Duplex with Finished
For Sale
$1,398,000
Pending
93-29 91st Avenue, Woodhaven, NY 11421
Each residence has three bedrooms, two full baths, and its own living, dining, and kitchen areas.
Property Size3,742 SF
Lot Size0.08 Acres
Days on Market9
Property Features for 93-29 91st Avenue
General Information
Standard status
Pending
Size
3,742 SF
Total Parking Spaces
1
Lot size
0.08 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,788
Amenities
hardwood floors
private yard
finished basement
Finished,Full
5
Yes
6
Other
Finished, Full
Public
No
Driveway, Garage
Building Details
Year Built
2004
Buildings
1
Stories
2
Listing Agency:
Keller Williams Rlty Landmark
(516) 703-2918
Listed By:
Donna Francavilla
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:25PM
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 Keller Williams Rlty Landmark
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Investment Insights
Based on property information with market context.
This Woodhaven duplex contains two separate residences, each arranged with a living room, dining room, kitchen, three bedrooms, and two full baths. The building measures 20 by 52 feet, with 1,040 square feet on each floor. A finished basement adds a bathroom and three points of entry. Hardwood flooring runs throughout, and the interior has been freshly painted. The property was built in 2004 and is offered vacant.
The 30-by-123-foot lot includes a private yard, a one-car garage, and a long driveway with parking for multiple vehicles. Public transportation, including J and Z subway service and buses, is noted nearby, along with access to JFK and LGA airports, major highways, and shopping.
The 30-by-123-foot lot includes a private yard, a one-car garage, and a long driveway with parking for multiple vehicles. Public transportation, including J and Z subway service and buses, is noted nearby, along with access to JFK and LGA airports, major highways, and shopping.
Key Highlights
- Legal two‑family duplex delivered vacant
- Each residence has 3 bedrooms, 2 full baths, and separate living, dining, and kitchen areas
- Finished basement with a bathroom and 3 entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,471
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,829,420
$1.8M
Cap Rate 7%
$1,306,729
$1.3M
Cap Rate 9%
$1,016,344
$1.0M
Market Conditions
NOI Build-Up for 3,742 SF
Gross rent
$172.9K $46.20/SF
− Vacancy
−$6.6K −$1.76/SF
EGI
$166.3K $44.44/SF
− OpEx
−$74.8K −$20.00/SF
NOI
$91.5K $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%
$1,829,420
Cap Rate 7%
$1,306,729
Cap Rate 9%
$1,016,344
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.14M – $1.52M
NOI $91,471 @ 7.0% cap · market cap 6.54%
Second Best
Multifamily LT 5
$884.8K
$774.2K – $1.03M
NOI $61,936 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M
NOI $193,105 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,984
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two full baths, and its own living, dining, and kitchen areas.
Where is this duplex located?
The property is located at 93-29 91st Avenue Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Legal two‑family duplex delivered vacant; Each residence has 3 bedrooms, 2 full baths, and separate living, dining, and kitchen areas; Finished basement with a bathroom and 3 entrances
