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Two-Family Duplex with Walk-Out Basement
For Sale
$1,485,555

14320 182nd Place, Springfield Gardens, NY 11413

Separate heating and cooling systems serve each floor, with a private driveway and EV charging hookup.

Property Size4,500 SF
Price / SF$330.12
Days on Market10

Property Features for 14320 182nd Place

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,629

Amenities

EV charging station hook-up
Finished,Full,Walk-Out Access
Hardwood
4
Yes
8
First Floor Bedroom,First Floor Full Bath,Beamed Ceilings,Breakfast Bar,Built-in Features,Chefs Kitchen,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Open Kitchen
Finished, Full, Walk-Out Access
First Floor Bedroom,First Floor Full Bath,Beamed Ceilings,Breakfast Bar,Built-in Features,Chefs Kitchen,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Open Kitchen,
Public
No
Driveway, Electric Vehicle Charging Station(s)
4500

Building Details

Building Size 4,500 SF
Year Built 1925
Listing Agency: Exit Realty All City
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 20 Changed: Oct 29 Last Checked: Oct 28 at 8:31AM

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 Exit Realty All City

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-family duplex offers 8 bedrooms and 5 full bathrooms across two floors, each measuring approximately 1,500 square feet. Open-plan living areas include large kitchens with built-in LED lighting, while hardwood doors and finishes feature throughout. Separate split-system heating and cooling serve each floor. A full-length basement has two separate entrances and walk-out access.

The property includes private parking for 4 vehicles and an EV charging station hookup. JFK Airport is approximately 5 minutes away, with shopping, dining, schools, and major transportation also noted in the surrounding area.

Key Highlights

  • Legal two‑family property with 8 bedrooms and 5 full bathrooms
  • Two floors of approximately 1,500 square feet each
  • Full‑length basement with two entrances and walk‑out access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,000
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000 $2.2M
Cap Rate 7%
$1,571,429 $1.6M
Cap Rate 9%
$1,222,222 $1.2M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$207.9K $46.20/SF
− Vacancy
−$7.9K −$1.76/SF
EGI
$200.0K $44.44/SF
− OpEx
−$90.0K −$20.00/SF
NOI
$110.0K $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%
$2,200,000
Cap Rate 7%
$1,571,429
Cap Rate 9%
$1,222,222

Alternative Uses

Best Use
Apartment 5plus
$1.57M
$1.38M – $1.83M (±1% cap)
NOI $110,000 @ 7.0% cap · market cap 7.40%
Second Best
Multifamily LT 5
$1.06M
$931.0K – $1.24M (±1% cap)
NOI $74,482 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M (±1% cap)
NOI $232,222 @ 7.0% cap · market cap 15.63%
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

Location Intelligence

Trade Area within ½ mile

1,070
Businesses Nearby

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
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 - Separate heating and cooling systems serve each floor, with a private driveway and EV charging hookup.
Where is this duplex located?
The property is located at 14320 182nd Place Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $1,485,555.
What are key features of this property?
This property features: Legal two‑family property with 8 bedrooms and 5 full bathrooms; Two floors of approximately 1,500 square feet each; Full‑length basement with two entrances and walk‑out access
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