Two-Family Duplex with Finished
New
For Sale
$1,050,000
93-13 107th Street, Richmond Hill, NY 11418
Detached two-family residence with distinct unit layouts, outdoor space, and a finished basement with separate exterior access.
Property Size1,971 SF
Price / SF$532.72
Days on Market2
Property Features for 93-13 107th Street
General Information
Standard status
Active
Size
1,971 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,666
Amenities
covered patio
landscaped backyard
washer/dryer
First Floor Bedroom
Ceiling Fan(s)
Entrance Foyer
High Ceilings
Open Kitchen
Original Details
Walk-In Closet(s)
Washer/Dryer Hookup
Garden
Building Details
Building Size
1,971 SF
Year Built
1910
Buildings
1
Units
2
Listing Agency:
Exit Realty Achieve
Listed By:
Vanessa Y. Rosario PSA
(347) 419-1202
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 3:47PM
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 Exit Realty Achieve
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Investment Insights
Based on property information with market context.
This detached two-family property contains 1,971 square feet, with four bedrooms and three bathrooms across two units. The first-floor residence has an eat-in kitchen, one bedroom, and a covered patio opening toward a landscaped backyard. The upper unit spans two floors and includes three bedrooms, two bathrooms, a living room, and an open-plan eat-in kitchen. Hardwood floors, staircase woodwork, and crown molding add original character. A finished basement offers bonus space, laundry, and a separate outside entrance.
The property is less than half a mile from the J train at 104th Street station and near shopping, dining, and daily services along Jamaica Avenue. Built in 1910, it combines two-family occupancy with private outdoor space and a multi-level upper residence.
The property is less than half a mile from the J train at 104th Street station and near shopping, dining, and daily services along Jamaica Avenue. Built in 1910, it combines two-family occupancy with private outdoor space and a multi-level upper residence.
Key Highlights
- Detached two‑family home with 4 bedrooms and 3 bathrooms
- 1,971 square feet; built in 1910
- Upper unit is a three‑bedroom, two‑bathroom duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,180
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,600
$963.6K
Cap Rate 7%
$688,286
$688.3K
Cap Rate 9%
$535,333
$535.3K
Market Conditions
NOI Build-Up for 1,971 SF
Gross rent
$91.1K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$87.6K $44.44/SF
− OpEx
−$39.4K −$20.00/SF
NOI
$48.2K $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%
$963,600
Cap Rate 7%
$688,286
Cap Rate 9%
$535,333
Alternative Uses
Best Use
Apartment 5plus
$688.3K
$602.3K – $803.0K
NOI $48,180 @ 7.0% cap · market cap 4.59%
Second Best
Multifamily LT 5
$466.0K
$407.8K – $543.7K
NOI $32,623 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,713 @ 7.0% cap · market cap 9.69%
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
2,218
Businesses Nearby
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Business Placement
Demographics for 11418, NY
37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family residence with distinct unit layouts, outdoor space, and a finished basement with separate exterior access.
Where is this duplex located?
The property is located at 93-13 107th Street Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Detached two‑family home with 4 bedrooms and 3 bathrooms; 1,971 square feet; built in 1910; Upper unit is a three‑bedroom, two‑bathroom duplex
