Two-Unit Brick
New
For Sale
$1,479,999
14518 106th Avenue, Jamaica, NY 11435
Separate entrances, private garages, and a full basement support distinct household access and practical storage.
Property Size2,424 SF
Price / SF$610.56
Days on Market2
Property Features for 14518 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
$3,500
Amenities
handicap-accessible entry
laundry area
First Floor Bedroom
First Floor Full Bath
ENERGY STAR Qualified Door(s)
Marble Counters
Open Kitchen
Soaking Tub
Building Details
Building Size
2,424 SF
Year Built
2026
Buildings
1
Stories
3
Units
2
Construction
all-brick
Listing Agency:
Accord Homes Realty
Listed By:
Hooshang Vaghari
(718) 657-5000
Source:
Georgemcknight
Added: Oct 23
Last Checked: Oct 23 at 5:38PM
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 Accord Homes Realty
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Investment Insights
Based on property information with market context.
This newly built duplex contains two units across three stories, with a total of 6 bedrooms and 6 bathrooms. The 2,424-square-foot building has a brick exterior, metal-stud construction, and a fire sprinkler system throughout. Each unit has its own entrance, and the property includes two private garages and a handicap-accessible entry. A full basement contains a laundry area, while a Navien combination system provides heating and hot water.
Completed in 2026, the building offers separate residential spaces within a single duplex property.
Completed in 2026, the building offers separate residential spaces within a single duplex property.
Key Highlights
- Two‑family duplex with 6 bedrooms and 6 bathrooms
- 2,424 square feet across three stories
- Brick exterior with 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 - Separate entrances, private garages, and a full basement support distinct household access and practical storage.
Where is this duplex located?
The property is located at 14518 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; 2,424 square feet across three stories; Brick exterior with metal‑stud construction
