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Duplex with Finished Basement
For Sale
$749,000

13446 157th Street, Jamaica, NY 11434

Residential, Duplex, Jamaica, NY

Property Size1,238 SF
Lot Size0.06 Acres
Price / SF$605.01
Days on Market277

Property Features for 13446 157th Street

General Information

Property type Residential
Property subtype Duplex
Zoning R3-1
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 4
Interior features Central Air - Split, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Window Treatments
Basement Finished, Full
Subdivision Jamaica
Standard status Active
Size 1,238 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 4922

Building Details

Year built 1935
Floors in Building 2
Flooring type Hardwood
Roof type Asphalt
Architectural style Other
Listing Agency: Peerless Properties Corp.
Listed By: Richard Dinerman · License #35DIO767533
Added: Jan 13 Changed: Oct 17 Last Checked: Oct 17 at 9:06PM
MLS# 498338

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex property offers 1,238 square feet, with four bedrooms and four bathrooms. A finished basement adds interior space, while hardwood flooring and split-system central air are among the recorded features. The kitchen includes a dishwasher, dryer, microwave, refrigerator, and stove. Built in 1935, the property occupies a 0.0574-acre lot and is zoned R3-1.

Key Highlights

  • 1,238 square feet of property size
  • Four bedrooms and four bathrooms
  • Finished basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,262
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,240 $605.2K
Cap Rate 7%
$432,314 $432.3K
Cap Rate 9%
$336,244 $336.2K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$57.2K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$55.0K $44.44/SF
− OpEx
−$24.8K −$20.00/SF
NOI
$30.3K $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%
$605,240
Cap Rate 7%
$432,314
Cap Rate 9%
$336,244

Alternative Uses

Best Use
Apartment 5plus
$432.3K
$378.3K – $504.4K (±1% cap)
NOI $30,262 @ 7.0% cap · market cap 4.04%
Second Best
Multifamily LT 5
$292.7K
$256.1K – $341.5K (±1% cap)
NOI $20,491 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$912.7K
$798.6K – $1.06M (±1% cap)
NOI $63,887 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby

Demographics for 11434, NY

66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
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 - Four bedrooms, four bathrooms, and split-system central air condition the residence.
Where is this duplex located?
The property is located at 13446 157th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 1,238 square feet of property size; Four bedrooms and four bathrooms; Finished basement
More about this property
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