Two-Family Duplex with
New
For Sale
$1,188,000
Pending
15-11 149th Street, Whitestone, NY 11357
Two separate floors offer two-bedroom and three-bedroom layouts, with an unfinished basement for storage.
Property Size2,000 SF
Days on Market4
Property Features for 15-11 149th Street
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,929
Amenities
Eat-In-Kitchen
private backyard
Unfinished
Carpet,Ceramic Tile
2
No
Yes
5
First Floor Bedroom,Eat-in Kitchen,Formal Dining
Back Yard
Public
On Street
Garden
2000
Building Details
Building Size
2,000 SF
Year Built
1930
Buildings
1
Listing Agency:
Keller Williams Rlty Landmark
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Nov 3 at 7:17AM
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 Rlty Landmark
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Investment Insights
Based on property information with market context.
This detached two-family property contains approximately 2,000 square feet, arranged as roughly 1,000 square feet per floor. The first floor has two bedrooms, while the second-floor layout includes three. Both floors feature an eat-in kitchen and formal dining area. An unfinished basement provides additional storage space, and the property includes a private backyard.
Built in 1930, the home is currently vacant. The property is in Whitestone, with shopping and transportation nearby.
Built in 1930, the home is currently vacant. The property is in Whitestone, with shopping and transportation nearby.
Key Highlights
- Detached two‑family property with approximately 2,000 square feet total
- Approximately 1,000 square feet per floor
- Two bedrooms on the first floor and three on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,889
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,780
$977.8K
Cap Rate 7%
$698,414
$698.4K
Cap Rate 9%
$543,211
$543.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$92.4K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$88.9K $44.44/SF
− OpEx
−$40.0K −$20.00/SF
NOI
$48.9K $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%
$977,780
Cap Rate 7%
$698,414
Cap Rate 9%
$543,211
Alternative Uses
Best Use
Apartment 5plus
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 4.12%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K
NOI $33,103 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,210 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
237
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate floors offer two-bedroom and three-bedroom layouts, with an unfinished basement for storage.
Where is this duplex located?
The property is located at 15-11 149th Street Whitestone, NY.
What is the asking price?
The asking price for this property is $1,188,000.
What are key features of this property?
This property features: Detached two‑family property with approximately 2,000 square feet total; Approximately 1,000 square feet per floor; Two bedrooms on the first floor and three on the second floor
