Duplex With Finished
9 Kirkwood Road, Port Washington, NY 11050
For Sale
$1,485,000
The residence includes two primary bedrooms, 2.5 baths, and a private driveway.
Property Size3,800 SF
Price / SF$390.79
Days on Market28
Property Features for 9 Kirkwood Road
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Owner Entry.com
Listed By:
David L. White · License NY #10371201849
(617) 542-9300
Source:
Luxuryhomeny
Added: Oct 13
Changed: Nov 9
Last Checked: Nov 8 at 4:23PM
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 Owner Entry.com
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Investment Insights
Based on property information with market context.
Built in 1989, this duplex offers a front porch, living and dining rooms, and an eat-in kitchen with a center island, granite counters, and stainless steel appliances. The layout includes two primary bedrooms and 2.5 baths, along with a finished basement, laundry area, and storage space. A private driveway serves the property.
Key Highlights
- Two primary bedrooms and 2.5 baths
- Finished basement with laundry and storage
- Eat‑in kitchen with center island, granite counters, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,395
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,447,900
$1.4M
Cap Rate 7%
$1,034,214
$1.0M
Cap Rate 9%
$804,389
$804.4K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$109.4K $28.80/SF
− Vacancy
−$6.0K −$1.58/SF
EGI
$103.4K $27.22/SF
− OpEx
−$31.0K −$8.16/SF
NOI
$72.4K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,447,900
Cap Rate 7%
$1,034,214
Cap Rate 9%
$804,389
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$904.9K – $1.21M
NOI $72,395 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$968.3K
$847.3K – $1.13M
NOI $67,782 @ 7.0% cap · market cap 4.56%
Theoretical Best
Specialty Retail
$2.51M
$2.20M – $2.93M
NOI $175,874 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
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Business Placement
Demographics for 11050, NY
31,512
Population
12,329
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
3,120
Density / Sq Mi
$153,819
Median Household Income
$78,132
Median Earnings
$2,454
Median Rent
$990,800
Median Home Value
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Market
Properties on Market for Duplexes in Nassau County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residence includes two primary bedrooms, 2.5 baths, and a private driveway.
Where is this duplex located?
The property is located at 9 Kirkwood Road Port Washington, NY.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Two primary bedrooms and 2.5 baths; Finished basement with laundry and storage; Eat‑in kitchen with center island, granite counters, and stainless steel appliances
