Duplex Property Near
New
For Sale
$1,291,000
14330 185th Street, Springfield Gardens, NY 11413
This two-family residence is a short walk from train service to Manhattan.
Property Size2,071 SF
Price / SF$623.37
Days on Market6
Property Features for 14330 185th Street
General Information
Standard status
Active
Size
2,071 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,169
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
2,071 SF
Year Built
1940
Units
2
Listing Agency:
World Prop Intl Sea to Sky
Listed By:
Matthew Hart · License #31HA1100930
(631) 961-4626
Source:
Georgemcknight
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:16PM
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 World Prop Intl Sea to Sky
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Investment Insights
Based on property information with market context.
Configured as a two-family property, this duplex offers a residential income format. The building dates to 1940 and contains 2,071 square feet.
Train service to Manhattan is a two-minute walk from the property, providing nearby rail access.
Train service to Manhattan is a two-minute walk from the property, providing nearby rail access.
Key Highlights
- Two‑family duplex
- 2,071 square feet
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,624
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,480
$1.0M
Cap Rate 7%
$723,200
$723.2K
Cap Rate 9%
$562,489
$562.5K
Market Conditions
NOI Build-Up for 2,071 SF
Gross rent
$95.7K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$92.0K $44.44/SF
− OpEx
−$41.4K −$20.00/SF
NOI
$50.6K $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%
$1,012,480
Cap Rate 7%
$723,200
Cap Rate 9%
$562,489
Alternative Uses
Best Use
Apartment 5plus
$723.2K
$632.8K – $843.7K
NOI $50,624 @ 7.0% cap · market cap 3.92%
Second Best
Multifamily LT 5
$489.7K
$428.5K – $571.3K
NOI $34,278 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,874 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
924
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - This two-family residence is a short walk from train service to Manhattan.
Where is this duplex located?
The property is located at 14330 185th Street Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $1,291,000.
What are key features of this property?
This property features: Two‑family duplex; 2,071 square feet; Built in 1940
