Detached Duplex with Finished
For Sale
$849,000
86-19 79th Street, Woodhaven, NY 11421
Two kitchens and a finished basement create a versatile multi-level layout with separate-entry access.
Property Size1,308 SF
Lot Size0.05 Acres
Price / SF$649.08
Days on Market9
Property Features for 86-19 79th Street
General Information
Standard status
Active
Size
1,308 SF
Lot size
0.05 Acres
Property subtype
Duplex
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,637
Building Details
Building Size
1,308 SF
Year Built
1920
Listing Agency:
Coldwell Banker American Homes
(929) 204-6042
Listed By:
Zaina Mainali
Source:
Cbwarburg
Added: Aug 23
Changed: Aug 30
Last Checked: Aug 30 at 11:16PM
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 Coldwell Banker American Homes
Investment Insights
Based on property information with market context.
This fully detached duplex is arranged across two floors with a finished basement. The first level contains one bedroom, a full bathroom, a kitchen, and an open living area. Upstairs are three bedrooms, another full bathroom, and a second kitchen. The basement adds a third full bathroom and a separate entrance, expanding the property's usable configuration. A backyard provides outdoor space, while the home sits on a 20 x 100 lot.
Built in 1920, the property is positioned on a quiet residential block near Jamaica Avenue in Woodhaven. Shopping, dining, daily conveniences, and access to the J and Z trains are all identified in the surrounding area.
Built in 1920, the property is positioned on a quiet residential block near Jamaica Avenue in Woodhaven. Shopping, dining, daily conveniences, and access to the J and Z trains are all identified in the surrounding area.
Key Highlights
- Fully detached duplex with 4 bedrooms and 3 full bathrooms
- Two kitchens serving the first and second floors
- Finished basement with separate entrance and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,973
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$639,460
$639.5K
Cap Rate 7%
$456,757
$456.8K
Cap Rate 9%
$355,256
$355.3K
Market Conditions
NOI Build-Up for 1,308 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.4K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$58.1K $44.44/SF
− OpEx
−$26.2K −$20.00/SF
NOI
$32.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$639,460
Cap Rate 7%
$456,757
Cap Rate 9%
$355,256
Alternative Uses
Best Use
Apartment 5plus
$456.8K
$399.7K – $532.9K
NOI $31,973 @ 7.0% cap · market cap 3.77%
Second Best
Multifamily LT 5
$309.3K
$270.6K – $360.8K
NOI $21,650 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$964.3K
$843.7K – $1.12M
NOI $67,499 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 11421, NY
42,586
Population
12,776
Households
3.3
Avg Household Size
38
Median Age
26%
College-Educated
79%
High-School Grad
1.3 sq mi
ZIP Area
32,758
Density / Sq Mi
$89,439
Median Household Income
$40,934
Median Earnings
$1,901
Median Rent
$682,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens and a finished basement create a versatile multi-level layout with separate-entry access.
Where is this duplex located?
The property is located at 86-19 79th Street Woodhaven, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Fully detached duplex with 4 bedrooms and 3 full bathrooms; Two kitchens serving the first and second floors; Finished basement with separate entrance and full bathroom
