Duplex with Semi-Finished
7836 84th Street, Glendale, NY 11385
For Sale
$1,288,000
Two kitchens, formal dining rooms, and a separate basement entrance support the home's two-family configuration.
Property Size2,456 SF
Days on Market12
Property Features for 7836 84th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Landmark International R E LLC
Listed By:
Ayman Aziz
(347) 422-2247
Source:
Serhant
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 7 at 6:29PM
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 Landmark International R E LLC
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Investment Insights
Based on property information with market context.
Built in 1920, this two-family duplex measures 20' x 55'. Interior features include an entry foyer, skylight, hardwood and tile flooring, eat-in kitchens, and formal dining areas. A semi-finished basement has a separate entrance at the rear. The property also includes garage parking and an extra-wide shared driveway in Glendale, New York.
Key Highlights
- 20' x 55' two‑family duplex built in 1920
- Semi‑finished basement with a separate rear entrance
- Eat‑in kitchens and formal dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,035
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,700
$1.2M
Cap Rate 7%
$857,643
$857.6K
Cap Rate 9%
$667,056
$667.1K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$113.5K $46.20/SF
− Vacancy
−$4.3K −$1.76/SF
EGI
$109.2K $44.44/SF
− OpEx
−$49.1K −$20.00/SF
NOI
$60.0K $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%
$1,200,700
Cap Rate 7%
$857,643
Cap Rate 9%
$667,056
Alternative Uses
Best Use
Apartment 5plus
$857.6K
$750.4K – $1.00M
NOI $60,035 @ 7.0% cap · market cap 4.66%
Second Best
Multifamily LT 5
$580.7K
$508.1K – $677.5K
NOI $40,651 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,741 @ 7.0% cap · market cap 9.84%
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
1,695
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Duplexes in Glendale
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens, formal dining rooms, and a separate basement entrance support the home's two-family configuration.
Where is this duplex located?
The property is located at 7836 84th Street Glendale, NY.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: 20' x 55' two‑family duplex built in 1920; Semi‑finished basement with a separate rear entrance; Eat‑in kitchens and formal dining areas
