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Two-Family Duplex Home
New
For Sale
$1,078,000

95-11 42nd Ave, Elmhurst, NY 11373

Residential Income, Elmhurst, NY

Property Size2,412 SF
Lot Size0.04 Acres
Price / SF$446.93
Days on Market5

Property Features for 95-11 42nd Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Subdivision Elmhurst
High school district NEW YORK CITY GEOGRAPHIC DISTRICT #24
Directions 95th Street to 42nd Avenue
Standard status Active
APN 000000-000.000-1597-030.000
Size 2,412 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 8038

Utilities

Sewer type Public Sewer
Heating system Radiant, Oil
Water source Public

Building Details

Year built 1920
Floors in Building 2
Flooring type Hardwood
Listing Agency: NY SUPERIOR REALTY
Listed By: Saundra Avalos
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 17 at 6:06AM
MLS# 12030950

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-family property contains 2,412 square feet on a 0.04-acre lot. The first-floor apartment has three bedrooms, a living room, and an eat-in kitchen; its bedroom count includes a legal 10' x 15' extension. The second apartment spans the second floor and attic, with a living room and bedroom on the main level and additional upper-level space. A finished basement has a separate entrance, two rooms, a small living area or office, a renovated bathroom, and a boiler room. Hardwood flooring, radiant heat, and a newly installed roof are among the property features. Solar panels are included and transferable, with no remaining payoff stated for the panels. The building dates to 1920.

The home is approximately three blocks from the Junction Boulevard 7 train station and near Roosevelt Avenue, restaurants, shops, and the Q72 bus line. Public water and sewer serve the property. It can be delivered vacant.

Key Highlights

  • 2,412 square feet on a 0.04‑acre lot
  • First‑floor apartment has three bedrooms, living room, and eat‑in kitchen
  • Upper apartment is a duplex extending into the attic

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,960
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,200 $1.2M
Cap Rate 7%
$842,286 $842.3K
Cap Rate 9%
$655,111 $655.1K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$111.4K $46.20/SF
− Vacancy
−$4.2K −$1.76/SF
EGI
$107.2K $44.44/SF
− OpEx
−$48.2K −$20.00/SF
NOI
$59.0K $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%
$1,179,200
Cap Rate 7%
$842,286
Cap Rate 9%
$655,111

Alternative Uses

Best Use
Apartment 5plus
$842.3K
$737.0K – $982.7K (±1% cap)
NOI $58,960 @ 7.0% cap · market cap 5.47%
Second Best
Multifamily LT 5
$570.3K
$499.0K – $665.4K (±1% cap)
NOI $39,922 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.78M
$1.56M – $2.07M (±1% cap)
NOI $124,471 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Nursing Home Parking Lot & Garage Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,722
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate apartments include a three-bedroom first-floor unit and an upper-level duplex with attic space.
Where is this duplex located?
The property is located at 95-11 42nd Ave Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,078,000.
What are key features of this property?
This property features: 2,412 square feet on a 0.04‑acre lot; First‑floor apartment has three bedrooms, living room, and eat‑in kitchen; Upper apartment is a duplex extending into the attic
More about this property
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