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

    241-07 147Th Ave Rosedale, NY 11422

    Sponsored
    For Sale
    $959,000

    MULTI_FAMILY - Ranch - Rosedale, NY

    Type:Single Family Residence
    Lot size:
    0.12 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 4 at 11:06 am

    Property Features for 241-07 147Th Ave

    General Information

    Special listing conditions
    In Foreclosure, Real Estate Owned
    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    TransactionType
    In Foreclosure, Real Estate Owned
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 5, Basement, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 3, Bathroom 3, Bedroom 2
    Bedrooms
    5
    Bathrooms
    5
    APN
    13541-0113
    Parking features
    Garage
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Basement
    Finished, Full, Walk-Out Access
    Lot size
    0.12 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Vinyl Siding
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Annette Workman

    JA Home Sales (347) 460-1860

    Listing agent Annette Workman (347) 417-0705

    Listing date Feb 27, 2026

    MLS# 957803

    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.

    Learn more

    Property Insight Report

    Overview

    Rosedale Two-Family Income Property

    Located in the heart of Rosedale, Queens, this well-maintained two-family property presents an opportunity for homeowners seeking rental income. Situated on a quiet, tree-lined street, the fully detached home features curb appeal and a landscaped front yard. The property includes two separate units and a finished basement with two bedrooms and a full bathroom. Each unit has a private entrance, along with an internal staircase connecting the first floor to the basement. Both units feature living and dining areas, modern kitchens with updated appliances, cabinets, and countertops. The first floor includes three bedrooms, two full bathrooms, and closet space. The second floor has two bedrooms and one bathroom. Both units have hardwood floors and finishes. The property offers private off-street parking and a backyard area. It provides access to shopping, restaurants, and parks, with nearby bus lines and subway stations facilitating commuting throughout Queens and into Manhattan. The lot size is 0.1183 acres.
    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 Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rosedale
    County
    Queens
    State
    New York
    Longitude
    -73.74276
    Latitude
    40.657507

    Nearby Similar for Sale

    • New
      $1,379,000
      3,000 SF

      Renovated Two-Family Home in Rosedale

      Meticulously renovated two-family home with income potential in Rosedale, NY.
      24149 148Th Dr, Rosedale, NY 11422
      View Details
    • New
      $1,399,998
      0.09 Acres

      Rosedale Multi-Family Investment Opportunity

      Two-family home with rental income potential in Rosedale, NY.
      14772 Huxley St, Rosedale, NY 11422
      View Details
    • New
      $799,000
      2,500 SF

      Spacious Rosedale Duplex with Upside

      Large duplex in Rosedale with investment or owner-occupancy potential.
      14989 253Rd St, Rosedale, NY 11422
      View Details
    • New
      $1,199,990
      Pending

      Rosedale Detached Two-Family Home

      Detached two-family home in Rosedale, featuring a finished basement.
      246-11 Memphis Ave, Rosedale, NY 11422
      View Details
    • $1,200,000
      0.09 Acres

      Renovated Colonial Two-Family Home

      Renovated two-family Colonial in Rosedale, close to amenities.
      243-51 Caney Rd, Rosedale, NY 11422
      View Details
    • $1,449,000
      4,000 SF

      New Construction Two-Family Home

      New construction two-family home in Rosedale, Queens.
      258-14 147Th Rd, Rosedale, NY 11422
      View Details
    • $950,000
      0.07 Acres

      Two-Family Home in Rosedale, NY

      Charming two-family home with great potential in Rosedale, NY.
      255-29 149Th Rd, Rosedale, NY 11422
      View Details
    • $879,999
      Pending

      Rosedale Two-Family Home For Sale

      Income-producing two-family home in Rosedale, Queens on oversized lot.
      25519 148Th Ave, Rosedale, NY 11422
      View Details
    • New
      $1,495,000

      New Rosedale Two-Family Home

      New construction two-family home in Rosedale, Queens.
      259-70 148Th Ave, Rosedale, NY 11422
      View Details
    • $1,349,000
      0.14 Acres

      Renovated Two-Family in Rosedale

      Turn-key, renovated two-family home in Rosedale, move-in ready.
      14101 255Th St, Rosedale, NY 11422
      View Details
    • $1,199,000
      Pending

      Rosedale Duplex with Finished Basement

      Semi-attached 2-family home in Rosedale, featuring finished basement.
      25946 149Th Rd, Rosedale, NY 11422
      View Details
    • $869,990
      Pending

      Rosedale Legal Two-Family Home

      Legal two-family home in Rosedale, featuring 3/3 bedrooms.
      139-32 249Th St, Rosedale, NY 11422
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in Rosedale, Queens with income potential.
    Where is this duplex located?
    The property is located at 241-07 147Th Ave Rosedale, NY.
    What is the asking price?
    The asking price for this property is $959,000.
    What are key features of this property?
    This property features: - Income-producing two-family home in Rosedale, Queens, ideal for generating rental income.; - Finished basement with two bedrooms and a full bathroom.; - Two separate units, each with private entrance, living/dining areas, and **modern kitchens with updated appliances.**
    (347) 417-0705
    Request Owner's contact information
    241-07 147Th Ave Rosedale, NY 11422
    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.
    241-07 147Th Ave
    Rosedale, NY 11422
    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
    241-07 147Th Ave Rosedale, NY 11422
    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

    We can help!
    Listing Contact
    Annette Workman
    (347) 417-0705
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!