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Three-Unit Residential Property
New
For Sale
$1,200,000

13322 233rd Street, Rosedale, NY 11422

A six-bedroom layout across three residences includes private garage parking and outdoor space.

Property Size2,750 SF
Price / SF$436.36
Days on Market4

Property Features for 13322 233rd Street

General Information

Standard status Active
Size 2,750 SF
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,221

Amenities

Original Details

Building Details

Building Size 2,750 SF
Year Built 1930
Units 3
Listing Agency: Century Homes Realty Group LLC
Listed By: Khalid Rafey · License #10301212671
Source: Georgemcknight
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 26 at 4:06AM

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 Homes Realty Group LLC

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Investment Insights

Based on property information with market context.

This three-unit residential property contains 2,750 square feet, with six bedrooms and four bathrooms across its residences. The building dates to 1930 and includes private garage parking. Outdoor space is also part of the property, alongside a layout with three separate units.

Key Highlights

  • Three residential units
  • 2,750 square feet with 6 bedrooms and 4 bathrooms
  • Built in 1930

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,222
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,440 $1.3M
Cap Rate 7%
$960,314 $960.3K
Cap Rate 9%
$746,911 $746.9K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$127.1K $46.20/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$122.2K $44.44/SF
− OpEx
−$55.0K −$20.00/SF
NOI
$67.2K $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%
$1,344,440
Cap Rate 7%
$960,314
Cap Rate 9%
$746,911

Alternative Uses

Best Use
Apartment 5plus
$960.3K
$840.3K – $1.12M (±1% cap)
NOI $67,222 @ 7.0% cap · market cap 5.60%
Second Best
Multifamily LT 5
$650.2K
$569.0K – $758.6K (±1% cap)
NOI $45,517 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M (±1% cap)
NOI $141,913 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby

Demographics for 11422, NY

32,839
Population
10,694
Households
3.1
Avg Household Size
41
Median Age
33%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
15,638
Density / Sq Mi
$108,519
Median Household Income
$51,788
Median Earnings
$2,327
Median Rent
$629,100
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?
Triplex - A six-bedroom layout across three residences includes private garage parking and outdoor space.
Where is this triplex located?
The property is located at 13322 233rd Street Rosedale, 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: Three residential units; 2,750 square feet with 6 bedrooms and 4 bathrooms; Built in 1930
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