Two-Family Duplex with Walk-Out
New
For Sale
$979,000
14515 130th Avenue, Jamaica, NY 11436
The two-floor residence has separate kitchens and distinct layouts, plus private parking and a backyard.
Property Size1,806 SF
Price / SF$542.08
Days on Market3
Property Features for 14515 130th Avenue
General Information
Standard status
Active
Size
1,806 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
needs TLC
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,707
Amenities
First Floor Bedroom
First Floor Full Bath
Formal Dining
Washer/Dryer Hookup
Building Details
Building Size
1,806 SF
Year Built
1955
Units
2
Construction
colonial
Listing Agency:
Keller Williams Rlty Landmark
Listed By:
Benjamin Timlichman · License #10301221443
(718) 551-7770
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 3:35PM
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 Keller Williams Rlty Landmark
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Investment Insights
Based on property information with market context.
This legal two-family duplex contains 1,806 square feet and was built in 1955. Across both residences are six bedrooms and two full bathrooms. The first floor has three bedrooms, a separate kitchen, dining room, and living room; the second floor offers three bedrooms in an open-concept layout. A full basement has a separate walk-out entrance. The property also includes a backyard and private parking.
The building will be delivered vacant with clear title. It needs updating, and conventional or FHA financing is indicated as available.
The building will be delivered vacant with clear title. It needs updating, and conventional or FHA financing is indicated as available.
Key Highlights
- Legal two‑family property with six bedrooms and two full bathrooms
- 1,806 square feet; built in 1955
- First floor includes three bedrooms, a separate kitchen, dining room, and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,147
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,940
$882.9K
Cap Rate 7%
$630,671
$630.7K
Cap Rate 9%
$490,522
$490.5K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$83.4K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$80.3K $44.44/SF
− OpEx
−$36.1K −$20.00/SF
NOI
$44.1K $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%
$882,940
Cap Rate 7%
$630,671
Cap Rate 9%
$490,522
Alternative Uses
Best Use
Apartment 5plus
$630.7K
$551.8K – $735.8K
NOI $44,147 @ 7.0% cap · market cap 4.51%
Second Best
Multifamily LT 5
$427.0K
$373.7K – $498.2K
NOI $29,892 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,198 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 11436, NY
20,620
Population
6,617
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
0.8 sq mi
ZIP Area
25,775
Density / Sq Mi
$86,104
Median Household Income
$42,386
Median Earnings
$2,079
Median Rent
$602,800
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 - The two-floor residence has separate kitchens and distinct layouts, plus private parking and a backyard.
Where is this duplex located?
The property is located at 14515 130th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Legal two‑family property with six bedrooms and two full bathrooms; 1,806 square feet; built in 1955; First floor includes three bedrooms, a separate kitchen, dining room, and living room
