Duplex with Detached
For Sale
$963,000
14768 259th Street, Rosedale, NY 11422
Two side-by-side residences have distinct entrances and a finished lower level with rear access.
Property Size1,464 SF
Price / SF$657.79
Days on Market256
Property Features for 14768 259th Street
General Information
Standard status
Active
Size
1,464 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,928
Amenities
finished lower level
private side yard entrance
paved outdoor areas
fully detached garage
Building Details
Building Size
1,464 SF
Year Built
2006
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Claudia Barnes
(888) 276-0630
Source:
Nmgproperties
Added: Feb 17
Changed: Oct 31
Last Checked: Oct 31 at 2:18PM
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 2006, this 1,464-square-foot duplex contains two side-by-side residences, each with its own front entrance. One unit has three bedrooms and two bathrooms; the other has two bedrooms and one bathroom. A finished lower level with rear access adds usable interior space. Outdoor features include a private side yard entrance and paved areas, along with a fully detached garage.
The property is located in Rosedale near local shops, restaurants, public transportation, and major roadways. The two-bedroom, one-bath unit is available for viewing at the Open House, while the three-bedroom, two-bath unit is being prepared for vacant delivery.
The property is located in Rosedale near local shops, restaurants, public transportation, and major roadways. The two-bedroom, one-bath unit is available for viewing at the Open House, while the three-bedroom, two-bath unit is being prepared for vacant delivery.
Key Highlights
- 1,464‑square‑foot duplex built in 2006
- Two residences: one with 3 bedrooms and 2 bathrooms, and one with 2 bedrooms and 1 bathroom
- Side‑by‑side layout with separate front entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,787
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,740
$715.7K
Cap Rate 7%
$511,243
$511.2K
Cap Rate 9%
$397,633
$397.6K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$67.6K $46.20/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$65.1K $44.44/SF
− OpEx
−$29.3K −$20.00/SF
NOI
$35.8K $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%
$715,740
Cap Rate 7%
$511,243
Cap Rate 9%
$397,633
Alternative Uses
Best Use
Apartment 5plus
$511.2K
$447.3K – $596.5K
NOI $35,787 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$346.2K
$302.9K – $403.9K
NOI $24,232 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.08M
$944.4K – $1.26M
NOI $75,549 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,208
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residences have distinct entrances and a finished lower level with rear access.
Where is this duplex located?
The property is located at 14768 259th Street Rosedale, NY.
What is the asking price?
The asking price for this property is $963,000.
What are key features of this property?
This property features: 1,464‑square‑foot duplex built in 2006; Two residences: one with 3 bedrooms and 2 bathrooms, and one with 2 bedrooms and 1 bathroom; Side‑by‑side layout with separate front entrances
