Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    150-78 15th Drive Whitestone, NY 11357

    View on Map
    For Sale
    $1,200,000

    Multi-Unit (2-4) - Whitestone, NY

    Added:
    Feb 22, 2026
    Days on Market:
    38
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 150-78 15th Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Living Room
    Parking features
    Garage
    Appliances
    Dishwasher, Dryer, Washer
    Standard status
    Active

    Taxes and HOA fees

    TaxYear
    2026
    TaxAnnualAmount
    8732

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1950
    Year renovated
    1950
    Floors in Building
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Anthony Carollo
    Anthony Carollo

    Listing agent Anthony Carollo

    Listing office REALTY ONE GROUP DYNASTY 11-05 154 St, WHITESTONE, NY

    Listing date Feb 22, 2026

    MLS# 11660907 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Whitestone Two-Family Home For Sale

    This legal two-family home in Whitestone is suitable for investors seeking rental income and long-term appreciation. Unit #2, spanning the second and third floors, includes an eat-in kitchen, dining room, living room, three bedrooms, and 1.5 baths. Unit #1, located on the first floor, is a spacious studio with a large closet and granite countertops. The property also features a private driveway and a fenced-in backyard. Conveniently located near public transportation, shopping, and neighborhood amenities, the property is situated on a lot with an area of 0 acres in Queens County, New York.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitestone
    County
    Queens
    State
    New York
    Longitude
    -73.810807
    Latitude
    40.786478

    Nearby Similar for Sale

    • $1,880,000

      Modern Commercial Building in Whitestone

      Well-maintained commercial building in a prime Whitestone location.
      15046 14th Avenue, Whitestone, NY 11357
      View Details
    • $1,580,000

      Community Facility in Whitestone

      Well-maintained 3,300 SF community facility in a busy corridor.
      143-11 Willets Point Boulevard, Whitestone, NY 11357
      View Details
    • $1,350,000
      2,600 SF

      Spacious Multi-Family in Whitestone

      Three-story multi-family home with finished basement in desirable Whitestone.
      3-24 150th Street, Whitestone, NY 11357
      View Details
    • $1,560,000

      Renovated Whitestone Home with Office

      Fully renovated Whitestone home with office and multiple units.
      157-14 20TH Road, Whitestone, NY 11357
      View Details
    • $2,428,000

      Two-Dwelling Home in Whitestone

      South-facing detached home with two units, garage, and backyard.
      147-25 18th Avenue, Whitestone, NY 11357
      View Details
    • $1,450,000

      Renovated Colonial Duplex with Studio

      Renovated Colonial duplex with legal studio in Whitestone, NY.
      166-36 23rd Avenue, Whitestone, NY 11357
      View Details
    • $1,748,888

      Spacious Whitestone Duplex with Income

      Well-maintained duplex in Whitestone with income potential and large lot.
      2023 Whitestone Expressway, Whitestone, NY 11357
      View Details
    • $1,400,000

      Renovated Mixed-Use Whitestone Gem

      Fully renovated mixed-use property in the heart of Whitestone.
      1527 149th Street, Whitestone, NY 11357
      View Details
    • $2,450,000

      Whitestone Two-Family Luxury Home

      Luxury two-family home in prime Whitestone location.
      149-20 17th Avenue, Whitestone, NY 11357
      View Details
    • $1,399,000

      Whitestone Two-Family Home with Parking

      Two-family home in Whitestone with parking and investment potential.
      16-11 149th Street, Whitestone, NY 11357
      View Details
    • $2,200,000

      New Mixed-Use Building, Whitestone

      New mixed-use building with retail and residential units in Whitestone.
      150-22 12th Road, Whitestone, NY 11357
      View Details
    • $2,200,000

      New Whitestone Mixed-Use Building

      New mixed-use building with retail and residential units in Whitestone.
      150-20 12th Road, Whitestone, NY 11357
      View Details

    FAQs

    What type of property is this?
    Duplex - Legal two-family home in Whitestone, ideal for rental income.
    Where is this duplex located?
    The property is located at 150-78 15th Drive Whitestone, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Legal two‑family home: Ideal for investors seeking rental income.; Unit #2: Features 3 bedrooms and 1.5 baths.; Unit #1: Spacious studio with granite countertops.
    (718) 747-7747
    We can help!
    Listing Contact
    Anthony Carollo
    Anthony Carollo
    Real Estate License ID: 31CA0944140
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!