Two-Family Home with
717 130th Street, College Point, NY 11356
For Sale
New
$1,599,999
Three levels include a private backyard, water and bridge views, and living space with bathrooms throughout.
Property Size3,020 SF
Days on Market7
Property Features for 717 130th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
private garage
hardwood floors
water and bridge views
Building Details
Building Size
Year Built
Listing Agency:
Eazzy Global Realty
Listed By:
Feng Zhan
(718) 565-1234
Source:
Serhant
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 6 at 7:12AM
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 Eazzy Global Realty
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Investment Insights
Based on property information with market context.
This legal two-family home has three levels of living space. The first floor includes a bedroom, living room, bathroom, and garage; the second offers two bedrooms, a living room, and two bathrooms, including one adjoining the primary suite. The lower level is fully above grade and has a recreation room, additional flexible space, and a full bathroom. Hardwood floors and natural light are also noted, along with a private backyard and views of the bay and Whitestone Bridge.
Shopping options nearby include Target, BJ’s, T.J. Maxx, and major shopping centers. The Q25 bus serves Flushing Main Street, where riders can connect to the 7 subway line and LIRR. The property is also near the Whitestone Expressway, with connections to the LIE and Grand Central Parkway.
Shopping options nearby include Target, BJ’s, T.J. Maxx, and major shopping centers. The Q25 bus serves Flushing Main Street, where riders can connect to the 7 subway line and LIRR. The property is also near the Whitestone Expressway, with connections to the LIE and Grand Central Parkway.
Key Highlights
- Legal two‑family residence with separate living areas across three levels
- First floor has 1 bedroom, living room, bathroom, and garage
- Second floor includes 2 bedrooms, living room, and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,822
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,476,440
$1.5M
Cap Rate 7%
$1,054,600
$1.1M
Cap Rate 9%
$820,244
$820.2K
Market Conditions
NOI Build-Up for 3,020 SF
Gross rent
$139.5K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$134.2K $44.44/SF
− OpEx
−$60.4K −$20.00/SF
NOI
$73.8K $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%
$1,476,440
Cap Rate 7%
$1,054,600
Cap Rate 9%
$820,244
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$922.8K – $1.23M
NOI $73,822 @ 7.0% cap · market cap 4.61%
Second Best
Multifamily LT 5
$714.1K
$624.8K – $833.1K
NOI $49,986 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $155,846 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,569
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Three levels include a private backyard, water and bridge views, and living space with bathrooms throughout.
Where is this duplex located?
The property is located at 717 130th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Legal two‑family residence with separate living areas across three levels; First floor has 1 bedroom, living room, bathroom, and garage; Second floor includes 2 bedrooms, living room, and 2 bathrooms
