10-Bedroom Duplex with
97-19 120th Street, Richmond Hill, NY 11419
For Sale
New
$1,399,000
Two kitchens and separate living areas support a two-family layout.
Property Size2,800 SF
Lot Size0.11 Acres
Price / SF$499.64
Days on Market3
Property Features for 97-19 120th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Finished
Hardwood
5
No
Yes
10
First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Entrance Foyer,Formal Dining,Open Kitchen,Primary Bathroom
Public
Driveway, Private
2800
Building Details
Building Size
Year Built
Listing Agency:
First Class Homes Inc
(914) 788-6339
Listed By:
Deborah Milone
Source:
Schunkrealtygroup
Added: Nov 5
Changed: Nov 7
Last Checked: Nov 7 at 3:14PM
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 First Class Homes Inc
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 2,800-square-foot duplex, built in 1915, contains 10 bedrooms and 5 bathrooms. Its two-family configuration includes two living rooms, two family rooms, and two eat-in kitchens, along with hardwood flooring and finished areas. A private driveway and two-car garage provide on-site vehicle storage. The lot measures 40 by 115 feet.
The property is in Richmond Hill, near transportation, schools, shopping, parks, and houses of worship.
The property is in Richmond Hill, near transportation, schools, shopping, parks, and houses of worship.
Key Highlights
- 10 bedrooms and 5 bathrooms across a two‑family property
- 2,800 square feet; built in 1915
- Two eat‑in kitchens, two living rooms, and two family rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,444
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,368,880
$1.4M
Cap Rate 7%
$977,771
$977.8K
Cap Rate 9%
$760,489
$760.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$129.4K $46.20/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$124.4K $44.44/SF
− OpEx
−$56.0K −$20.00/SF
NOI
$68.4K $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%
$1,368,880
Cap Rate 7%
$977,771
Cap Rate 9%
$760,489
Alternative Uses
Best Use
Apartment 5plus
$977.8K
$855.6K – $1.14M
NOI $68,444 @ 7.0% cap · market cap 4.89%
Second Best
Multifamily LT 5
$662.1K
$579.3K – $772.4K
NOI $46,345 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,493 @ 7.0% cap · market cap 10.33%
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
2,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
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 Richmond Hill
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens and separate living areas support a two-family layout.
Where is this duplex located?
The property is located at 97-19 120th Street Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 10 bedrooms and 5 bathrooms across a two‑family property; 2,800 square feet; built in 1915; Two eat‑in kitchens, two living rooms, and two family rooms
