Two-Family New Construction
122-21 Long Street Jamaica, NY 11434
122-21 Long Street, Jamaica, NY, 11434
$1,475,000
For Sale
$1,475,000
MULTI_FAMILY - Jamaica, NY
Property Size3,200 SF
Lot Size0.09 Acres
Price / SF$460.94
Days on Market33
Property Features for 122-21 Long Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 1
- Parking features
- Driveway
- Window features
- ENERGY STAR Qualified WIndows
- Interior features
- First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Marble Counters, Open Floorplan, Open Kitchen, Recessed Lighting, Storage, Washer/Dryer Hookup
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 12255-0013
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Additional Structures
- Storage
Listing Agency
LAFFEY REAL ESTATE
(516) 333-0025
830 Old Country Rd, Greenvale, NY
Listed by
Eric W. Jackson
(516) 236-1396
Added: Jun 15 Checked: Jul 17 at 11:06 pm
MLS# 1013491
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This new construction two-family home offers an open floor plan with cathedral ceilings on the second level. It features eight bedrooms and five bathrooms across two custom kitchens, along with hardwood floors, marble floors, and recessed lighting throughout. The property includes washer/dryer connections, central air, and smart thermostats for everyday comfort and convenience. A finished walk-out basement adds additional usable space, including direct access from the basement level.
Located in Jamaica, Queens, at 122-21 Long Street (11434), the home sits on a private, long driveway. The lot size is listed at 0.0918 acres, supporting a residential setup with driveway access and a self-contained feel.
For tenants or owner-operators, the configuration provides separate, bedroom-rich living spaces with dedicated baths and custom kitchen areas. The finished walk-out basement can support additional living needs within the same building footprint, while in-unit laundry hookups, central air, and modern controls help reduce basic day-to-day friction. With thoughtful interior finishes and a second-floor cathedral ceiling, the layout is designed for both comfort and practical everyday use.
Located in Jamaica, Queens, at 122-21 Long Street (11434), the home sits on a private, long driveway. The lot size is listed at 0.0918 acres, supporting a residential setup with driveway access and a self-contained feel.
For tenants or owner-operators, the configuration provides separate, bedroom-rich living spaces with dedicated baths and custom kitchen areas. The finished walk-out basement can support additional living needs within the same building footprint, while in-unit laundry hookups, central air, and modern controls help reduce basic day-to-day friction. With thoughtful interior finishes and a second-floor cathedral ceiling, the layout is designed for both comfort and practical everyday use.
Key Highlights
- New construction 2‑family home (2026) offering over 3,200 sq ft of living space
- 8 bedrooms and 5 bathrooms, including 2 custom kitchens
- Finished walk‑out basement plus an open floor plan with cathedral ceilings on the 2nd floor
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.8k | $46.20 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $142.2k | $44.44 |
| − OpEx | −$64.0k | −$20.00 |
| NOI | $78.2k | $24.44 |
3,200 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$977.8K – $1.30M
NOI $78,222 @ 7.0% cap · market cap 5.30%
Second Best
Multifamily LT 5
$756.6K
$662.1K – $882.8K
NOI $52,965 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New two-family residence with open layout, central air, and a finished walk-out basement for flexible living or income use.
Where is this duplex located?
The property is located at 122-21 Long Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: New construction 2‑family home (2026) offering over 3,200 sq ft of living space; 8 bedrooms and 5 bathrooms, including 2 custom kitchens; Finished walk‑out basement plus an open floor plan with cathedral ceilings on the 2nd floor
