Detached Two-Family
For Sale
$1,298,800
Pending
95-20 41 Ave, Elmhurst, NY 11373
Public transportation, schools, and supermarkets are nearby, with Manhattan about 20 minutes away.
Property Size2,500 SF
Days on Market9
Property Features for 95-20 41 Ave
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,114
Amenities
Finished,Full
2
No
Yes
8
First Floor Bedroom,First Floor Full Bath
Finished, Full
Public
2500
Building Details
Building Size
2,500 SF
Year Built
1901
Listing Agency:
RE/MAX Team
(516) 703-2918
Listed By:
Noman Basit
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:46PM
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 RE/MAX Team
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 detached duplex is configured for two families and was built in 1901. The property is in Elmhurst, with public transportation, schools, and supermarkets nearby.
Manhattan is approximately 20 minutes away, and the property is also positioned within reach of New York City and Queens amenities.
Manhattan is approximately 20 minutes away, and the property is also positioned within reach of New York City and Queens amenities.
Key Highlights
- Detached duplex configured for two families
- Built in 1901
- Near public transportation, schools, and supermarkets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,111
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,222,220
$1.2M
Cap Rate 7%
$873,014
$873.0K
Cap Rate 9%
$679,011
$679.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$115.5K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$111.1K $44.44/SF
− OpEx
−$50.0K −$20.00/SF
NOI
$61.1K $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%
$1,222,220
Cap Rate 7%
$873,014
Cap Rate 9%
$679,011
Alternative Uses
Best Use
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 4.71%
Second Best
Multifamily LT 5
$591.1K
$517.2K – $689.7K
NOI $41,379 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,012 @ 7.0% cap · market cap 9.93%
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,052
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 - Public transportation, schools, and supermarkets are nearby, with Manhattan about 20 minutes away.
Where is this duplex located?
The property is located at 95-20 41 Ave Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,298,800.
What are key features of this property?
This property features: Detached duplex configured for two families; Built in 1901; Near public transportation, schools, and supermarkets
