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Detached Two-Family Duplex
For Sale
$1,188,000
Pending

15-11 149th Street, Whitestone, NY 11357

Residential Income, Whitestone, NY

Property Size2,000 SF
Lot Size0.06 Acres
Days on Market29

Property Features for 15-11 149th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Dining Room, Basement, Bedroom 4, Bedroom 3, Bathroom 2
Parking features On Street
Patio and Porch features Patio
Interior features First Floor Bedroom, Eat-in Kitchen, Formal Dining
Exterior features Garden
Basement Unfinished
Lot features Back Yard, Garden
Elementary school Ps 79 Francis Lewis
Middle school Jhs 194 William Carr
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Directions WAZE
Standard status Pending
APN 04662-0005
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9929

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1930
Number of units 2
Flooring type Tile - Ceramic, Carpet
Building materials Aluminum Siding
Architectural style Colonial
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Ross A. Keit CBR SRES SFR GREEN CR · License #10301204858
Added: Sep 8 Changed: Oct 5 Last Checked: Oct 6 at 12:06AM
MLS# 1042435

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

At 15-11 149th Street in Whitestone, this detached two-family property has approximately 1,000 SF per floor. The first floor includes two bedrooms, and the second floor has three. Interior features include eat-in kitchens and a formal dining room. An unfinished basement provides additional storage space.

The property sits on a 0.0574-acre lot and includes a garden and patio. Shopping and transportation are nearby. Public water and sewer serve the property; heating is natural gas, with wall or window unit cooling.

Key Highlights

  • Detached two‑family property with approximately 1,000 SF per floor
  • Two bedrooms on the first floor and three on the second
  • Unfinished basement

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 (±1% cap)
NOI $48,889 @ 7.0% cap · market cap 4.12%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K (±1% cap)
NOI $33,103 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,210 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Real Estate Agency Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The vacant residence has distinct two- and three-bedroom floor layouts, plus an unfinished basement.
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 1,000 SF per floor; Two bedrooms on the first floor and three on the second; Unfinished basement
More about this property
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