Residential Income Property with
For Sale
$809,000
14645 182nd Street, Springfield Gardens, NY 11413
The Colonial-style property includes a finished full basement and a fenced backyard.
Property Size1,336 SF
Days on Market59
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Property Features for 14645 182nd Street
General Information
Standard status
Active
Size
1,336 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,759
Amenities
Natural Gas
Finished, Full
Fenced, Back Yard, Full
Driveway
Colonial
Building Details
Building Size
1,336 SF
Year Built
2005
Listing Agency:
Laffey Real Estate
Listed By:
Kay Mi Kyung M. Kwak SFR
(917) 673-8238
Source:
Evrealestate
Added: Aug 18
Changed: Oct 4
Last Checked: Oct 14 at 10:21PM
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 Laffey Real Estate
Investment Insights
Based on property information with market context.
Located at 14645 182nd Street in Springfield Gardens, this Colonial-style residential income property was built in 2005. Interior features include natural gas service and a finished full basement. Exterior improvements include a full fence around the backyard and a driveway.
Key Highlights
- Built in 2005
- Finished full basement
- Natural gas service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,658
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,160
$653.2K
Cap Rate 7%
$466,543
$466.5K
Cap Rate 9%
$362,867
$362.9K
Market Conditions
NOI Build-Up for 1,336 SF
Gross rent
$61.7K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$59.4K $44.44/SF
− OpEx
−$26.7K −$20.00/SF
NOI
$32.7K $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%
$653,160
Cap Rate 7%
$466,543
Cap Rate 9%
$362,867
Alternative Uses
Best Use
Apartment 5plus
$466.5K
$408.2K – $544.3K
NOI $32,658 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.9K
$861.8K – $1.15M
NOI $68,944 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The Colonial-style property includes a finished full basement and a fenced backyard.
Where is this residential income property located?
The property is located at 14645 182nd Street Springfield Gardens, NY.
What is the asking price?
The asking price for this property is $809,000.
What are key features of this property?
This property features: Built in 2005; Finished full basement; Natural gas service
