Two-Family Home with Finished
For Sale
$1,299,999
Pending
7841 84th Street, Glendale, NY 11385
The residence includes a two-car garage, shared driveway, and outdoor yard space.
Property Size2,480 SF
Days on Market9
Property Features for 7841 84th Street
General Information
Standard status
Pending
Size
2,480 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,323
Amenities
Finished,Full
4
Yes
First Floor Bedroom,First Floor Full Bath
Finished, Full
Public
No
Driveway, Garage, Shared Driveway
2480
Building Details
Building Size
2,480 SF
Year Built
1930
Buildings
1
Listing Agency:
(516) 703-2918
Listed By:
Josephine Nicolosi
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:52PM
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 Josephine Nicolosi
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Investment Insights
Based on property information with market context.
This two-family residence offers 2,480 square feet, with four bedrooms and four bathrooms. The full basement is finished, and the property includes a two-car garage and shared paved driveway. A wrought-iron fence and yard complete the exterior. Built in 1930, the home is located in Glendale, New York.
Key Highlights
- Two‑family residence with 2,480 square feet
- Four bedrooms and four bathrooms
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,622
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,212,440
$1.2M
Cap Rate 7%
$866,029
$866.0K
Cap Rate 9%
$673,578
$673.6K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$114.6K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$110.2K $44.44/SF
− OpEx
−$49.6K −$20.00/SF
NOI
$60.6K $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 Rate 5%
$1,212,440
Cap Rate 7%
$866,029
Cap Rate 9%
$673,578
Alternative Uses
Best Use
Apartment 5plus
$866.0K
$757.8K – $1.01M
NOI $60,622 @ 7.0% cap · market cap 4.66%
Second Best
Multifamily LT 5
$586.4K
$513.1K – $684.1K
NOI $41,048 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,980 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residence includes a two-car garage, shared driveway, and outdoor yard space.
Where is this duplex located?
The property is located at 7841 84th Street Glendale, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Two‑family residence with 2,480 square feet; Four bedrooms and four bathrooms; Full finished basement
