Brick Duplex with
New
For Sale
$1,168,000
91-14 86th Drive, Woodhaven, NY 11421
Residential, Woodhaven, NY
Property Size2,080 SF
Lot Size0.05 Acres
Price / SF$561.54
Days on Market2
Property Features for 91-14 86th Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Interior features
A/C Unit - Wall
Basement
Full
Subdivision
Woodhaven
Standard status
Active
Size
2,080 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8295
Amenities
backyard
basement
Building Details
Year built
1915
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Kelly Wu
(718) 612-3088
Added: Aug 19
Last Checked: Aug 20 at 1:06AM
MLS# 503915
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick duplex at 91-14 86th Drive includes approximately 2,080 square feet of building area on an approximately 20 X 100 lot. The approximately 20 X 52 footprint contains two residential floors, each arranged with three bedrooms, a kitchen, a living room, and one full bathroom. The first floor connects directly to the backyard through a rear entrance.
A full basement adds an open area, one full bathroom, and a separate entrance from the front. R3-1 zoning, a flat roof, tile and hardwood flooring, and wall-mounted A/C units are among the property’s stated features. Built in 1915, the residence is near public transportation with access to the J and Z subway lines, as well as the Jackie Robinson Parkway and Belt Parkway. Supermarkets, restaurants, coffee shops, gyms, parks, and other neighborhood services are nearby.
A full basement adds an open area, one full bathroom, and a separate entrance from the front. R3-1 zoning, a flat roof, tile and hardwood flooring, and wall-mounted A/C units are among the property’s stated features. Built in 1915, the residence is near public transportation with access to the J and Z subway lines, as well as the Jackie Robinson Parkway and Belt Parkway. Supermarkets, restaurants, coffee shops, gyms, parks, and other neighborhood services are nearby.
Key Highlights
- Two‑family brick residence with approximately 2,080 square feet of building area
- Approximately 20 X 100 lot with an approximately 20 X 52 building footprint
- Each residential floor has 3 bedrooms, 1 full bathroom, a kitchen, and a living room
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
$50,844
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
4.35%
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%
$1,016,880
$1.0M
Cap Rate 7%
$726,343
$726.3K
Cap Rate 9%
$564,933
$564.9K
Market Conditions
NOI Build-Up for 2,080 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
$96.1K $46.20/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$92.4K $44.44/SF
− OpEx
−$41.6K −$20.00/SF
NOI
$50.8K $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 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%
$1,016,880
Cap Rate 7%
$726,343
Cap Rate 9%
$564,933
Alternative Uses
Best Use
Apartment 5plus
$726.3K
$635.6K – $847.4K
NOI $50,844 @ 7.0% cap · market cap 4.35%
Second Best
Multifamily LT 5
$491.8K
$430.3K – $573.8K
NOI $34,427 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,338 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,530
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 residential units provide three-bedroom layouts with kitchens, living rooms, and one full bathroom on each floor.
Where is this duplex located?
The property is located at 91-14 86th Drive Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,168,000.
What are key features of this property?
This property features: Two‑family brick residence with approximately 2,080 square feet of building area; Approximately 20 X 100 lot with an approximately 20 X 52 building footprint; Each residential floor has 3 bedrooms, 1 full bathroom, a kitchen, and a living room
