Two-Family Home with
For Sale
$599,000
Pending
19401 Nashville Blvd, Queens, NY 11413
Two-family detached home with a two-car garage and driveway.
Property Size1,296 SF
Lot Size0.08 Acres
Days on Market309
Property Features for 19401 Nashville Blvd
General Information
Standard status
Pending
Size
1,296 SF
Lot size
0.08 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$6,056
Building Details
Building Size
1,296 SF
Year Built
1930
Units
2
Listing Agency:
GREAT SUCCESS REALTY INC
Listed By:
Shimon A. Matsui · License #31MA1011482
(718) 883-1800
Source:
Elliman
Added: Dec 3, 2025
Changed: Oct 5
Last Checked: Oct 7 at 2:22PM
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 GREAT SUCCESS REALTY INC
Investment Insights
Based on property information with market context.
This two-family detached home is located at 194-01 Nashville Blvd, Springfield Gardens, NY 11413. The lot size is 3,300 square feet and includes a private driveway and a two-car garage. The basement is full and finished, featuring a full bath and kitchen area, and is currently vacant. The first floor contains two bedrooms, a living room, a dining room, a full bath, and a kitchen. The tenant on the first floor is currently under eviction. The second floor includes one bedroom, a living room, a small dining area, a kitchen, and a bath. The second-floor tenant pays $1,200 per month and has no lease. This property is suitable for investors looking for a value-add opportunity.
Key Highlights
- Two‑family detached home ideal for investors
- Full, finished basement with full bath and kitchen area (vacant)
- Private driveway and 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,680
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,600
$633.6K
Cap Rate 7%
$452,571
$452.6K
Cap Rate 9%
$352,000
$352.0K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$59.9K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$57.6K $44.44/SF
− OpEx
−$25.9K −$20.00/SF
NOI
$31.7K $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%
$633,600
Cap Rate 7%
$452,571
Cap Rate 9%
$352,000
Alternative Uses
Best Use
Apartment 5plus
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 5.29%
Second Best
Multifamily LT 5
$306.4K
$268.1K – $357.5K
NOI $21,451 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$955.4K
$836.0K – $1.11M
NOI $66,880 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 11413, NY
42,978
Population
14,485
Households
3
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
3.0 sq mi
ZIP Area
14,326
Density / Sq Mi
$114,766
Median Household Income
$50,525
Median Earnings
$2,038
Median Rent
$631,700
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family detached home with a two-car garage and driveway.
Where is this duplex located?
The property is located at 19401 Nashville Blvd Queens, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑family detached home ideal for investors; Full, finished basement with full bath and kitchen area (vacant); Private driveway and **2‑car garage**
