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

    8414 Lefferts Blvd Kew Gardens, NY 11415

    View on Map
    Sponsored
    For Sale
    $1,590,000

    MULTI_FAMILY - Kew Gardens, NY

    Lot size:
    0.08 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 17 at 2:06 pm

    Property Features for 8414 Lefferts Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Dining Room, Basement
    APN
    09234-0012
    Parking
    4
    Parking features
    Garage, Open, Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Chandelier, Eat-in Kitchen, Entrance Foyer, Formal Dining, Pantry, Primary Bathroom, Quartz/Quartzite Counters, Recessed Lighting, Washer/Dryer Hookup
    Basement
    Walk-Out Access, Finished, Full
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard, Hot Water(Heating)
    Cooling system
    Multi Units, Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Yaakov Z. Richter

    Astor Brokerage Ltd. (718) 263-4500

    Listing agent Yaakov Z. Richter

    Listing date Mar 17, 2026

    MLS# 972441 Listing URL

    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

    Kew Gardens Two-Family Home

    This well-maintained brick two-family home is located in Kew Gardens. Each unit includes a large living room, a formal dining room, a renovated kitchen, three bedrooms with closets, a full updated bathroom, and a half bathroom in the primary bedroom. The ground floor provides additional living space, featuring a kitchen, a full bathroom, a family room, and a bedroom, with walkout patio doors that lead to a backyard. The property has a side-by-side two-car garage and driveway space for two additional cars. The lot size is 0.0758 acres. The location is near shopping, public transportation, houses of worship, the library, and Forest Park. This property presents an investment opportunity.
    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
    Kew Gardens
    County
    Queens
    State
    New York
    Longitude
    -73.832913
    Latitude
    40.703897

    Nearby Similar for Sale

    • $550,000
      Pending

      Kew Gardens Medical Office Condo

      Turnkey medical office condo in Kew Gardens, Queens for sale.
      8371 116Th St, Kew Gardens, NY 11418
      View Details
    • $1,299,000

      Renovated Multi-Family with Parking Garage

      Fully vacant, renovated multi-family home with parking in prime location.
      84-124 Austin St, Kew Gardens, NY 11415
      View Details
    • $1,099,000
      2,010 SF

      Kew Gardens Two-Family Residence

      Two-family home in Kew Gardens with strong rental potential.
      8424 129Th St, Kew Gardens, NY 11415
      View Details
    • $1,700,000
      1,918 SF

      Updated Duplex in Kew Gardens

      Two-family home with development potential near transportation.
      84-15 120Th St, Kew Gardens, NY 11415
      View Details
    • $1,172,500
      Pending

      Renovated Two-Family Home, Kew Gardens

      Two-family home with renovations, yard, driveway, and garage near amenities.
      8433 124Th St, Kew Gardens, NY 11415
      View Details
    • $1,988,000
      0.14 Acres

      Kew Gardens Multifamily House

      Nine-bedroom, six-bathroom house in Kew Gardens, Queens.
      127-22 Kew Gardens Rd, Kew Gardens, NY 11415
      View Details
    • $975,000
      1,500 SF

      Forest Park Mixed Use Condo

      Versatile Retail Medical Office Mixed Use Condo Residential 118-82 Metropolitan Avenue Kew Gardens
      118-82 Metropolitan Ave, Kew Gardens, NY 11415
      View Details
    • $1,285,000
      Pending

      Kew Gardens Detached Two-Family Home

      Detached two-family home with recent renovations on a generous lot.
      85-34 121St St, Kew Gardens, NY 11415
      View Details
    • $1,988,000
      3,600 SF

      Kew Gardens Duplex For Sale

      Nine-bedroom, six-bathroom duplex in Kew Gardens, Queens.
      127-22 Kew Gardens Rd, Kew Gardens, NY 11415
      View Details
    • $850,000

      Kew Gardens Modern Triplex

      Move-in ready triplex in Kew Gardens with modern amenities.
      8439 130Th St, Kew Gardens, NY 11415
      View Details
    • $1,590,000
      1,598 SF

      Kew Gardens Mixed-Use Gem

      Fully Vacant, 1,598 SF, 4BR
      84-124 Austin St, Kew Gardens, NY 11415
      View Details
    • $80,000

      Established Dry Cleaning Business Opportunity

      Long-standing dry cleaning business for sale in Kew Gardens.
      118 Metropolitan Ave, Kew Gardens, NY 11415
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in the heart of Kew Gardens.
    Where is this duplex located?
    The property is located at 8414 Lefferts Blvd Kew Gardens, NY.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: - Two-family home in desirable Kew Gardens, offering investment potential.; - Each unit features a renovated kitchen, three bedrooms, and updated bathrooms.; - Ground floor includes additional living space with a kitchen, full bathroom, family room, bedroom, and walkout patio.
    (347) 254-9633
    Request Owner's contact information
    8414 Lefferts Blvd Kew Gardens, NY 11415
    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.
    8414 Lefferts Blvd
    Kew Gardens, NY 11415
    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
    8414 Lefferts Blvd Kew Gardens, NY 11415
    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
    Yaakov Z. Richter
    (347) 254-9633
    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!