Renovated Two-Unit
101-19 159th Avenue, Howard Beach, NY 11414
For Sale
$1,075,000
Residential Income, Howard Beach, NY
Property Size1,500 SF
Lot Size0.09 Acres
Price / SF$716.67
Days on Market49
Property Features for 101-19 159th Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Interior features
Fireplace
Basement
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Architectural style
Additional Structures
Buildings
Listing Agency:
Keller Williams Rlty Landmark · Keller Williams Realty
(718) 475-2700
Listed By:
Benjamin Timlichman · License NY #10301221443
(718) 551-7770
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 9 at 11:06AM
MLS# 1053889
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.
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Investment Insights
Based on property information with market context.
This 1920 Colonial is configured as a two-unit residence with approximately 1,500 square feet on a 40 x 100 lot. The first-floor unit includes two bedrooms, a living room with built-in fireplace, eat-in kitchen with island, custom walk-in closet, and private en-suite bath. The second-floor unit offers two bedrooms, a family room, kitchen, full bath, and walk-in closet. A finished basement adds a recreation room, full bath, laundry, utility room, and separate entrance.
Major building systems and finishes have been renovated, including the roof, windows, plumbing, electrical wiring, heating, insulation, sheetrock, flooring, kitchens, and bathrooms. The property has four full baths, separate gas and electric meters for each unit, public water and sewer, natural gas heating, and a two-car garage with parking for four cars.
The Howard Beach-JFK Airport A Train and AirTrain station is about 2 blocks away, with Q11 bus service at the corner. Jamaica Station is accessible by AirTrain, and the Belt Parkway is a few minutes away by car.
Major building systems and finishes have been renovated, including the roof, windows, plumbing, electrical wiring, heating, insulation, sheetrock, flooring, kitchens, and bathrooms. The property has four full baths, separate gas and electric meters for each unit, public water and sewer, natural gas heating, and a two-car garage with parking for four cars.
The Howard Beach-JFK Airport A Train and AirTrain station is about 2 blocks away, with Q11 bus service at the corner. Jamaica Station is accessible by AirTrain, and the Belt Parkway is a few minutes away by car.
Key Highlights
- Two‑unit Colonial with approximately 1,500 sq ft
- 40 x 100 lot with 0.0918 acres
- Four full baths and two kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,066
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
$741.3K
Cap Rate 7%
$529,514
$529.5K
Cap Rate 9%
$411,844
$411.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$57.6K $38.40/SF
− Vacancy
−$4.6K −$3.10/SF
EGI
$53.0K $35.30/SF
− OpEx
−$15.9K −$10.59/SF
NOI
$37.1K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
Cap Rate 7%
$529,514
Cap Rate 9%
$411,844
Alternative Uses
Best Use
Multifamily LT 5
$529.5K
$463.3K – $617.8K
NOI $37,066 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$523.8K
$458.3K – $611.1K
NOI $36,667 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M
NOI $77,407 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 11414, NY
27,320
Population
12,223
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
11,878
Density / Sq Mi
$98,209
Median Household Income
$66,162
Median Earnings
$1,991
Median Rent
$612,800
Median Home Value
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Market
Properties on Market for Duplexes in Howard Beach
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with separate utilities, two kitchens, finished basement space, and convenient transit access.
Where is this duplex located?
The property is located at 101-19 159th Avenue Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Two‑unit Colonial with approximately 1,500 sq ft; 40 x 100 lot with 0.0918 acres; Four full baths and two kitchens
