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Duplex with Finished Basement
For Sale
$1,100,000

10914 142nd Street, Jamaica, NY 11435

Two apartments are complemented by finished lower-level space with a kitchen and full bathroom.

Property Size1,680 SF
Price / SF$654.76
Days on Market53

Property Features for 10914 142nd Street

General Information

Standard status Active
Size 1,680 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,576

Amenities

solar panels
First Floor Bedroom
First Floor Full Bath
Formal Dining
Open Kitchen

Building Details

Building Size 1,680 SF
Year Built 1970
Buildings 1
Units 2
Construction frame
Listing Agency: Family Homes Realty Group
Listed By: Roy Shalom · License #10491211507
Source: Clairedleone
Added: Sep 2 Changed: Oct 23 Last Checked: Oct 23 at 8:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Family Homes Realty Group

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Investment Insights

Based on property information with market context.

This 1,680-square-foot duplex is a semi-detached frame property built in 1970. Its two-apartment layout includes a three-bedroom, one-bathroom unit above a two-bedroom, one-bathroom unit. The finished basement adds two rooms, a kitchen, and a full bathroom. Solar panels and a private driveway are also part of the property.

Located at 10914 142nd Street in Jamaica, the property offers separate apartment configurations alongside additional finished basement space.

Key Highlights

  • Two apartments: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom
  • 1,680‑square‑foot semi‑detached frame property, built in 1970
  • Finished basement includes 2 additional rooms, a kitchen, and a full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,067
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,340 $821.3K
Cap Rate 7%
$586,671 $586.7K
Cap Rate 9%
$456,300 $456.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$77.6K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$74.7K $44.44/SF
− OpEx
−$33.6K −$20.00/SF
NOI
$41.1K $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%
$821,340
Cap Rate 7%
$586,671
Cap Rate 9%
$456,300

Alternative Uses

Best Use
Apartment 5plus
$586.7K
$513.3K – $684.5K (±1% cap)
NOI $41,067 @ 7.0% cap · market cap 3.73%
Second Best
Multifamily LT 5
$397.2K
$347.6K – $463.5K (±1% cap)
NOI $27,807 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,696 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,562
Businesses Nearby

Demographics for 11435, NY

58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
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

Frequently Asked Questions

What type of property is this?
Duplex - Two apartments are complemented by finished lower-level space with a kitchen and full bathroom.
Where is this duplex located?
The property is located at 10914 142nd Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two apartments: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom; 1,680‑square‑foot semi‑detached frame property, built in 1970; Finished basement includes 2 additional rooms, a kitchen, and a full bathroom
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