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Duplex with Backyard
For Sale
$1,100,000

74-14 65th Street, Glendale, NY 11385

The property is a legal two-family residence near schools, retail, public transportation, and major highways.

Property Size3,300 SF
Price / SF$333.33
Days on Market9

Property Features for 74-14 65th Street

General Information

Standard status Active
Size 3,300 SF
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,380

Amenities

finished basement
backyard
Unfinished
Wood
2
Yes
5
Other
No
Public
On Street
3300

Building Details

Building Size 3,300 SF
Year Built 1915
Buildings 1
Listing Agency: Winzone Realty Inc
Listed By: Josephine Nicolosi
Source: Hedgestonehomes
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 4:23PM

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 Winzone Realty Inc

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

Investment Insights

Based on property information with market context.

This legal two-family residence in Glendale, Queens, includes a backyard and was built in 1915. The property is positioned near schools, shopping, public transportation, and major highways.

Key Highlights

  • Legal two‑family residence
  • Backyard
  • Built in 1915

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,667
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,613,340 $1.6M
Cap Rate 7%
$1,152,386 $1.2M
Cap Rate 9%
$896,300 $896.3K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$152.5K $46.20/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$146.7K $44.44/SF
− OpEx
−$66.0K −$20.00/SF
NOI
$80.7K $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%
$1,613,340
Cap Rate 7%
$1,152,386
Cap Rate 9%
$896,300

Alternative Uses

Best Use
Apartment 5plus
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,667 @ 7.0% cap · market cap 7.33%
Second Best
Multifamily LT 5
$780.3K
$682.8K – $910.3K (±1% cap)
NOI $54,620 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,296 @ 7.0% cap · market cap 15.48%
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

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,689
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
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

What type of property is this?
Duplex - The property is a legal two-family residence near schools, retail, public transportation, and major highways.
Where is this duplex located?
The property is located at 74-14 65th Street Glendale, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Legal two‑family residence; Backyard; Built in 1915
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Includes: Price & PSF · Cap rate · Location · Zoning

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