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Two-Family Colonial Duplex
For Sale
$949,000

248-55 88th Road, Bellerose, NY 11426

Residential Income, Bellerose, NY

Property SizeContact for details
Lot Size0.10 Acres
Days on Market170

Property Features for 248-55 88th Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 4
Parking features Driveway
Interior features Eat-in Kitchen, Natural Woodwork
Basement Full, Finished
Lot features Back Yard, Front Yard
Elementary school Ps 133
Middle school Irwin Altman Middle School 172
High school Martin Van Buren High School
Elementary school district Queens 26
Middle school district Queens 26
High school district Queens 26
Directions USE GPS
Standard status Active
APN 08639-0075
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7051

Utilities

Sewer type Public Sewer
Heating system Steam
Cooling system Multi Units
Water source Public

Amenities

finished basement
fenced yard
backyard

Building Details

Year built 1925
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Affordable Realty Corp
Listed By: Nazim K. Mohamed · License #31MO0775980
Added: Apr 6 Changed: Sep 13 Last Checked: Sep 22 at 2:06PM
MLS# 981203

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 two-family Colonial duplex at 248-55 88th Road includes four bedrooms and three full bathrooms. The residence features hardwood flooring, an eat-in kitchen, natural woodwork, and a full finished basement with a walkout exterior entrance. Frame construction dates to 1925, with steam heating, multi-unit cooling, and public water and sewer service.

The property occupies a 0.1049-acre lot with a private driveway and fenced yard. Shopping, schools, parks, restaurants, banks, and public transportation are nearby, while Cross Island Parkway, Jericho Turnpike, Little Neck Parkway, USB Arena, Long Island Rail Road, and the airport provide additional area connections.

Key Highlights

  • Two‑family duplex with four bedrooms and three full bathrooms
  • Full finished basement with walkout exterior entrance
  • 0.1049‑acre lot with private driveway and fenced yard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm Clothing & Fashion Store Florist Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,560
Businesses Nearby

Demographics for 11426, NY

19,343
Population
6,813
Households
2.8
Avg Household Size
43
Median Age
44%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
13,816
Density / Sq Mi
$107,591
Median Household Income
$57,622
Median Earnings
$2,158
Median Rent
$676,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Colonial duplex with a finished basement, private driveway, and fenced outdoor space.
Where is this duplex located?
The property is located at 248-55 88th Road Bellerose, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Two‑family duplex with four bedrooms and three full bathrooms; Full finished basement with walkout exterior entrance; 0.1049‑acre lot with private driveway and fenced yard
More about this property
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