Two-Unit Duplex with Side
95-27 87th Street, Ozone Park, NY 11416
For Sale
New
$1,250,000
Residential, Duplex, Ozone Park, NY
Property Size1,760 SF
Lot Size0.09 Acres
Price / SF$710.23
Days on Market1
Property Features for 95-27 87th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Architectural style
Buildings
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Added: Nov 7
Last Checked: Nov 7 at 8:06PM
MLS# 505925
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 two-family duplex contains 1,760 square feet, with two residences, each configured with two bedrooms and two full bathrooms. A finished basement has its own entrance. The property also includes a side lot with parking for at least four cars and a detached garage. Wood-frame construction dates to 1905, and the home has hardwood flooring.
The property is at 95-27 87th Street in Ozone Park, Queens. It occupies a 0.0861-acre lot and is zoned R4-1.
The property is at 95-27 87th Street in Ozone Park, Queens. It occupies a 0.0861-acre lot and is zoned R4-1.
Key Highlights
- Two residences, each with 2 bedrooms and 2 full bathrooms
- Finished basement with a separate entrance
- Side lot provides parking for at least 4 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,022
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,440
$860.4K
Cap Rate 7%
$614,600
$614.6K
Cap Rate 9%
$478,022
$478.0K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$81.3K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$78.2K $44.44/SF
− OpEx
−$35.2K −$20.00/SF
NOI
$43.0K $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%
$860,440
Cap Rate 7%
$614,600
Cap Rate 9%
$478,022
Alternative Uses
Best Use
Apartment 5plus
$614.6K
$537.8K – $717.0K
NOI $43,022 @ 7.0% cap · market cap 3.44%
Second Best
Multifamily LT 5
$416.2K
$364.1K – $485.5K
NOI $29,131 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,824 @ 7.0% cap · market cap 7.27%
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
3,231
Businesses Nearby
Explore this area
Business Placement
Demographics for 11416, NY
28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Ozone Park
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and two full bathrooms, with a finished basement offering separate access.
Where is this duplex located?
The property is located at 95-27 87th Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full bathrooms; Finished basement with a separate entrance; Side lot provides parking for at least 4 cars
