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Two-Family Duplex with Finished Attic
New
For Sale
$1,200,000

13147 134th Street, South Ozone Park, NY 11420

Separate boilers and hot-water tanks serve the two-family residence.

Property Size1,824 SF
Price / SF$657.89
Days on Market4

Property Features for 13147 134th Street

General Information

Standard status Active
Size 1,824 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,875

Amenities

Finished,Full,Walk-Out Access
4
Yes
7
First Floor Bedroom
Finished, Full, Walk-Out Access
Public
No
Driveway, Private
1824

Building Details

Building Size 1,824 SF
Year Built 1930
Listing Agency: Century 21 Professional Realty
Listed By: Sooyeon (Kelly) Moon
Source: Hedgestonehomes
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:00PM

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 Century 21 Professional Realty

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex has a finished attic and a full finished basement with walk-out access. Separate boilers and hot-water tanks are installed, and the residence has undergone recent updates. A private driveway provides on-site parking. Built in 1930, the property occupies a corner location at 13147 134th Street in South Ozone Park.

Nearby destinations identified include public transportation, schools, shopping, places of worship, Resorts World Casino, and JFK International Airport.

Key Highlights

  • Two‑family duplex on a corner property
  • Finished attic and full finished basement with walk‑out access
  • Separate boilers and hot‑water tanks

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,587
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$891,740 $891.7K
Cap Rate 7%
$636,957 $637.0K
Cap Rate 9%
$495,411 $495.4K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$84.3K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$81.1K $44.44/SF
− OpEx
−$36.5K −$20.00/SF
NOI
$44.6K $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%
$891,740
Cap Rate 7%
$636,957
Cap Rate 9%
$495,411

Alternative Uses

Best Use
Apartment 5plus
$637.0K
$557.3K – $743.1K (±1% cap)
NOI $44,587 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$431.3K
$377.4K – $503.2K (±1% cap)
NOI $30,190 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,127 @ 7.0% cap · market cap 7.84%
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

1,084
Businesses Nearby

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
View Realmo Analytics

Market

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 - Separate boilers and hot-water tanks serve the two-family residence.
Where is this duplex located?
The property is located at 13147 134th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑family duplex on a corner property; Finished attic and full finished basement with walk‑out access; Separate boilers and hot‑water tanks
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