Two-Family Home with Two-Car
New
For Sale
$1,129,888
149-27 Lefferts Boulevard, South Ozone Park, NY 11420
Two separate living units each provide two bedrooms, a dining area, and an eat-in kitchen.
Property Size1,861 SF
Price / SF$607.14
Days on Market4
Property Features for 149-27 Lefferts Boulevard
General Information
Standard status
Active
Size
1,861 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,307
Amenities
covered porch
private fencing
backyard
garden area
basement
attic
Partially Finished,Walk-Out Access
Hardwood,Wood
2
No
Yes
4
Casement,Double Pane Windows,ENERGY STAR Qualified Windows,Wood Frames
First Floor Bedroom,Eat-in Kitchen,ENERGY STAR Qualified Door(s),Entrance Foyer,Formal Dining,Storage
Partially Finished, Walk-Out Access
Back Yard,Fenced,Full,Vinyl
Public
5
Covered, Detached, Driveway, Garage, Private, Open, Storage
Garden,Private Roof,Rain Gutters
Slab
Municipal
1861
Public Maintained Road
Building Details
Building Size
1,861 SF
Year Built
1955
Buildings
1
Listing Agency:
Keller Williams Realty Liberty
(516) 703-2918
Listed By:
Michael Giordano
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:20PM
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 Keller Williams Realty Liberty
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Investment Insights
Based on property information with market context.
This 1,861-square-foot duplex offers two living units arranged as two bedrooms over two bedrooms, with a dining area and eat-in kitchen in each. The home includes two full bathrooms, hardwood flooring, and a second-floor unit with a separate entrance. A partially finished, walk-out basement has a laundry area, mechanical room, storage, and an additional room; an attic adds further storage space.
Exterior features include an updated roof, siding and gutters, a covered porch, fenced backyard with garden area, private driveway, and detached two-car garage. Built in 1955, the property is on Lefferts Boulevard in South Ozone Park, with access to JFK International Airport, the AirTrain, the A subway line, bus routes, and major highways.
Exterior features include an updated roof, siding and gutters, a covered porch, fenced backyard with garden area, private driveway, and detached two-car garage. Built in 1955, the property is on Lefferts Boulevard in South Ozone Park, with access to JFK International Airport, the AirTrain, the A subway line, bus routes, and major highways.
Key Highlights
- Two‑family layout with 4 bedrooms and 2 full bathrooms
- 1,861‑square‑foot home built in 1955
- Each unit has a dining area and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,491
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,820
$909.8K
Cap Rate 7%
$649,871
$649.9K
Cap Rate 9%
$505,456
$505.5K
Market Conditions
NOI Build-Up for 1,861 SF
Gross rent
$86.0K $46.20/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$82.7K $44.44/SF
− OpEx
−$37.2K −$20.00/SF
NOI
$45.5K $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%
$909,820
Cap Rate 7%
$649,871
Cap Rate 9%
$505,456
Alternative Uses
Best Use
Apartment 5plus
$649.9K
$568.6K – $758.2K
NOI $45,491 @ 7.0% cap · market cap 4.03%
Second Best
Multifamily LT 5
$440.0K
$385.0K – $513.4K
NOI $30,803 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,037 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,858
Businesses Nearby
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Business Placement
Demographics for 11420, NY
47,383
Population
14,835
Households
3.2
Avg Household Size
40
Median Age
22%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
22,563
Density / Sq Mi
$98,584
Median Household Income
$45,571
Median Earnings
$2,032
Median Rent
$673,700
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 separate living units each provide two bedrooms, a dining area, and an eat-in kitchen.
Where is this duplex located?
The property is located at 149-27 Lefferts Boulevard South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,129,888.
What are key features of this property?
This property features: Two‑family layout with 4 bedrooms and 2 full bathrooms; 1,861‑square‑foot home built in 1955; Each unit has a dining area and eat‑in kitchen
