Two-Family Home with Finished
For Sale
$1,100,000
14538 Tuskegee Airmen Way, Queens, NY 11435
Legal two-family home with a finished attic and garage.
Property Size2,610 SF
Lot Size0.06 Acres
Days on Market325
Property Features for 14538 Tuskegee Airmen Way
General Information
Standard status
Active
Size
2,610 SF
Lot size
0.06 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$6,963
Building Details
Building Size
2,610 SF
Year Built
1910
Units
2
Listed By:
Robert Bretscher
(718) 845-8877
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 2
Last Checked: Oct 16 at 9:44AM
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 Robert Bretscher
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Investment Insights
Based on property information with market context.
This is a legal two-family property featuring a finished attic with two additional bedrooms. The property includes a detached one-car garage and will be delivered vacant.
Key Highlights
- Legal 2 family
- Finished attic with 2 additional bedrooms
- Delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,800
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,000
$1.3M
Cap Rate 7%
$911,429
$911.4K
Cap Rate 9%
$708,889
$708.9K
Market Conditions
NOI Build-Up for 2,610 SF
Gross rent
$120.6K $46.20/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$116.0K $44.44/SF
− OpEx
−$52.2K −$20.00/SF
NOI
$63.8K $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%
$1,276,000
Cap Rate 7%
$911,429
Cap Rate 9%
$708,889
Alternative Uses
Best Use
Apartment 5plus
$911.4K
$797.5K – $1.06M
NOI $63,800 @ 7.0% cap · market cap 5.80%
Second Best
Multifamily LT 5
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,689 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,748
Businesses Nearby
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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 - Legal two-family home with a finished attic and garage.
Where is this duplex located?
The property is located at 14538 Tuskegee Airmen Way Queens, 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 2 family; Finished attic with **2 additional bedrooms**; Delivered vacant
