Duplex with Finished
New
For Sale
$1,180,000
79-35 77th Avenue, Glendale, NY 11385
Two residential floors each provide a living room, dining area, kitchen, and three bedrooms.
Property Size2,140 SF
Days on Market4
Property Features for 79-35 77th Avenue
General Information
Standard status
Active
Size
2,140 SF
Property subtype
Duplex
Zoning
R4-1
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,551
Amenities
split-unit A/C systems
backyard
finished basement with separate entrance and full bathroom
Building Details
Building Size
2,140 SF
Year Built
1920
Construction
brick
Listing Agency:
B Square Realty
Listed By:
Li Li
Source:
Serhant
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 15 at 4:37AM
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 B Square Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated, semi-detached brick duplex contains two residential floors, each arranged with three bedrooms, two full bathrooms, a living room, dining area, and kitchen. The building measures 20' x 52'. A fully finished basement has a separate entrance and full bathroom; split-unit air-conditioning systems and a backyard are also included. The home has R4-1 zoning and is offered vacant.
Bus routes Q29, Q47, Q54, and Q55, along with shopping, restaurants, parks, and The Shops at Atlas Park, are nearby.
Bus routes Q29, Q47, Q54, and Q55, along with shopping, restaurants, parks, and The Shops at Atlas Park, are nearby.
Key Highlights
- Two‑family brick home with 6 bedrooms and 5 full bathrooms
- Each residential floor has 3 bedrooms, 2 full bathrooms, a living room, dining area, and kitchen
- 20' x 52' building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,311
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,220
$1.0M
Cap Rate 7%
$747,300
$747.3K
Cap Rate 9%
$581,233
$581.2K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$98.9K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$95.1K $44.44/SF
− OpEx
−$42.8K −$20.00/SF
NOI
$52.3K $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%
$1,046,220
Cap Rate 7%
$747,300
Cap Rate 9%
$581,233
Alternative Uses
Best Use
Apartment 5plus
$747.3K
$653.9K – $871.9K
NOI $52,311 @ 7.0% cap · market cap 4.43%
Second Best
Multifamily LT 5
$506.0K
$442.8K – $590.3K
NOI $35,420 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,434 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,794
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential floors each provide a living room, dining area, kitchen, and three bedrooms.
Where is this duplex located?
The property is located at 79-35 77th Avenue Glendale, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Two‑family brick home with 6 bedrooms and 5 full bathrooms; Each residential floor has 3 bedrooms, 2 full bathrooms, a living room, dining area, and kitchen; 20' x 52' building
