Detached Duplex with
For Sale
$1,150,000
146-25 177 st, Jamaica, NY 11434
Residential Income, Jamaica, NY
Property Size3,216 SF
Lot Size0.10 Acres
Price / SF$357.59
Days on Market50
Property Features for 146-25 177 st
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Laundry Room, Bedroom 5, Bedroom 1
Interior features
Entrance Foyer, Master Downstairs
Subdivision
Jamaica
Standard status
Active
Size
3,216 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
7272
Utilities
Heating system
Natural Gas, Steam
Building Details
Year built
1940
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Vinyl Siding, Brick
Listing Agency:
Novex Realty Inc.
(718) 343-3485
Listed By:
Eli Arshadnia
(718) 343-3485
Added: Jul 13
Changed: Aug 27
Last Checked: Aug 31 at 5:06AM
MLS# 11883593
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully detached duplex offers 3,216 square feet across a two-family residential layout. The home contains six bedrooms and three bathrooms, with an entrance foyer, a downstairs primary bedroom, hardwood and tile flooring, and a combination of vinyl siding and brick exterior materials. Natural gas and steam heating serve the property, which was built in 1940 and has been renovated.
The 0.0965-acre parcel includes a large driveway and yard. The property is located at 146-25 177 St in Jamaica, NY 11434, with shopping and major highways nearby. Its two-family configuration also provides an additional unit that may support rental income, subject to applicable requirements.
The 0.0965-acre parcel includes a large driveway and yard. The property is located at 146-25 177 St in Jamaica, NY 11434, with shopping and major highways nearby. Its two-family configuration also provides an additional unit that may support rental income, subject to applicable requirements.
Key Highlights
- Two‑family duplex with 3,216 square feet
- Six bedrooms and three bathrooms
- Fully detached home on a 0.0965‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,613
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,572,260
$1.6M
Cap Rate 7%
$1,123,043
$1.1M
Cap Rate 9%
$873,478
$873.5K
Market Conditions
NOI Build-Up for 3,216 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$148.6K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$142.9K $44.44/SF
− OpEx
−$64.3K −$20.00/SF
NOI
$78.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,572,260
Cap Rate 7%
$1,123,043
Cap Rate 9%
$873,478
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$982.7K – $1.31M
NOI $78,613 @ 7.0% cap · market cap 6.84%
Second Best
Multifamily LT 5
$760.4K
$665.4K – $887.2K
NOI $53,230 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$2.37M
$2.07M – $2.77M
NOI $165,961 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,473
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated two-family residence with driveway, yard space, and access to shopping and major highways.
Where is this duplex located?
The property is located at 146-25 177 st Jamaica, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑family duplex with 3,216 square feet; Six bedrooms and three bathrooms; Fully detached home on a 0.0965‑acre lot
