Brick Duplex with Private
149-04 21st Avenue, Whitestone, NY 11357
For Sale
New
$2,580,000
Separate entries serve the first and second floors, with additional front and rear basement access.
Property Size3,470 SF
Lot Size0.11 Acres
Price / SF$743.52
Days on Market5
Property Features for 149-04 21st Avenue
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fully fenced backyard
Building Details
Building Size
Year Built
Year Renovated
Buildings
Construction
Listing Agency:
Apex Global Realty LLC
Listed By:
Yan Yu
(917) 860-6068
Source:
Barbieliteam
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 10 at 2:13PM
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 Apex Global Realty LLC
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Investment Insights
Based on property information with market context.
This two-family brick duplex contains 3,470 square feet of living space on a 5,000-square-foot lot. The first and second floors have separate entrances from two streets. The basement also has access at both the front and rear. A private garage and fenced backyard are additional property features.
Built in 1951, the home was renovated in 1999.
Built in 1951, the home was renovated in 1999.
Key Highlights
- Two‑family brick residence with 3,470 square feet of living space
- 5,000‑square‑foot lot
- Separate entrances for the first and second floors from two streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,746
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,714,920
$1.7M
Cap Rate 7%
$1,224,943
$1.2M
Cap Rate 9%
$952,733
$952.7K
Market Conditions
NOI Build-Up for 3,470 SF
Gross rent
$133.2K $38.40/SF
− Vacancy
−$10.8K −$3.10/SF
EGI
$122.5K $35.30/SF
− OpEx
−$36.7K −$10.59/SF
NOI
$85.7K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,714,920
Cap Rate 7%
$1,224,943
Cap Rate 9%
$952,733
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.43M
NOI $85,746 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,822 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M
NOI $179,069 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,406
Businesses Nearby
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Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Whitestone, NY
Properties on Market for Duplexes in Whitestone
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entries serve the first and second floors, with additional front and rear basement access.
Where is this duplex located?
The property is located at 149-04 21st Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $2,580,000.
What are key features of this property?
This property features: Two‑family brick residence with 3,470 square feet of living space; 5,000‑square‑foot lot; Separate entrances for the first and second floors from two streets
