Brick Duplex with New
For Sale
$1,698,888
94-36 45th Avenue, Elmhurst, NY 11373
Two-dwelling brick duplex built in 1975 with a brand new roof.
Property Size3,432 SF
Days on Market193
Property Features for 94-36 45th Avenue
General Information
Standard status
Active
Size
3,432 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$11,514
Building Details
Building Size
3,432 SF
Year Built
1975
Construction
brick
Listing Agency:
Winzone Realty Inc
Listed By:
Tarun Khushalani
(718) 506-4142
Source:
Barbieliteam
Added: Apr 20
Changed: Oct 25
Last Checked: Oct 28 at 2:53PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$83,893
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,860
$1.7M
Cap Rate 7%
$1,198,471
$1.2M
Cap Rate 9%
$932,144
$932.1K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$158.6K $46.20/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$152.5K $44.44/SF
− OpEx
−$68.6K −$20.00/SF
NOI
$83.9K $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%
$1,677,860
Cap Rate 7%
$1,198,471
Cap Rate 9%
$932,144
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,893 @ 7.0% cap · market cap 4.94%
Second Best
Multifamily LT 5
$811.5K
$710.1K – $946.8K
NOI $56,805 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,108 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
6,789
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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 $1,698,888.
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
