Duplex with Separate-Entry
14916 16th Road, Whitestone, NY 11357
For Sale
$1,580,000
The three-story residence has two kitchens and a basement accessed through its own entrance.
Property Size3,746 SF
Lot Size0.11 Acres
Days on Market20
Property Features for 14916 16th Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Chase Global Realty Corp
Listed By:
Sophia X. Yao · License #10311201216
(929) 260-9118
Source:
Barbieliteam
Added: Oct 20
Changed: Nov 7
Last Checked: Nov 7 at 2:48PM
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 Chase Global Realty Corp
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Investment Insights
Based on property information with market context.
This three-story duplex contains six bedrooms and three full bathrooms. The first floor has two bedrooms, a full bathroom, a living room, and a kitchen. Two more bedrooms and a full bathroom occupy the second floor; the third floor includes two bedrooms, a full bathroom, and a second kitchen. The basement has a separate entrance.
The property occupies a 50 x 100-foot lot, totaling 5,000 square feet, and is zoned R3A. It is in Whitestone, near banks, supermarkets, shopping, and everyday services. Q15, Q20, and Q44 bus routes serve the area, with QM2 express bus service to Manhattan. Nearby schools include PS 79 and JHS 194.
The property occupies a 50 x 100-foot lot, totaling 5,000 square feet, and is zoned R3A. It is in Whitestone, near banks, supermarkets, shopping, and everyday services. Q15, Q20, and Q44 bus routes serve the area, with QM2 express bus service to Manhattan. Nearby schools include PS 79 and JHS 194.
Key Highlights
- Three‑story duplex with six bedrooms and three full bathrooms
- 50 x 100‑foot lot totaling 5,000 square feet
- R3A zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,569
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,831,380
$1.8M
Cap Rate 7%
$1,308,129
$1.3M
Cap Rate 9%
$1,017,433
$1.0M
Market Conditions
NOI Build-Up for 3,746 SF
Gross rent
$173.1K $46.20/SF
− Vacancy
−$6.6K −$1.76/SF
EGI
$166.5K $44.44/SF
− OpEx
−$74.9K −$20.00/SF
NOI
$91.6K $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%
$1,831,380
Cap Rate 7%
$1,308,129
Cap Rate 9%
$1,017,433
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,569 @ 7.0% cap · market cap 5.80%
Second Best
Multifamily LT 5
$885.7K
$775.0K – $1.03M
NOI $62,002 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M
NOI $193,312 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,483
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 - The three-story residence has two kitchens and a basement accessed through its own entrance.
Where is this duplex located?
The property is located at 14916 16th Road Whitestone, NY.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Three‑story duplex with six bedrooms and three full bathrooms; 50 x 100‑foot lot totaling 5,000 square feet; R3A zoning
