Two-Family Brick
New
For Sale
$950,000
106-28 154th street, Jamaica, NY 11433
Residential Income, Jamaica, NY
Property Size1,710 SF
Price / SF$555.56
Days on Market2
Property Features for 106-28 154th street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2
Patio and Porch features
Patio
Interior features
Master Downstairs
Subdivision
Jamaica
Directions
GOOGLE MAPS
Standard status
Active
Size
1,710 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2345
Utilities
Heating system
Natural Gas, Steam
Water source
Public
Amenities
laundry room
backyard
Building Details
Year built
1910
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Brick
Listing Agency:
INSPIRED DREAM HOMEZ INC
(917) 335-4750
Listed By:
Denise Haughton
(718) 723-8167
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 9:06PM
MLS# 12014852
Copyright © 2026 My State 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 1,710-square-foot brick duplex has two residential units, with each level arranged with three bedrooms, one bathroom, a living room and a kitchen. Hardwood and tile flooring are listed among the interior finishes. A full basement provides two additional rooms and a laundry room; the property also includes a patio and backyard. The home was built in 1910 and has natural gas and steam heating.
The property is in Jamaica, Queens, near public transportation, schools and shopping. Jamaica Center is also nearby.
The property is in Jamaica, Queens, near public transportation, schools and shopping. Jamaica Center is also nearby.
Key Highlights
- Two residential levels, each with 3 bedrooms, 1 bathroom, a living room and a kitchen
- 1,710 square feet of building area
- Full basement with 2 rooms and a laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,800
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,000
$836.0K
Cap Rate 7%
$597,143
$597.1K
Cap Rate 9%
$464,444
$464.4K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$79.0K $46.20/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$76.0K $44.44/SF
− OpEx
−$34.2K −$20.00/SF
NOI
$41.8K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,000
Cap Rate 7%
$597,143
Cap Rate 9%
$464,444
Alternative Uses
Best Use
Apartment 5plus
$597.1K
$522.5K – $696.7K
NOI $41,800 @ 7.0% cap · market cap 4.40%
Second Best
Multifamily LT 5
$404.3K
$353.8K – $471.7K
NOI $28,303 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,244 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,968
Businesses Nearby
Explore this area
Business Placement
Demographics for 11433, NY
39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both levels offer three bedrooms, a full bath, a living room and a kitchen.
Where is this duplex located?
The property is located at 106-28 154th street Jamaica, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two residential levels, each with 3 bedrooms, 1 bathroom, a living room and a kitchen; 1,710 square feet of building area; Full basement with 2 rooms and a laundry room
