Two-Family
For Sale
$1,299,000
9444 214th Street, Queens Village, NY 11428
Two residential units offer a flexible ownership configuration with rental-income potential.
Property Size1,800 SF
Days on Market33
Property Features for 9444 214th Street
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,911
Building Details
Building Size
1,800 SF
Year Built
1920
Units
2
Listing Agency:
HS Capital Realty, LLC
(518) 729-8278
Listed By:
Ishranie Permaul · License #10401372486
(518) 729-8278
Source:
Cohenandcohenrealty
Added: Jul 3
Changed: Aug 4
Last Checked: Aug 4 at 6:20AM
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 HS Capital Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1920, this two-family duplex at 9444 214th Street includes two residential units with a combined total of 6 bedrooms and 4 bathrooms. The configuration supports both investor ownership and an owner-occupant arrangement with rental income potential.
The property is positioned near transportation, shopping, schools, and major roadways in Queens Village, providing access to several everyday services and travel connections.
The property is positioned near transportation, shopping, schools, and major roadways in Queens Village, providing access to several everyday services and travel connections.
Key Highlights
- Two residential units in a two‑family duplex
- 6 bedrooms and 4 bathrooms total
- Built in 1920
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 | $83.2k | $46.20 |
| − Vacancy | −$3.2k | −$1.76 |
| EGI | $80.0k | $44.44 |
| − OpEx | −$36.0k | −$20.00 |
| NOI | $44.0k | $24.44 |
1,800 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$628.6K
$550.0K – $733.3K
NOI $44,000 @ 7.0% cap · market cap 3.39%
Second Best
Multifamily LT 5
$425.6K
$372.4K – $496.6K
NOI $29,793 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,889 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
Demographics for 11428, NY
19,516
Population
6,335
Households
3.1
Avg Household Size
42
Median Age
28%
College-Educated
81%
High-School Grad
0.8 sq mi
ZIP Area
24,395
Density / Sq Mi
$84,977
Median Household Income
$42,146
Median Earnings
$1,827
Median Rent
$666,200
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 residential units offer a flexible ownership configuration with rental-income potential.
Where is this duplex located?
The property is located at 9444 214th Street Queens Village, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two residential units in a two‑family duplex; 6 bedrooms and 4 bathrooms total; Built in 1920
