Duplex with
For Sale
$1,100,000
Pending
115-33 158th Street, Jamaica, NY 11434
Two residential units offer hardwood floors and kitchen storage, with delivery planned in vacant condition.
Property Size3,000 SF
Days on Market9
Property Features for 115-33 158th Street
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,008
Amenities
Partial
3
No
Yes
6
First Floor Full Bath,Eat-in Kitchen,Open Kitchen,Pantry,Storage
Public
Driveway
Building Details
Year Built
1920
Listing Agency:
More Homes Realty
(516) 703-2918
Listed By:
Matthew Dubinsky
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 29
Last Checked: Oct 28 at 9:18AM
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 More Homes Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property in Jamaica, NY, contains 3,000 square feet and was built in 1920. Both units include hardwood flooring, an eat-in kitchen with pantry and storage, and a full bathroom on the first floor. A driveway serves the property, and it will be delivered vacant.
Schools, parks, shopping, and public transportation are among the surrounding area’s stated amenities.
Schools, parks, shopping, and public transportation are among the surrounding area’s stated amenities.
Key Highlights
- Two‑family property with 3,000 square feet
- Property will be delivered vacant
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,333
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
$1.5M
Cap Rate 7%
$1,047,614
$1.0M
Cap Rate 9%
$814,811
$814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $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%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 6.67%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K
NOI $49,655 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,814 @ 7.0% cap · market cap 14.07%
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
Location Intelligence
Trade Area within ½ mile
1,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer hardwood floors and kitchen storage, with delivery planned in vacant condition.
Where is this duplex located?
The property is located at 115-33 158th 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‑family property with 3,000 square feet; Property will be delivered vacant; Built in 1920
