Brick Duplex with New
For Sale
$1,588,800
94-36 45th Avenue, Elmhurst, NY 11373
Two-dwelling brick duplex built in 1975 with a brand new roof.
Days on Market102
Property Features for 94-36 45th Avenue
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
3,432 SF
Year Built
1975
Construction
brick
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Tarun Khushalani
Source:
Barbieliteam
Added: Apr 20
Changed: Jul 30
Last Checked: Jul 30 at 11:45AM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
This two-dwelling brick duplex is located at 94-36 45th Avenue in Elmhurst, NY 11373. The property was built in 1975 and features a brand new roof, providing a clear improvement to the exterior and weatherproofing.
The home is described as being in the heart of Elmhurst, positioning it within a dense residential area where tenants and buyers often value everyday access.
With its duplex configuration, the property offers a straightforward residential income setup that can be considered for owner-occupant or rental-focused use, depending on the buyer’s goals.
The home is described as being in the heart of Elmhurst, positioning it within a dense residential area where tenants and buyers often value everyday access.
With its duplex configuration, the property offers a straightforward residential income setup that can be considered for owner-occupant or rental-focused use, depending on the buyer’s goals.
Key Highlights
- Two‑dwelling brick duplex at 94‑36 45th Avenue, Elmhurst, NY 11373
- Brand new roof
- Brick construction
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $158.6k | $46.20 |
| − Vacancy | −$6.0k | −$1.76 |
| EGI | $152.5k | $44.44 |
| − OpEx | −$68.6k | −$20.00 |
| NOI | $83.9k | $24.44 |
3,432 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,893 @ 7.0% cap · market cap 5.28%
Second Best
Multifamily LT 5
$811.5K
$710.1K – $946.8K
NOI $56,805 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,108 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
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-dwelling brick duplex built in 1975 with a brand new roof.
Where is this duplex located?
The property is located at 94-36 45th Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,588,800.
What are key features of this property?
This property features: Two‑dwelling brick duplex at 94‑36 45th Avenue, Elmhurst, NY 11373; Brand new roof; Brick construction
