Duplex with Finished
For Sale
$1,200,000
14643 183rd Street, Springfield Gardens, NY 11413
Two residential levels offer matching three-bedroom layouts, complemented by a finished lower level with its own exterior entrance.
Property Size1,849 SF
Price / SF$648
Days on Market29
Property Features for 14643 183rd Street
General Information
Standard status
Active
Size
1,849 SF
Total Parking Spaces
4
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,985
Amenities
First Floor Bedroom
First Floor Full Bath
Granite Counters
Natural Woodwork
Washer/Dryer Hookup
Building Details
Building Size
1,849 SF
Year Built
2026
Units
2
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Montia Mowatt
(516) 737-8127
Source:
Clairedleone
Added: Sep 26
Changed: Oct 23
Last Checked: Oct 23 at 4:31PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
Built in 2026, this duplex has two residential floors, each arranged with three bedrooms and one full bathroom. The main living areas have an open layout with granite countertops and stainless steel appliances. A washer and dryer are installed, and the home includes energy-efficient equipment and systems.
The finished basement adds another bathroom and has an exterior entrance. Outside, a finished private driveway provides off-street parking. The property measures 1,849 square feet.
The finished basement adds another bathroom and has an exterior entrance. Outside, a finished private driveway provides off-street parking. The property measures 1,849 square feet.
Key Highlights
- 2026 construction
- 1,849 square feet
- Two residential floors, each with 3 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,198
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,960
$904.0K
Cap Rate 7%
$645,686
$645.7K
Cap Rate 9%
$502,200
$502.2K
Market Conditions
NOI Build-Up for 1,849 SF
Gross rent
$85.4K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$82.2K $44.44/SF
− OpEx
−$37.0K −$20.00/SF
NOI
$45.2K $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%
$903,960
Cap Rate 7%
$645,686
Cap Rate 9%
$502,200
Alternative Uses
Best Use
Apartment 5plus
$645.7K
$565.0K – $753.3K
NOI $45,198 @ 7.0% cap · market cap 3.77%
Second Best
Multifamily LT 5
$437.2K
$382.6K – $510.1K
NOI $30,604 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,417 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,375
Businesses Nearby
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Business Placement
Demographics for 11413, NY
42,978
Population
14,485
Households
3
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
3.0 sq mi
ZIP Area
14,326
Density / Sq Mi
$114,766
Median Household Income
$50,525
Median Earnings
$2,038
Median Rent
$631,700
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 - Two residential levels offer matching three-bedroom layouts, complemented by a finished lower level with its own exterior entrance.
Where is this duplex located?
The property is located at 14643 183rd Street Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2026 construction; 1,849 square feet; Two residential floors, each with 3 bedrooms and 1 full bathroom
