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Detached Two-Family Home with Garage
New
For Sale
$1,100,000
Pending

14527 Guy R Brewer Boulevard, Springfield Gardens, NY 11434

Two separate residences offer distinct layouts, with a finished basement and private outdoor space adding flexibility.

Property Size1,324 SF
Days on Market4

Property Features for 14527 Guy R Brewer Boulevard

General Information

Standard status Pending
Size 1,324 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,899

Amenities

central A/C
security system
private backyard
garage
storage shed
laundry area
Finished,Full,Storage Space,Walk-Out Access
Hardwood,Tile
4
Yes
5
Double Pane Windows,Screens
First Floor Bedroom,First Floor Full Bath,Ceiling Fan(s),Eat-in Kitchen,Granite Counters,High Speed Internet,Pantry,Primary Bathroom,Recessed Lighting,Smart Thermostat,Storage,Walk Through Kitchen
Finished, Full, Storage Space, Walk-Out Access
First Floor Bedroom,First Floor Full Bath,Ceiling Fan(s),Eat-in Kitchen,Granite Counters,High Speed Internet,Pantry,Primary Bathroom,Recessed Lighting,Smart Thermostat,Storage,Walk Through Kitchen,Wa
No
Back Yard,Front Yard
Public
Compressor,Intercom
Driveway, Garage, Off Street, Private
Garden,Mailbox,Rain Gutters
1324

Building Details

Building Size 1,324 SF
Year Built 1925
Buildings 1
Stories 3
Listing Agency: Keller Williams Realty Greater
Listed By: Matthew Dubinsky
Source: Hedgestonehomes
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 2:58PM

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 Realty Greater

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 detached legal two-family property in Springfield Gardens has a three-bedroom, two-bath first-floor residence and a second unit arranged across the upper floors. The upper residence includes two bedrooms, a full bath, kitchen and dining area, with a separate living room on the third floor. A finished basement with a full bath, storage room, and side entrance adds usable interior space. The property also includes a four-car garage, driveway parking, a storage shed, and a fenced backyard.

Local bus service, Green Acres Mall, highways, and JFK Airport are identified as nearby access points. The property is offered as-is.

Key Highlights

  • Legal two‑family property with separate residences
  • First‑floor unit has 3 bedrooms and 2 full bathrooms
  • Upper unit includes 2 bedrooms and a separate third‑floor living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,364
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,280 $647.3K
Cap Rate 7%
$462,343 $462.3K
Cap Rate 9%
$359,600 $359.6K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$61.2K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$58.8K $44.44/SF
− OpEx
−$26.5K −$20.00/SF
NOI
$32.4K $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%
$647,280
Cap Rate 7%
$462,343
Cap Rate 9%
$359,600

Alternative Uses

Best Use
Apartment 5plus
$462.3K
$404.6K – $539.4K (±1% cap)
NOI $32,364 @ 7.0% cap · market cap 2.94%
Second Best
Multifamily LT 5
$313.1K
$273.9K – $365.2K (±1% cap)
NOI $21,914 @ 7.0% cap · market cap 1.99%
Theoretical Best
Office A
$976.1K
$854.1K – $1.14M (±1% cap)
NOI $68,325 @ 7.0% cap · market cap 6.21%
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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,638
Businesses Nearby

Demographics for 11434, NY

66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
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 - Two separate residences offer distinct layouts, with a finished basement and private outdoor space adding flexibility.
Where is this duplex located?
The property is located at 14527 Guy R Brewer Boulevard Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Legal two‑family property with separate residences; First‑floor unit has 3 bedrooms and 2 full bathrooms; Upper unit includes 2 bedrooms and a separate third‑floor living room
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Includes: Price & PSF · Cap rate · Location · Zoning

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