Two-Family Home with
For Sale
$729,999
13145 225th Street, Laurelton, NY 11413
A legal two-unit residence offers a finished lower level with its own entrance and a private backyard.
Property Size1,410 SF
Price / SF$517.73
Days on Market26
Property Features for 13145 225th Street
General Information
Standard status
Active
Size
1,410 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,915
Amenities
private backyard
First Floor Bedroom
First Floor Full Bath
Galley Type Kitchen
Natural Woodwork
Storage
Washer/Dryer Hookup
Building Details
Building Size
1,410 SF
Year Built
1935
Buildings
1
Units
2
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Angelique Lewis
(917) 678-4211
Source:
Croninreale
Added: Sep 29
Changed: Oct 23
Last Checked: Oct 23 at 5:34PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This 1,410-square-foot duplex, built in 1935, is configured as a legal two-family residence. The upper floor has two bedrooms and a full bathroom; the lower level includes another bedroom and bathroom, along with living space. Its finished lower level is accessed through a separate entrance. The layout can also be adapted for use as a single-family home, with three bedrooms and two bathrooms across the two levels.
A two-car garage and private backyard are additional features of the property.
A two-car garage and private backyard are additional features of the property.
Key Highlights
- Legal two‑family configuration in a 1,410‑square‑foot home
- Upper level has two bedrooms and one full bathroom
- Lower level includes one bedroom, one bathroom, living space, and a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,467
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,340
$689.3K
Cap Rate 7%
$492,386
$492.4K
Cap Rate 9%
$382,967
$383.0K
Market Conditions
NOI Build-Up for 1,410 SF
Gross rent
$65.1K $46.20/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$62.7K $44.44/SF
− OpEx
−$28.2K −$20.00/SF
NOI
$34.5K $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%
$689,340
Cap Rate 7%
$492,386
Cap Rate 9%
$382,967
Alternative Uses
Best Use
Apartment 5plus
$492.4K
$430.8K – $574.5K
NOI $34,467 @ 7.0% cap · market cap 4.72%
Second Best
Multifamily LT 5
$333.4K
$291.7K – $389.0K
NOI $23,338 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.04M
$909.5K – $1.21M
NOI $72,763 @ 7.0% cap · market cap 9.97%
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
Location Intelligence
Trade Area within ½ mile
1,301
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A legal two-unit residence offers a finished lower level with its own entrance and a private backyard.
Where is this duplex located?
The property is located at 13145 225th Street Laurelton, NY.
What is the asking price?
The asking price for this property is $729,999.
What are key features of this property?
This property features: Legal two‑family configuration in a 1,410‑square‑foot home; Upper level has two bedrooms and one full bathroom; Lower level includes one bedroom, one bathroom, living space, and a separate entrance
