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Renovated Two-Family Townhouse

156-08 79 Street Howard Beach, NY 11414

156-08 79 Street, Howard Beach, NY, 11414
$925,000
For Sale
$925,000

MULTI_FAMILY - Howard Beach, NY

Property Size3,000 SF
Price / SF$308.33
Days on Market15

Property Features for 156-08 79 Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Parking features
Driveway
Fencing
Fenced
Standard status
Active
Size
3,000 SF

Taxes and HOA fees

Tax Annual Amount
4400

Utilities

Heating system
Natural Gas, Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Year built
1979
Floors in Building
3
Building materials
Brick
Roof type
Asphalt
Listing Agency CLOVERDALE REALTY & MANAGEMENT LTD
156 06 79TH ST, HOWARD BEACH, NY
Listed by Anthony Mihovich
Added: Jul 3 Checked: Jul 17 at 5:06 pm
MLS# 11869059 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.


Investment Insights

Based on property information with market context.

Renovated two-family townhouse arranged over three levels with a finished ground floor that includes a legal three-piece bathroom. The ground floor also features a full bathroom, laundry area, and two large rooms that are listed on the Certificate of Occupancy as a playroom and storage room. The first floor is a large one-bedroom layout with an eat-in kitchen, full bathroom, living room, and dining room. The second floor offers three bedrooms along with a kitchen, full bathroom, living room, and dining room. The property includes a large amount of closet space on each floor, plus a garage and driveway, and a large backyard.

The property is located on 79 Street in Howard Beach, Queens. Public transportation is within walking distance, with multiple bus lines serving the area, and the express bus options referenced in the remarks. Shopping is described as walkable to the shopping center at 153 Ave and 82nd Street.

As described in the public remarks, all reported residential areas are supported by the layout and Certificate of Occupancy listings referenced for the ground floor rooms.

Key Highlights

  • Renovated two‑family townhouse with three levels and a finished ground floor with a legal 3‑piece bathroom
  • Ground floor includes a renovated full bath, laundry area, and two large rooms listed on the C of O as playroom and storage room
  • First floor features a large one‑bedroom layout with EIK, full bathroom, living room, and dining room

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 $138.6k $46.20
− Vacancy −$5.3k −$1.76
EGI $133.3k $44.44
− OpEx −$60.0k −$20.00
NOI $73.3k $24.44
3,000 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M (±1% cap)
NOI $73,333 @ 7.0% cap · market cap 7.93%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K (±1% cap)
NOI $49,655 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $154,814 @ 7.0% cap · market cap 16.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Dental Office Catering Service

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

FAQs

What type of property is this?
Duplex - Renovated two-family, three-level home with a finished ground floor, legal three-piece bathroom, garage and driveway.
Where is this duplex located?
The property is located at 156-08 79 Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Renovated two‑family townhouse with three levels and a finished ground floor with a legal 3‑piece bathroom; Ground floor includes a renovated full bath, laundry area, and two large rooms listed on the C of O as playroom and storage room; First floor features a large one‑bedroom layout with EIK, full bathroom, living room, and dining room
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