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Duplex with Finished Basement
New
For Sale
$1,749,000
Pending

11126 177th Street, Jamaica, NY 11433

Two five-bedroom residences sit above a finished lower level with interior and exterior access.

Property Size5,000 SF
Lot Size0.11 Acres
Days on Market1

Property Features for 11126 177th Street

General Information

Standard status Pending
Size 5,000 SF
Lot size 0.11 Acres
Property subtype Residential Income

Units

Unit Mix 2 x 5BR/2BA
Multifamily Units 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $7,513

Amenities

Finished,Full
5
Yes
10
First Floor Bedroom,First Floor Full Bath,Chefs Kitchen,Granite Counters,Primary Bathroom,Master Downstairs,Recessed Lighting,Washer/Dryer Hookup
Finished, Full
Public
No
Garage, Private

Building Details

Year Built 2026
Buildings 1
Listing Agency:
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 31 Last Checked: Oct 31 at 2:27PM

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 Geralda Desir

Rey
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Investment Insights

Based on property information with market context.

This 2026-built duplex occupies a 50-by-100-foot lot and contains two five-bedroom, two-bathroom residences. Both units have open living and dining areas, granite kitchens with islands and stainless steel appliances, and primary suites with private bathrooms. The high-ceiling finished basement has both interior and exterior access. A private driveway, garage, and yard complete the property.

In Queens’ Addisleigh Park section, the property is near Merrick Boulevard, Murdock Avenue, Linden Boulevard, and Sayres Avenue. Schools, shopping centers, restaurants, cafes, and parks are also nearby.

Key Highlights

  • Two residences, each with 5 bedrooms and 2 bathrooms
  • 50‑by‑100‑foot lot
  • High‑ceiling finished basement with interior and exterior access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,222
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,444,440 $2.4M
Cap Rate 7%
$1,746,029 $1.7M
Cap Rate 9%
$1,358,022 $1.4M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$231.0K $46.20/SF
− Vacancy
−$8.8K −$1.76/SF
EGI
$222.2K $44.44/SF
− OpEx
−$100.0K −$20.00/SF
NOI
$122.2K $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%
$2,444,440
Cap Rate 7%
$1,746,029
Cap Rate 9%
$1,358,022

Alternative Uses

Best Use
Apartment 5plus
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,222 @ 7.0% cap · market cap 6.99%
Second Best
Multifamily LT 5
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,758 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$3.69M
$3.23M – $4.30M (±1% cap)
NOI $258,024 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,151
Businesses Nearby

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
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 five-bedroom residences sit above a finished lower level with interior and exterior access.
Where is this duplex located?
The property is located at 11126 177th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Two residences, each with 5 bedrooms and 2 bathrooms; 50‑by‑100‑foot lot; High‑ceiling finished basement with interior and exterior access
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