Two-Unit Duplex with Finished
7829 160th Street, Fresh Meadows, NY 11366
For Sale
New
$2,398,000
Modern kitchens, central air, and natural gas service complement two residential units and a separate-entry basement.
Property Size5,246 SF
Lot Size0.09 Acres
Price / SF$457.11
Days on Market2
Property Features for 7829 160th Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
European-style windows
hardwood floors
stainless steel appliances
central air conditioning
natural gas heating and cooking
First Floor Bedroom
First Floor Full Bath
Built-in Features
Primary Bathroom
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
ARC Metro Realty Inc
Listed By:
Leonard Zheng SFR · License #10301216944
(347) 440-3000
Source:
Georgemcknight
Added: Nov 8
Last Checked: Nov 9 at 1:36AM
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 ARC Metro Realty Inc
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Investment Insights
Based on property information with market context.
Built in 2026, this two-family property contains two residential units, a full-height basement with its own entrance, and a finished attic. Interior features include hardwood flooring, European-style windows, designer kitchens with stainless steel appliances, central air conditioning, and natural gas heating and cooking. A private driveway and attached garage provide on-site vehicle accommodation.
The building sits on a 40' x 100' corner lot. The property is located near shopping, schools, parks, and transportation.
The building sits on a 40' x 100' corner lot. The property is located near shopping, schools, parks, and transportation.
Key Highlights
- Two residential units in a 2026‑built duplex
- 40' x 100' corner lot
- Full‑height basement with separate entrance and finished attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,633
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,592,660
$2.6M
Cap Rate 7%
$1,851,900
$1.9M
Cap Rate 9%
$1,440,367
$1.4M
Market Conditions
NOI Build-Up for 5,246 SF
Gross rent
$201.4K $38.40/SF
− Vacancy
−$16.3K −$3.10/SF
EGI
$185.2K $35.30/SF
− OpEx
−$55.6K −$10.59/SF
NOI
$129.6K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,592,660
Cap Rate 7%
$1,851,900
Cap Rate 9%
$1,440,367
Alternative Uses
Best Use
Multifamily LT 5
$1.85M
$1.62M – $2.16M
NOI $129,633 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.14M
NOI $128,235 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$3.87M
$3.38M – $4.51M
NOI $270,719 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Who owns this building?
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 11366, NY
14,430
Population
4,915
Households
2.9
Avg Household Size
41
Median Age
52%
College-Educated
85%
High-School Grad
1.5 sq mi
ZIP Area
9,620
Density / Sq Mi
$117,402
Median Household Income
$58,028
Median Earnings
$2,101
Median Rent
$950,200
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 Fresh Meadows
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Modern kitchens, central air, and natural gas service complement two residential units and a separate-entry basement.
Where is this duplex located?
The property is located at 7829 160th Street Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $2,398,000.
What are key features of this property?
This property features: Two residential units in a 2026‑built duplex; 40' x 100' corner lot; Full‑height basement with separate entrance and finished attic
