Two-Family Duplex with
For Sale
$1,160,000
Pending
82-16 101st Avenue, Ozone Park, NY 11416
Each of the two residential floors has two bedrooms and one full bathroom, with additional finished basement space.
Property Size1,932 SF
Days on Market9
Property Features for 82-16 101st Avenue
General Information
Standard status
Pending
Size
1,932 SF
Property subtype
Residential Income
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,307
Amenities
Finished
Hardwood
3
Yes
4
Granite Counters,Natural Woodwork,Open Kitchen,Storage
Public
No
Driveway
1932
Building Details
Building Size
1,932 SF
Year Built
1960
Buildings
1
Construction
brick
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:15PM
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 Geralda Desir
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Investment Insights
Based on property information with market context.
This 1,932-square-foot brick duplex, built in 1960, has two residential floors, each configured with two bedrooms and one full bathroom. Hardwood flooring runs through the home, and baseboard systems provide heat. The finished basement adds a full bathroom and a separate entrance. Building dimensions are approximately 21.33 ft x 46 ft.
A private driveway leads to a garage, providing off-street parking. The property is on 101st Avenue in Ozone Park, near shopping, restaurants, pharmacies, schools, parks, and houses of worship. A train service and multiple bus lines are nearby, with access toward Manhattan, Brooklyn, and JFK Airport.
A private driveway leads to a garage, providing off-street parking. The property is on 101st Avenue in Ozone Park, near shopping, restaurants, pharmacies, schools, parks, and houses of worship. A train service and multiple bus lines are nearby, with access toward Manhattan, Brooklyn, and JFK Airport.
Key Highlights
- Legal two‑family duplex with two bedrooms and one full bathroom on each floor
- 1,932 square feet; building dimensions are approximately 21.33 ft x 46 ft
- Finished basement includes a full bathroom and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,227
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,540
$944.5K
Cap Rate 7%
$674,671
$674.7K
Cap Rate 9%
$524,744
$524.7K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$89.3K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$85.9K $44.44/SF
− OpEx
−$38.6K −$20.00/SF
NOI
$47.2K $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%
$944,540
Cap Rate 7%
$674,671
Cap Rate 9%
$524,744
Alternative Uses
Best Use
Apartment 5plus
$674.7K
$590.3K – $787.1K
NOI $47,227 @ 7.0% cap · market cap 4.07%
Second Best
Multifamily LT 5
$456.8K
$399.7K – $533.0K
NOI $31,978 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,700 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 11416, NY
28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
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 - Each of the two residential floors has two bedrooms and one full bathroom, with additional finished basement space.
Where is this duplex located?
The property is located at 82-16 101st Avenue Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,160,000.
What are key features of this property?
This property features: Legal two‑family duplex with two bedrooms and one full bathroom on each floor; 1,932 square feet; building dimensions are approximately 21.33 ft x 46 ft; Finished basement includes a full bathroom and separate entrance
