Duplex with Two Three-Bedroom
For Sale
$1,499,000
Pending
146-44 23rd Avenue, Whitestone, NY 11357
Detached residential property near public transportation, major highways, schools, shopping, and dining.
Property Size2,172 SF
Days on Market9
Property Features for 146-44 23rd Avenue
General Information
Standard status
Pending
Size
2,172 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,808
Amenities
Unfinished
2
No
Yes
6
First Floor Bedroom,First Floor Full Bath
Back Yard,Front Yard
Public
Driveway, Garage
Balcony
2172
Building Details
Building Size
2,172 SF
Year Built
1920
Listing Agency:
Douglas Elliman Real Estate
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:53PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
This detached duplex contains two 3-bedroom, 1-bathroom residences, one positioned above the other. The property totals 2,172 square feet and was built in 1920. Each unit has a first-floor bedroom and full bathroom, and the property also includes balconies, front and back yards, a driveway, and a garage.
Public transportation, major highways, schools, shopping, and dining are nearby.
Public transportation, major highways, schools, shopping, and dining are nearby.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 2,172 square feet across a detached two‑family property
- Driveway, garage, front yard, and back yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,093
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,061,860
$1.1M
Cap Rate 7%
$758,471
$758.5K
Cap Rate 9%
$589,922
$589.9K
Market Conditions
NOI Build-Up for 2,172 SF
Gross rent
$100.3K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.5K $44.44/SF
− OpEx
−$43.4K −$20.00/SF
NOI
$53.1K $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%
$1,061,860
Cap Rate 7%
$758,471
Cap Rate 9%
$589,922
Alternative Uses
Best Use
Apartment 5plus
$758.5K
$663.7K – $884.9K
NOI $53,093 @ 7.0% cap · market cap 3.54%
Second Best
Multifamily LT 5
$513.6K
$449.4K – $599.2K
NOI $35,950 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,086 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,344
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
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 - Detached residential property near public transportation, major highways, schools, shopping, and dining.
Where is this duplex located?
The property is located at 146-44 23rd Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 2,172 square feet across a detached two‑family property; Driveway, garage, front yard, and back yard
