Duplex Home with Full
New
For Sale
$1,100,000
7630 Park Lane S, Woodhaven, NY 11421
Two kitchens, separate egress points, and a backyard-accessible basement support flexible residential arrangements.
Property Size2,028 SF
Price / SF$542.41
Days on Market7
Property Features for 7630 Park Lane S
General Information
Standard status
Active
Size
2,028 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,865
Building Details
Building Size
2,028 SF
Year Built
1930
Listing Agency:
Real Broker NY LLC
(646) 387-8008
Listed By:
Emilio Estevez
Source:
Cbwarburg
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 9:18AM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This semi-detached duplex is a two-family residence with 6 bedrooms and 2 full baths. The layout includes two eat-in kitchens equipped with stainless steel appliances, high ceilings, bay windows, recessed lighting, and a mix of hardwood, tile, and carpet flooring. A full basement connects to the backyard, while two points of egress add functional flexibility. The home was built in 1930.
The property is located directly across from Forest Park, with access to walking trails, playgrounds, golf, tennis courts, and green space. The J and Z subway lines, shopping, restaurants, and major roadways are also nearby, providing access throughout Queens and New York City.
The property is located directly across from Forest Park, with access to walking trails, playgrounds, golf, tennis courts, and green space. The J and Z subway lines, shopping, restaurants, and major roadways are also nearby, providing access throughout Queens and New York City.
Key Highlights
- Two‑family duplex with 6 bedrooms and 2 full baths
- Two eat‑in kitchens with stainless steel appliances
- Full basement with access to the backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,573
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$991,460
$991.5K
Cap Rate 7%
$708,186
$708.2K
Cap Rate 9%
$550,811
$550.8K
Market Conditions
NOI Build-Up for 2,028 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$93.7K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$90.1K $44.44/SF
− OpEx
−$40.6K −$20.00/SF
NOI
$49.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$991,460
Cap Rate 7%
$708,186
Cap Rate 9%
$550,811
Alternative Uses
Best Use
Apartment 5plus
$708.2K
$619.7K – $826.2K
NOI $49,573 @ 7.0% cap · market cap 4.51%
Second Best
Multifamily LT 5
$479.5K
$419.6K – $559.5K
NOI $33,567 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.50M
$1.31M – $1.74M
NOI $104,655 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,948
Businesses Nearby
Explore this area
Business Placement
Demographics for 11421, NY
42,586
Population
12,776
Households
3.3
Avg Household Size
38
Median Age
26%
College-Educated
79%
High-School Grad
1.3 sq mi
ZIP Area
32,758
Density / Sq Mi
$89,439
Median Household Income
$40,934
Median Earnings
$1,901
Median Rent
$682,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens, separate egress points, and a backyard-accessible basement support flexible residential arrangements.
Where is this duplex located?
The property is located at 7630 Park Lane S Woodhaven, 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: Two‑family duplex with 6 bedrooms and 2 full baths; Two eat‑in kitchens with stainless steel appliances; Full basement with access to the backyard
