Two-Unit Duplex with Updated
For Sale
$1,085,000
142 Green Street, Valley Stream, NY 11580
Two legal residential units combine renovated kitchens, a full basement, and garage parking for up to four vehicles.
Property Size1,800 SF
Lot Size0.11 Acres
Price / SF$602.78
Days on Market35
Property Features for 142 Green Street
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
4
Lot size
0.11 Acres
Property subtype
Residential Income
Site & Location
Neighborhood
Central Valley Stream
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,641
Amenities
First Floor Bedroom
First Floor Full Bath
Breakfast Bar
Eat-in Kitchen
High Ceilings
Pantry
Primary Bathroom
Master Downstairs
Quartz/Quartzite Counters
Building Details
Building Size
1,800 SF
Year Built
1949
Buildings
1
Units
2
Construction
frame
Listed By:
Gail Leone
(914) 723-8228
Source:
Clairedleone
Added: Sep 20
Changed: Oct 23
Last Checked: Oct 23 at 5:16PM
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 Gail Leone
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Investment Insights
Based on property information with market context.
This attached, legal two-family home contains two 2-bedroom, 1-bath units. Renovated kitchens feature breakfast bars, pantries, and quartz or quartzite countertops; hardwood floors and high ceilings extend throughout. Recent improvements include new plumbing, 200-amp electrical rewiring, and PVC fencing. A full basement provides storage and a laundry area with a gas dryer hookup. The first-floor unit also has its own washer and dryer, plus an added sunroom/den connected to the garage. Both units include a range/oven, refrigerator, and over-the-range microwave.
Built in 1949, the frame home has vinyl siding and sits on a 4,700-square-foot lot. A 2-car garage and additional parking accommodate up to four vehicles. The property has public water and sewer service and is just off Elm Street, within Valley Stream School District 30 and zoned for Clearstream Avenue Elementary. Shopping, dining, parks, and transportation into NYC are nearby. The property is being sold as is.
Built in 1949, the frame home has vinyl siding and sits on a 4,700-square-foot lot. A 2-car garage and additional parking accommodate up to four vehicles. The property has public water and sewer service and is just off Elm Street, within Valley Stream School District 30 and zoned for Clearstream Avenue Elementary. Shopping, dining, parks, and transportation into NYC are nearby. The property is being sold as is.
Key Highlights
- Two legal units, each with 2 bedrooms and 1 bathroom
- Renovated kitchens with breakfast bars, pantries, and quartz or quartzite countertops
- New plumbing and 200‑amp electrical rewiring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,292
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,840
$685.8K
Cap Rate 7%
$489,886
$489.9K
Cap Rate 9%
$381,022
$381.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$51.8K $28.80/SF
− Vacancy
−$2.9K −$1.58/SF
EGI
$49.0K $27.22/SF
− OpEx
−$14.7K −$8.16/SF
NOI
$34.3K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,840
Cap Rate 7%
$489,886
Cap Rate 9%
$381,022
Alternative Uses
Best Use
Multifamily LT 5
$489.9K
$428.7K – $571.5K
NOI $34,292 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$458.7K
$401.3K – $535.1K
NOI $32,107 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,309 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 11580, NY
43,026
Population
13,582
Households
3.2
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
11,032
Density / Sq Mi
$135,385
Median Household Income
$56,417
Median Earnings
$1,852
Median Rent
$602,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two legal residential units combine renovated kitchens, a full basement, and garage parking for up to four vehicles.
Where is this duplex located?
The property is located at 142 Green Street Valley Stream, NY.
What is the asking price?
The asking price for this property is $1,085,000.
What are key features of this property?
This property features: Two legal units, each with 2 bedrooms and 1 bathroom; Renovated kitchens with breakfast bars, pantries, and quartz or quartzite countertops; New plumbing and 200‑amp electrical rewiring
