Duplex With Detached
For Sale
$1,449,000
9734 86th Street, Ozone Park, NY 11416
Two-family layout with finished interior space, a driveway, and outdoor areas.
Property Size2,471 SF
Price / SF$586.40
Days on Market9
Property Features for 9734 86th Street
General Information
Standard status
Active
Size
2,471 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,493
Amenities
private driveway
detached garage
front porch
yard
outdoor space
Finished
Yes
Chandelier,Walk-In Closet(s)
Public
4
No
Driveway, Garage
2471
Building Details
Building Size
2,471 SF
Year Built
1920
Listing Agency:
Telemundo Realty Corp
(516) 703-2918
Listed By:
Aman Deep Sabharwal
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:12PM
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 Telemundo Realty Corp
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Investment Insights
Based on property information with market context.
Built in 1920, this 2,471-square-foot duplex is configured for two households. Interior features include finished space and walk-in closets, with a front porch and yard providing additional outdoor areas. A driveway and detached garage are also part of the property.
Shopping, public transportation, schools, restaurants, and major roadways are nearby.
Shopping, public transportation, schools, restaurants, and major roadways are nearby.
Key Highlights
- Two‑family duplex with 2,471 square feet
- Built in 1920
- Detached garage and driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,402
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,208,040
$1.2M
Cap Rate 7%
$862,886
$862.9K
Cap Rate 9%
$671,133
$671.1K
Market Conditions
NOI Build-Up for 2,471 SF
Gross rent
$114.2K $46.20/SF
− Vacancy
−$4.3K −$1.76/SF
EGI
$109.8K $44.44/SF
− OpEx
−$49.4K −$20.00/SF
NOI
$60.4K $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%
$1,208,040
Cap Rate 7%
$862,886
Cap Rate 9%
$671,133
Alternative Uses
Best Use
Apartment 5plus
$862.9K
$755.0K – $1.01M
NOI $60,402 @ 7.0% cap · market cap 4.17%
Second Best
Multifamily LT 5
$584.3K
$511.2K – $681.7K
NOI $40,899 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.82M
$1.59M – $2.13M
NOI $127,515 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,554
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family layout with finished interior space, a driveway, and outdoor areas.
Where is this duplex located?
The property is located at 9734 86th Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Two‑family duplex with 2,471 square feet; Built in 1920; Detached garage and driveway
