147-15 225th street, Springfield Gardens, NY 11413
MULTI_FAMILY - Other - Springfield Gardens, NY
- Added:
- Mar 11, 2026
- Days on Market:
- 115
- Last Refresh:
- Jul 3 at 5:06 am
Property Features for 147-15 225th street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 2
- Standard status
- Active
- Size
- 2,580 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7113
Utilities
- Heating system
- Hot Water(Heating), Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick, Aluminum
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Basdeo Ramsaroop (347) 744-1061
Listing office Crystal Homes Realty LLC 2nd Floor 132-10 Crossbay Blvd, Ozone Park, NY (347) 744-1061
Listing date Mar 11, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home built in 1965 featuring 6 bedrooms and 3 full baths
- Hardwood floors throughout with brick and aluminum exterior construction and an asphalt roof
- Separate boilers plus hot water tanks and meters for the two‑family setup
- Public water supply; natural gas baseboard/Hot Water heating
- Fully finished basement
- 19‑ft wide driveway for trucks, vans, and work vehicles
Overview
Set on a lot of about 0.0826 acres, the home includes a 19-foot wide driveway designed to accommodate trucks, vans, and work vehicles. The listing is located in Springfield Gardens and is described as convenient to highways and shopping, including Green Acres Mall, as well as schools, a place of worship, and nearby airports.
For buyers seeking a turn-key residential income property, the combination of recent remodeling, in-unit utility separation, and finished basement space supports everyday living needs for tenants. The wide driveway is an added practical feature for vehicle storage and tenant convenience, and the overall configuration is suited to maintaining two separate rental units with their own heating and hot water systems.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.2k | $46.20 |
| − Vacancy | −$4.5k | −$1.76 |
| EGI | $114.7k | $44.44 |
| − OpEx | −$51.6k | −$20.00 |
| NOI | $63.1k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield Gardens
- County
- Queens
- State
- New York
- Longitude
- -73.756652
- Latitude
- 40.658358
