate 7%
$435,814
$435.8K
Cap Rate 9%
$338,967
$339.0K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$57.7K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$55.5K $44.44/SF
− OpEx
−$25.0K −$20.00/SF
NOI
$30.5K $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%
$610,140
Cap Rate 7%
$435,814
Cap Rate 9%
$338,967
Alternative Uses
Best Use
Apartment 5plus
$435.8K
$381.3K – $508.5K
NOI $30,507 @ 7.0% cap · market cap 3.39%
Second Best
Multifamily LT 5
$295.1K
$258.2K – $344.3K
NOI $20,656 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$920.0K
$805.0K – $1.07M
NOI $64,403 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - R4-1-zoned property with hardwood flooring, a metal roof, and a full basement.
Where is this duplex located?
The property is located at 6951 Caldwell Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,248 square feet of property size; 0.0459‑acre lot in Maspeth, NY; R4‑1 zoning
