Detached High-Ranch
15623 89th Street Howard Beach, NY 11414
For Sale
$1,290,000
SINGLE_FAMILY - Howard Beach, NY
Property Size2,652 SF
Lot Size0.10 Acres
Price / SF$486.43
Days on Market238
Property Features for 15623 89th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
Parking features
Garage
Interior features
Refrigerator, Stove
Standard status
Active
Size
2,652 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
9978
Building Details
Year built
1955
Floors in Building
2
Flooring type
Hardwood, Tile
Architectural style
Other
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Yuyi Cheng
(917) 708-9966
Added: Dec 1, 2025
Changed: Jul 27
Last Checked: Jul 27 at 8:06PM
MLS# 497605
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 detached high-ranch home is laid out over two floors with a rear door providing direct access to the backyard. The first floor features a spacious living room with a cozy gas fireplace, a new open-concept kitchen with stainless steel appliances, a dining area with a bar, a laundry room, ample closet space, and a large three-piece bathroom. It also includes a one-car garage.
The second floor offers a family room, three bedrooms, and two full bathrooms, including a fully ensuite master bedroom. One secondary bedroom provides access to a large balcony.
Set on a 42 ft by 100 ft lot with a zoning designation of R2, the property is listed in Howard Beach, Queens County, NY.
The second floor offers a family room, three bedrooms, and two full bathrooms, including a fully ensuite master bedroom. One secondary bedroom provides access to a large balcony.
Set on a 42 ft by 100 ft lot with a zoning designation of R2, the property is listed in Howard Beach, Queens County, NY.
Key Highlights
- Detached high‑ranch built in 1955 with 26 ft x 55 ft first‑floor space and 26 ft x 47 ft second‑floor space
- 42 ft x 100 ft lot with rear door access to a large open backyard
- First‑floor living room features a cozy gas fireplace; dining area with bar plus brand‑new open‑concept kitchen
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 | $122.5k | $46.20 |
| − Vacancy | −$4.7k | −$1.76 |
| EGI | $117.9k | $44.44 |
| − OpEx | −$53.0k | −$20.00 |
| NOI | $64.8k | $24.44 |
2,652 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$926.1K
$810.3K – $1.08M
NOI $64,827 @ 7.0% cap · market cap 5.03%
Second Best
Multifamily LT 5
$627.1K
$548.7K – $731.6K
NOI $43,895 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,856 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Detached high-ranch residence with a one-car garage, gas fireplace, and direct backyard access via rear door.
Where is this duplex located?
The property is located at 15623 89th Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Detached high‑ranch built in 1955 with 26 ft x 55 ft first‑floor space and 26 ft x 47 ft second‑floor space; 42 ft x 100 ft lot with rear door access to a large open backyard; First‑floor living room features a cozy gas fireplace; dining area with bar plus brand‑new open‑concept kitchen
