Five-Bedroom Duplex with
For Sale
$799,999
147- 53 Weller Lane, Rosedale, NY 11422
Two separate entrances and a private driveway add practical flexibility to the property's residential layout.
Property Size2,500 SF
Price / SF$319
Days on Market18
Property Features for 147- 53 Weller Lane
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,800
Amenities
balcony
Building Details
Building Size
2,500 SF
Year Built
1965
Listing Agency:
NMG Properties Inc.
Listed By:
Natasha Green
(516) 887-0000
Source:
Nmgproperties
Added: Oct 13
Changed: Oct 30
Last Checked: Oct 30 at 2:11AM
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 NMG Properties Inc.
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Investment Insights
Based on property information with market context.
This 1965-built duplex in Rosedale offers five bedrooms and two full bathrooms. The property includes two separate entrances, a private driveway, a garage, a front yard, and a private balcony, providing a range of indoor and outdoor features within one residential property.
Brookville Park is approximately two minutes away, shopping is about five minutes away, and JFK Airport is approximately 15 minutes away.
Brookville Park is approximately two minutes away, shopping is about five minutes away, and JFK Airport is approximately 15 minutes away.
Key Highlights
- Five bedrooms and two full bathrooms
- Two separate entrances
- Private driveway and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,111
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,222,220
$1.2M
Cap Rate 7%
$873,014
$873.0K
Cap Rate 9%
$679,011
$679.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$115.5K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$111.1K $44.44/SF
− OpEx
−$50.0K −$20.00/SF
NOI
$61.1K $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%
$1,222,220
Cap Rate 7%
$873,014
Cap Rate 9%
$679,011
Alternative Uses
Best Use
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 7.64%
Second Best
Multifamily LT 5
$591.1K
$517.2K – $689.7K
NOI $41,379 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,012 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
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Business Placement
Demographics for 11422, NY
32,839
Population
10,694
Households
3.1
Avg Household Size
41
Median Age
33%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
15,638
Density / Sq Mi
$108,519
Median Household Income
$51,788
Median Earnings
$2,327
Median Rent
$629,100
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 separate entrances and a private driveway add practical flexibility to the property's residential layout.
Where is this duplex located?
The property is located at 147- 53 Weller Lane Rosedale, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Five bedrooms and two full bathrooms; Two separate entrances; Private driveway and garage
