2-Family
New
For Sale
$1,149,000
9416 170th Street, Jamaica, NY 11433
Finished interiors include a first-floor bedroom, with public bus and E and F train service nearby.
Property Size1,400 SF
Price / SF$820.71
Days on Market4
Property Features for 9416 170th Street
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,372
Amenities
Finished
Yes
First Floor Bedroom
Public
No
Driveway
1400
Building Details
Building Size
1,400 SF
Year Built
1920
Listing Agency:
(516) 703-2918
Listed By:
Craig May
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:52PM
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 Craig May
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Investment Insights
Based on property information with market context.
This two-family duplex in Jamaica has finished interiors and a first-floor bedroom. A long driveway provides on-site vehicle access.
Public bus service and the E and F trains are nearby. The property is also within walking distance of the Jamaica Avenue shopping center, with Sutphin Boulevard and the LIRR station in the surrounding area.
Public bus service and the E and F trains are nearby. The property is also within walking distance of the Jamaica Avenue shopping center, with Sutphin Boulevard and the LIRR station in the surrounding area.
Key Highlights
- Two‑family house in Jamaica
- Finished interior space with a first‑floor bedroom
- Long driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,222
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,440
$684.4K
Cap Rate 7%
$488,886
$488.9K
Cap Rate 9%
$380,244
$380.2K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$64.7K $46.20/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$62.2K $44.44/SF
− OpEx
−$28.0K −$20.00/SF
NOI
$34.2K $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%
$684,440
Cap Rate 7%
$488,886
Cap Rate 9%
$380,244
Alternative Uses
Best Use
Apartment 5plus
$488.9K
$427.8K – $570.4K
NOI $34,222 @ 7.0% cap · market cap 2.98%
Second Best
Multifamily LT 5
$331.0K
$289.7K – $386.2K
NOI $23,172 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$1.03M
$903.1K – $1.20M
NOI $72,247 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 11433, NY
39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Finished interiors include a first-floor bedroom, with public bus and E and F train service nearby.
Where is this duplex located?
The property is located at 9416 170th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two‑family house in Jamaica; Finished interior space with a first‑floor bedroom; Long driveway
