Two-Family Brick Duplex with
For Sale
$1,290,000
147-04 Coolidge Avenue, Briarwood, NY 11435
Two separate residential units offer matching two-bedroom layouts, each with a full bath and updated kitchen.
Property Size1,848 SF
Lot Size0.07 Acres
Days on Market8
Property Features for 147-04 Coolidge Avenue
General Information
Standard status
Active
Size
1,848 SF
Total Parking Spaces
4
Lot size
0.07 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,434
Building Details
Building Size
1,848 SF
Year Built
1950
Buildings
1
Construction
solid brick semi-detached
Listing Agency:
AAA Young Shuen Realty Inc
Listed By:
Hui Fang Chen · License #40CH0788536
(917) 681-7009
Source:
Barbieliteam
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 21 at 3:59AM
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 AAA Young Shuen Realty Inc
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Investment Insights
Based on property information with market context.
This 1950 brick semi-detached duplex is configured as a legal two-family property, with a separate-entry basement. Both floors have two bedrooms, a full bathroom, an updated kitchen, a formal dining room, and a living room. A detached two-car garage and two driveway parking spaces serve the property. The lot measures 32 x 100 feet.
The home is in Briarwood, within walking distance of the E and F trains at Briarwood station, local bus stops, and shopping and dining along Main Street, Union Turnpike, and Queens Boulevard. PS 117 and JHS 217 are four blocks away.
The home is in Briarwood, within walking distance of the E and F trains at Briarwood station, local bus stops, and shopping and dining along Main Street, Union Turnpike, and Queens Boulevard. PS 117 and JHS 217 are four blocks away.
Key Highlights
- Legal two‑family configuration with separate‑entry basement
- Two floors, each with two bedrooms, a full bath, updated kitchen, formal dining room, and living room
- Detached two‑car garage plus two driveway parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,173
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,460
$903.5K
Cap Rate 7%
$645,329
$645.3K
Cap Rate 9%
$501,922
$501.9K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$85.4K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$82.1K $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%
$903,460
Cap Rate 7%
$645,329
Cap Rate 9%
$501,922
Alternative Uses
Best Use
Apartment 5plus
$645.3K
$564.7K – $752.9K
NOI $45,173 @ 7.0% cap · market cap 3.50%
Second Best
Multifamily LT 5
$437.0K
$382.3K – $509.8K
NOI $30,587 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,366 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,048
Businesses Nearby
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Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
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 residential units offer matching two-bedroom layouts, each with a full bath and updated kitchen.
Where is this duplex located?
The property is located at 147-04 Coolidge Avenue Briarwood, NY.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Legal two‑family configuration with separate‑entry basement; Two floors, each with two bedrooms, a full bath, updated kitchen, formal dining room, and living room; Detached two‑car garage plus two driveway parking spaces
