Two-Family Duplex with
For Sale
$595,000
13723 249th Street, Rosedale, NY 11422
The residence transfers occupied and has a private driveway for off-street parking.
Property Size1,568 SF
Price / SF$379.46
Days on Market236
Property Features for 13723 249th Street
General Information
Standard status
Active
Size
1,568 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,164
Building Details
Building Size
1,568 SF
Year Built
1925
Buildings
1
Listing Agency:
NMG Properties Inc.
Listed By:
Natasha Green
(516) 887-0000
Source:
Nmgproperties
Added: Mar 8
Changed: Oct 30
Last Checked: Oct 30 at 2:08AM
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 NMG Properties Inc.
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Investment Insights
Based on property information with market context.
This 1,568-square-foot duplex in Rosedale was built in 1925 and is configured as a legal two-family home. The property includes a private driveway and will be delivered with occupants in place. The sale is as-is and cash only; access is limited to a drive-by, and occupants are not to be disturbed.
The home is on a dead-end block near Sunrise Highway and beside Green Acres Mall. Public transit and major transportation routes are also accessible from the property.
The home is on a dead-end block near Sunrise Highway and beside Green Acres Mall. Public transit and major transportation routes are also accessible from the property.
Key Highlights
- Legal two‑family configuration
- 1,568 square feet; built in 1925
- Private driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,329
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,580
$766.6K
Cap Rate 7%
$547,557
$547.6K
Cap Rate 9%
$425,878
$425.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$72.4K $46.20/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$69.7K $44.44/SF
− OpEx
−$31.4K −$20.00/SF
NOI
$38.3K $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%
$766,580
Cap Rate 7%
$547,557
Cap Rate 9%
$425,878
Alternative Uses
Best Use
Apartment 5plus
$547.6K
$479.1K – $638.8K
NOI $38,329 @ 7.0% cap · market cap 6.44%
Second Best
Multifamily LT 5
$370.8K
$324.4K – $432.6K
NOI $25,953 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,916 @ 7.0% cap · market cap 13.60%
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
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residence transfers occupied and has a private driveway for off-street parking.
Where is this duplex located?
The property is located at 13723 249th Street Rosedale, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Legal two‑family configuration; 1,568 square feet; built in 1925; Private driveway
