Three-Story
For Sale
$1,479,999
14516 106th Avenue, Jamaica, NY 11435
Two distinct unit entrances and private garages serve this two-family property, with laundry space in the basement.
Property Size2,424 SF
Price / SF$610.56
Days on Market39
Property Features for 14516 106th Avenue
General Information
Standard status
Active
Size
2,424 SF
Property subtype
Residential Income
Additional Details
Sprinkler System
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,798
Amenities
handicap-accessible entry
separate entrances
private garages
laundry area
Navien combination heating and hot water system
First Floor Bedroom
First Floor Full Bath
Marble Counters
Open Kitchen
Building Details
Building Size
2,424 SF
Year Built
2026
Buildings
1
Stories
3
Units
2
Construction
all-brick
Listed By:
Gail Leone
(914) 723-8228
Source:
Clairedleone
Added: Sep 16
Changed: Oct 23
Last Checked: Oct 23 at 4:50PM
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.
Completed in 2026, this three-level, two-family duplex contains 6 bedrooms and 6 bathrooms. The exterior is brick, with metal-stud construction and a fire sprinkler system throughout. Each unit has its own entrance, and the property includes two private garages and an accessible entry. A full basement provides a laundry area. Heating and hot water are supplied by a Navien combination system.
Key Highlights
- Two‑family duplex with 6 bedrooms and 6 bathrooms
- Three‑story building completed in 2026
- Brick exterior and metal‑stud construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,253
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,060
$1.2M
Cap Rate 7%
$846,471
$846.5K
Cap Rate 9%
$658,367
$658.4K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$112.0K $46.20/SF
− Vacancy
−$4.3K −$1.76/SF
EGI
$107.7K $44.44/SF
− OpEx
−$48.5K −$20.00/SF
NOI
$59.3K $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%
$1,185,060
Cap Rate 7%
$846,471
Cap Rate 9%
$658,367
Alternative Uses
Best Use
Apartment 5plus
$846.5K
$740.7K – $987.6K
NOI $59,253 @ 7.0% cap · market cap 4.00%
Second Best
Multifamily LT 5
$573.2K
$501.5K – $668.7K
NOI $40,121 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,090 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
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 distinct unit entrances and private garages serve this two-family property, with laundry space in the basement.
Where is this duplex located?
The property is located at 14516 106th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,479,999.
What are key features of this property?
This property features: Two‑family duplex with 6 bedrooms and 6 bathrooms; Three‑story building completed in 2026; Brick exterior and metal‑stud construction
