Two-Family Duplex with Shared
For Sale
$1,100,000
Pending
9725 91st Street, Ozone Park, NY 11416
An open living area, granite counters, and updated cabinetry and bathroom serve the two-family layout.
Property Size1,870 SF
Days on Market9
Property Features for 9725 91st Street
General Information
Standard status
Pending
Size
1,870 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,231
Amenities
Partially Finished
Tile,Wood
2
No
Yes
6
Entrance Foyer,Granite Counters
Public
Driveway, Shared Driveway
1870
Public Maintained Road
Building Details
Building Size
1,870 SF
Year Built
1910
Buildings
1
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:43PM
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 Geralda Desir
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Investment Insights
Based on property information with market context.
Configured as a two-family residence, the 1,870-square-foot property has 6 bedrooms and 2 full bathrooms. Its interior includes an open-plan living area, granite counters, updated cabinets, and an updated bathroom. The property was built in 1910 and has a shared driveway.
Bus and train service, along with shopping, restaurants, schools, and parks, are nearby.
Bus and train service, along with shopping, restaurants, schools, and parks, are nearby.
Key Highlights
- Two‑family residence with 6 bedrooms and 2 full bathrooms
- 1,870 square feet; built in 1910
- Shared driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,711
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,220
$914.2K
Cap Rate 7%
$653,014
$653.0K
Cap Rate 9%
$507,900
$507.9K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$86.4K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$83.1K $44.44/SF
− OpEx
−$37.4K −$20.00/SF
NOI
$45.7K $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%
$914,220
Cap Rate 7%
$653,014
Cap Rate 9%
$507,900
Alternative Uses
Best Use
Apartment 5plus
$653.0K
$571.4K – $761.9K
NOI $45,711 @ 7.0% cap · market cap 4.16%
Second Best
Multifamily LT 5
$442.2K
$386.9K – $515.9K
NOI $30,952 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,501 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,578
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - An open living area, granite counters, and updated cabinetry and bathroom serve the two-family layout.
Where is this duplex located?
The property is located at 9725 91st Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family residence with 6 bedrooms and 2 full bathrooms; 1,870 square feet; built in 1910; Shared driveway
