Duplex with Private
147-53 Weller Lane, Queens, NY 11422
For Sale
$799,999
Five bedrooms, two full bathrooms, and separate entrances provide a flexible residential layout.
Property Size2,500 SF
Price / SF$319
Days on Market27
Property Features for 147-53 Weller Lane
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
private driveway
garage
front yard
private balcony
two separate entrances
Baseboard
Square Feet
No
1st Floor Bedrm, First Floor Full Bath, Public, Washer/Dryer Hookup
First Floor Bedroom, First Floor Full Bath, Washer/Dryer Hookup
1st Fl Master Bedroom, WD Hookup
Brick
Driveway, Garage
Building Details
Year Built
Listing Agency:
EXP Realty
Listed By:
Jayson Massay
(888) 276-0630
Source:
Compass
Added: Oct 12
Changed: Nov 6
Last Checked: Nov 6 at 3:29PM
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 EXP Realty
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Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains five bedrooms and two full bathrooms, including a first-floor bedroom and full bath. Two separate entrances serve the home. Exterior features include a private driveway, garage, front yard, and balcony; washer and dryer hookups are also available.
Brookville Park is approximately 2 minutes away, shopping is about 5 minutes away, and JFK Airport is approximately 15 minutes away. The property is in Rosedale, Queens.
Brookville Park is approximately 2 minutes away, shopping is about 5 minutes away, and JFK Airport is approximately 15 minutes away. The property is in Rosedale, Queens.
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.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
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
$629,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Queens, NY
Properties on Market for Duplexes in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Five bedrooms, two full bathrooms, and separate entrances provide a flexible residential layout.
Where is this duplex located?
The property is located at 147-53 Weller Lane Queens, 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
