Renovated Two-Family
For Sale
$1,199,999
13515 Francis Lewis Blvd, Laurelton, NY 11413
Two three-bedroom residences are complemented by a finished basement, private driveway, garage, and outdoor yard space.
Property Size2,480 SF
Lot Size0.07 Acres
Price / SF$483.87
Days on Market11
Property Features for 13515 Francis Lewis Blvd
General Information
Standard status
Active
Size
2,480 SF
Lot size
0.07 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 3BR, 1 x 1BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,920
Amenities
garage
yard space
Building Details
Buildings
1
Listing Agency:
Keystone Realty USA Corp
(631) 261-2800
Listed By:
Gabriel Kashi · License #10401217533
(347) 419-5268
Source:
Exprealty
Added: Oct 27
Changed: Nov 4
Last Checked: Nov 4 at 2:49PM
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 Keystone Realty USA Corp
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Investment Insights
Based on property information with market context.
This 2,480-square-foot duplex contains two three-bedroom residences, each with an open living and dining area, a granite kitchen with custom cabinetry and stainless steel appliances, and spacious bedrooms. A finished, high-ceiling basement includes one bedroom. The 31-by-100-foot lot also has a private driveway, garage, and yard. Improvements include oak flooring, recessed lighting, and updated electrical, heating, and plumbing systems.
The property is in Laurelton, near Merrick Boulevard and the Belt Parkway. Schools, shopping centers, restaurants, cafes, parks, and JFK Airport are also identified among nearby amenities.
The property is in Laurelton, near Merrick Boulevard and the Belt Parkway. Schools, shopping centers, restaurants, cafes, parks, and JFK Airport are also identified among nearby amenities.
Key Highlights
- Two three‑bedroom residences plus a finished basement with one bedroom
- 2,480‑square‑foot duplex on a 31x100 lot
- Private driveway, garage, and yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,622
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,212,440
$1.2M
Cap Rate 7%
$866,029
$866.0K
Cap Rate 9%
$673,578
$673.6K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$114.6K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$110.2K $44.44/SF
− OpEx
−$49.6K −$20.00/SF
NOI
$60.6K $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%
$1,212,440
Cap Rate 7%
$866,029
Cap Rate 9%
$673,578
Alternative Uses
Best Use
Apartment 5plus
$866.0K
$757.8K – $1.01M
NOI $60,622 @ 7.0% cap · market cap 5.05%
Second Best
Multifamily LT 5
$586.4K
$513.1K – $684.1K
NOI $41,048 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,980 @ 7.0% cap · market cap 10.67%
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
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences are complemented by a finished basement, private driveway, garage, and outdoor yard space.
Where is this duplex located?
The property is located at 13515 Francis Lewis Blvd Laurelton, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two three‑bedroom residences plus a finished basement with one bedroom; 2,480‑square‑foot duplex on a 31x100 lot; Private driveway, garage, and yard
