Two-Family Duplex with
New
For Sale
$1,500,000
130-15 130th Street, South Ozone Park, NY 11420
The renovated rental apartment includes four bedrooms, two full bathrooms, private laundry, and a balcony.
Property Size3,173 SF
Lot Size0.15 Acres
Price / SF$472.74
Days on Market4
Property Features for 130-15 130th Street
General Information
Standard status
Active
Size
3,173 SF
Total Parking Spaces
2
Lot size
0.15 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Asking Price
$1,500,000
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,813
Amenities
porch
balcony
backyard
solar panels
laundry
summer kitchen
First Floor Bedroom
Ceiling Fan(s)
Washer/Dryer Hookup
Building Details
Building Size
3,173 SF
Year Built
1950
Buildings
1
Units
2
Listing Agency:
HomeSmart CrossIsland
Listed By:
Anthony Jones
(917) 407-0807
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 4:07AM
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 HomeSmart CrossIsland
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Investment Insights
Based on property information with market context.
This two-family property contains 3,173 square feet of living space on a 6,440-square-foot lot. The renovated rental apartment has four bedrooms, two full bathrooms, its own laundry, and a balcony. The owner's duplex offers two bedrooms, while the lower level spans nearly the home's full footprint and includes ceilings over 7 feet, a summer kitchen, two full bathrooms, and a separate entrance.
Outdoor and parking features include a first-floor porch, second-floor balcony, attached one-car garage, an additional parking space, and a backyard. The property also has solar panels with no outstanding loan or lease payment. The home is near the A train and close to JFK, the Van Wyck Expressway, and the Belt Parkway.
Outdoor and parking features include a first-floor porch, second-floor balcony, attached one-car garage, an additional parking space, and a backyard. The property also has solar panels with no outstanding loan or lease payment. The home is near the A train and close to JFK, the Van Wyck Expressway, and the Belt Parkway.
Key Highlights
- 3,173 square feet of living space on a 6,440‑square‑foot lot
- Renovated rental unit with 4 bedrooms, 2 full bathrooms, laundry, and balcony
- Owner's duplex has 2 bedrooms; lower level includes 2 full bathrooms and a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,562
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,551,240
$1.6M
Cap Rate 7%
$1,108,029
$1.1M
Cap Rate 9%
$861,800
$861.8K
Market Conditions
NOI Build-Up for 3,173 SF
Gross rent
$146.6K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$141.0K $44.44/SF
− OpEx
−$63.5K −$20.00/SF
NOI
$77.6K $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%
$1,551,240
Cap Rate 7%
$1,108,029
Cap Rate 9%
$861,800
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$969.5K – $1.29M
NOI $77,562 @ 7.0% cap · market cap 5.17%
Second Best
Multifamily LT 5
$750.3K
$656.5K – $875.3K
NOI $52,518 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,742 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,965
Businesses Nearby
Explore this area
Business Placement
Demographics for 11420, NY
47,383
Population
14,835
Households
3.2
Avg Household Size
40
Median Age
22%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
22,563
Density / Sq Mi
$98,584
Median Household Income
$45,571
Median Earnings
$2,032
Median Rent
$673,700
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
Frequently Asked Questions
What type of property is this?
Duplex - The renovated rental apartment includes four bedrooms, two full bathrooms, private laundry, and a balcony.
Where is this duplex located?
The property is located at 130-15 130th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,173 square feet of living space on a 6,440‑square‑foot lot; Renovated rental unit with 4 bedrooms, 2 full bathrooms, laundry, and balcony; Owner's duplex has 2 bedrooms; lower level includes 2 full bathrooms and a separate entrance
