Duplex with Finished
7-17 college Place, College Point, NY 11356
For Sale
$1,890,000
Residential Income, College Point, NY
Property Size2,166 SF
Lot Size0.07 Acres
Price / SF$872.58
Days on Market54
Property Features for 7-17 college Place
General Information
Property type
Property subtype
Parking features
Interior features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
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Sewer type
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Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Hsin Yuan Yang · License #10311205376
(646) 688-8998
Added: Sep 16
Changed: Nov 4
Last Checked: Nov 8 at 12:06AM
MLS# 1051355
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2020, this legal two-family brick residence contains approximately 2,166 SF on a 3,133 SF lot. The first unit spans the first and second floors with 4 bedrooms and 2.5 bathrooms, while the second occupies the second and third floors with 3 bedrooms and 2 bathrooms. Both units include living rooms, dining areas, eat-in kitchens, and terraces.
Additional space includes a finished attic and a ground-level walk-in area with 2 bedrooms, 2 rooms, 1 bathroom, and its own entrance. The property also offers driveway parking, natural-gas heating, electric cooling, public water, and public sewer. Located in College Point near shopping, restaurants, public transportation, Flushing, Whitestone, and LaGuardia Airport.
Additional space includes a finished attic and a ground-level walk-in area with 2 bedrooms, 2 rooms, 1 bathroom, and its own entrance. The property also offers driveway parking, natural-gas heating, electric cooling, public water, and public sewer. Located in College Point near shopping, restaurants, public transportation, Flushing, Whitestone, and LaGuardia Airport.
Key Highlights
- 2020‑built legal 2‑family home
- Approximately 2,166 SF building on a 3,133 SF lot
- First unit has 4 bedrooms and 2.5 bathrooms; second unit has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,947
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,940
$1.1M
Cap Rate 7%
$756,386
$756.4K
Cap Rate 9%
$588,300
$588.3K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$100.1K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.3K $44.44/SF
− OpEx
−$43.3K −$20.00/SF
NOI
$52.9K $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%
$1,058,940
Cap Rate 7%
$756,386
Cap Rate 9%
$588,300
Alternative Uses
Best Use
Apartment 5plus
$756.4K
$661.8K – $882.5K
NOI $52,947 @ 7.0% cap · market cap 2.80%
Second Best
Multifamily LT 5
$512.2K
$448.1K – $597.5K
NOI $35,851 @ 7.0% cap · market cap 1.90%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,776 @ 7.0% cap · market cap 5.91%
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
1,475
Businesses Nearby
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Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
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Market
Properties on Market for Duplexes in College Point
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Newly built brick two-family property with terraces, driveway parking, and a separate-entry ground-level area.
Where is this duplex located?
The property is located at 7-17 college Place College Point, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 2020‑built legal 2‑family home; Approximately 2,166 SF building on a 3,133 SF lot; First unit has 4 bedrooms and 2.5 bathrooms; second unit has 3 bedrooms and 2 bathrooms
