Renovated 2-Family Home with
95-11 42nd Avenue Elmhurst, NY 11373
For Sale
$1,199,999
Two-unit duplex with a renovated basement, separate entrance, and solar panels installed for energy efficiency.
Days on Market114
Property Features for 95-11 42nd Avenue
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Year Built
1920
Listing Agency:
Winzone Realty Inc
(347) 200-8885
Listed By:
Mo Tian
Source:
Serhant
Added: Apr 8
Changed: Jul 30
Last Checked: Jul 30 at 5:24AM
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 renovated 2-family duplex includes a spacious first-floor unit with three bedrooms and one bath plus a second-floor duplex with two bedrooms and a finished attic that functions as a large bedroom. The property also has a fully renovated basement with a separate entrance, providing additional flexibility for day-to-day use.
Built in 1920, the home has a new roof with solar panels installed, and fully paid solar panels are included. The result is an energy-efficient setup designed to help reduce utility costs.
Located at 95-11 42nd Avenue in Elmhurst, New York, the home is positioned for convenient city access, with bus service nearby and multiple subway lines reached within minutes. It is also close to everyday essentials such as supermarkets, restaurants, and banks, serving well for investors or end-users looking for a live-and-rent setup with long-term ownership.
Built in 1920, the home has a new roof with solar panels installed, and fully paid solar panels are included. The result is an energy-efficient setup designed to help reduce utility costs.
Located at 95-11 42nd Avenue in Elmhurst, New York, the home is positioned for convenient city access, with bus service nearby and multiple subway lines reached within minutes. It is also close to everyday essentials such as supermarkets, restaurants, and banks, serving well for investors or end-users looking for a live-and-rent setup with long-term ownership.
Key Highlights
- First‑floor unit: three bedrooms and one bath
- Second‑floor duplex: two bedrooms plus finished attic large bedroom
- Fully renovated basement with separate entrance
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 | $74.3k | $46.20 |
| − Vacancy | −$2.8k | −$1.76 |
| EGI | $71.5k | $44.44 |
| − OpEx | −$32.2k | −$20.00 |
| NOI | $39.3k | $24.44 |
1,608 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$561.5K
$491.3K – $655.1K
NOI $39,307 @ 7.0% cap · market cap 3.28%
Second Best
Multifamily LT 5
$380.2K
$332.7K – $443.6K
NOI $26,615 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $82,981 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with a renovated basement, separate entrance, and solar panels installed for energy efficiency.
Where is this duplex located?
The property is located at 95-11 42nd Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: First‑floor unit: three bedrooms and one bath; Second‑floor duplex: two bedrooms plus finished attic large bedroom; Fully renovated basement with separate entrance
