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Duplex with Finished Basement

131-10 142nd Street, Jamaica, NY 11436

For Sale
$1,575,000
Pending

The finished lower level includes a full bathroom and a dedicated laundry room.

Property Size2,700 SF
Lot Size0.08 Acres
Days on Market10

Property Features for 131-10 142nd Street

General Information

Standard status Pending
Size 2,700 SF
Lot size 0.08 Acres
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,116

Amenities

central air conditioning
fireplace
security cameras
finished basement
laundry room
jacuzzi tubs
Finished,Full
5
Yes
7
First Floor Bedroom,First Floor Full Bath,Bidet,Built-in Features,Ceiling Fan(s),Chandelier,Formal Dining,Natural Woodwork,Quartz/Quartzite Counters,Recessed Lighting,Soaking Tub,Sound System
Finished, Full
First Floor Bedroom,First Floor Full Bath,Bidet,Built-in Features,Ceiling Fan(s),Chandelier,Formal Dining,Natural Woodwork,Quartz/Quartzite Counters,Recessed Lighting,Soaking Tub,Sound System,Speaker
Public
No
Detached, Driveway, Electric Vehicle Charging Station(s), Private
2700

Building Details

Building Size 2,700 SF
Year Built 2026
Buildings 1
Listing Agency: Prestige Homes NY Inc
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 31 Changed: Nov 7 Last Checked: Nov 8 at 2:42PM

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 Prestige Homes NY Inc

Rey
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Investment Insights

Based on property information with market context.

This 2026-built duplex provides 2,700 square feet of living area, excluding the basement, with seven bedrooms and five bathrooms. The finished basement adds a full bathroom and a separate laundry room. Central air conditioning, a fireplace, and security cameras are among the property’s features; two bathrooms have jacuzzi tubs.

The home occupies a 40-by-90-foot lot and includes a driveway and an electric vehicle charging station. Interior details include chandeliers, recessed lighting, quartz or quartzite counters, and a sound system.

Key Highlights

  • 2,700 square feet of living area, excluding the basement
  • Seven bedrooms and five bathrooms, including two jacuzzi tubs
  • Finished basement with full bathroom and dedicated laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,719
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380 $1.3M
Cap Rate 7%
$953,129 $953.1K
Cap Rate 9%
$741,322 $741.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$103.7K $38.40/SF
− Vacancy
−$8.4K −$3.10/SF
EGI
$95.3K $35.30/SF
− OpEx
−$28.6K −$10.59/SF
NOI
$66.7K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380
Cap Rate 7%
$953,129
Cap Rate 9%
$741,322

Alternative Uses

Best Use
Multifamily LT 5
$953.1K
$834.0K – $1.11M (±1% cap)
NOI $66,719 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$942.9K
$825.0K – $1.10M (±1% cap)
NOI $66,000 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,333 @ 7.0% cap · market cap 8.85%
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

2,003
Businesses Nearby

Demographics for 11436, NY

20,620
Population
6,617
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
0.8 sq mi
ZIP Area
25,775
Density / Sq Mi
$86,104
Median Household Income
$42,386
Median Earnings
$2,079
Median Rent
$602,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Jamaica

Jul
Aug
Sep
Oct

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 - The finished lower level includes a full bathroom and a dedicated laundry room.
Where is this duplex located?
The property is located at 131-10 142nd Street Jamaica, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 2,700 square feet of living area, excluding the basement; Seven bedrooms and five bathrooms, including two jacuzzi tubs; Finished basement with full bathroom and dedicated laundry room
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