Detached Duplex with Finished
For Sale
$849,000
86-19a 79th Street, Woodhaven, NY 11421
Flexible three-level layout with two kitchens, three full bathrooms, and a separate basement entrance.
Property Size1,308 SF
Lot Size0.05 Acres
Days on Market33
Property Features for 86-19a 79th Street
General Information
Standard status
Active
Size
1,308 SF
Lot size
0.05 Acres
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,637
Building Details
Building Size
1,308 SF
Year Built
1920
Units
2
Listing Agency:
Coldwell Banker American Homes
(929) 204-6042
Listed By:
Zaina Mainali
(929) 204-6042
Source:
Cohenandcohenrealty
Added: Jul 8
Changed: Aug 7
Last Checked: Aug 9 at 12:56PM
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 detached duplex, built in 1920, offers a multi-level residential layout with separate living areas and finished basement space. The first floor includes one bedroom, a full bathroom, a kitchen, and an open living area. Upstairs are three additional bedrooms, another full bathroom, and a second kitchen. The finished basement adds usable space, a full bathroom, and an independent entrance.
The property occupies a 20 x 100 lot with a backyard suitable for outdoor use, entertaining, or gardening. It is positioned on a quiet residential block in Woodhaven, near Jamaica Avenue, local shops, dining, everyday conveniences, and the J and Z trains. The home is described as well maintained and in decent condition.
The property occupies a 20 x 100 lot with a backyard suitable for outdoor use, entertaining, or gardening. It is positioned on a quiet residential block in Woodhaven, near Jamaica Avenue, local shops, dining, everyday conveniences, and the J and Z trains. The home is described as well maintained and in decent condition.
Key Highlights
- Detached duplex with first- and second‑floor living areas
- Finished basement with full bathroom and separate entrance
- Two kitchens and four bedrooms across the upper levels
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
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 - Flexible three-level layout with two kitchens, three full bathrooms, and a separate basement entrance.
Where is this duplex located?
The property is located at 86-19a 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: Detached duplex with first- and second‑floor living areas; Finished basement with full bathroom and separate entrance; Two kitchens and four bedrooms across the upper levels
