Brick Duplex with Rear
For Sale
$1,100,000
80-09 30th Avenue, Jackson Heights, NY 11370
The two apartments comprise a studio and a separate two-bedroom unit, with outdoor access from both levels.
Property Size1,548 SF
Price / SF$710.59
Days on Market47
Property Features for 80-09 30th Avenue
General Information
Standard status
Active
Size
1,548 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
1 x studio, 1 x 2BR
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$9,094
Amenities
First Floor Bedroom
First Floor Full Bath
Balcony
Garden
Building Details
Building Size
1,548 SF
Year Built
1960
Buildings
1
Stories
2
Units
2
Construction
brick
Tenancy
Multi
Listed By:
Gail Leone
(914) 723-8228
Source:
Clairedleone
Added: Sep 8
Changed: Oct 23
Last Checked: Oct 23 at 8:56AM
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 Gail Leone
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Investment Insights
Based on property information with market context.
This 1,548-square-foot brick duplex is identified as a legal two-family townhouse and was built in 1960. The building sits on a concrete slab and has no basement. Its first-floor studio opens to a rear patio and yard, while the second-floor apartment has two bedrooms and a balcony accessible from the second bedroom.
A private front yard includes a cement driveway and a separate grass area. The property is tenant-occupied, with month-to-month arrangements and no leases; the residents have expressed interest in remaining under new ownership. The sale is on an as-is basis.
A private front yard includes a cement driveway and a separate grass area. The property is tenant-occupied, with month-to-month arrangements and no leases; the residents have expressed interest in remaining under new ownership. The sale is on an as-is basis.
Key Highlights
- 1,548‑square‑foot brick, two‑family townhouse built in 1960
- First‑floor studio and second‑floor two‑bedroom apartment
- Studio opens to a rear patio and yard; second bedroom connects to a rear balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,840
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,800
$756.8K
Cap Rate 7%
$540,571
$540.6K
Cap Rate 9%
$420,444
$420.4K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$71.5K $46.20/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$68.8K $44.44/SF
− OpEx
−$31.0K −$20.00/SF
NOI
$37.8K $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%
$756,800
Cap Rate 7%
$540,571
Cap Rate 9%
$420,444
Alternative Uses
Best Use
Apartment 5plus
$540.6K
$473.0K – $630.7K
NOI $37,840 @ 7.0% cap · market cap 3.44%
Second Best
Multifamily LT 5
$366.0K
$320.3K – $427.0K
NOI $25,622 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.14M
$998.6K – $1.33M
NOI $79,884 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,648
Businesses Nearby
Explore this area
Business Placement
Demographics for 11370, NY
34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two apartments comprise a studio and a separate two-bedroom unit, with outdoor access from both levels.
Where is this duplex located?
The property is located at 80-09 30th Avenue Jackson Heights, 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: 1,548‑square‑foot brick, two‑family townhouse built in 1960; First‑floor studio and second‑floor two‑bedroom apartment; Studio opens to a rear patio and yard; second bedroom connects to a rear balcony
