Two-Story Multifamily
150-17 Hawtree St, Ozone Park, NY 11417
For Sale
New
$1,600,000
Brick construction, solar panels, and laundry facilities on each floor serve the property's two-level layout.
Property Size2,473 SF
Price / SF$646.99
Days on Market5
Property Features for 150-17 Hawtree St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Amenities
in-unit laundry
solar panels
central air conditioning
central heating
garage
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Exit Realty Prime
Listed By:
Mohammed Karim
(718) 262-0205
Source:
Searchhomesinlongisland
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 7 at 2:03PM
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 Exit Realty Prime
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Investment Insights
Based on property information with market context.
Completed in 2025, this two-story brick multifamily residence contains 2,473 square feet. The open kitchen connects with the dining and living areas, while laundry facilities are located on both floors. Solar panels, central heating and air conditioning, a basement, private driveway, and garage are also part of the property.
The property has access to the A train, bus service, and major highways. Resort World Casino is also described as nearby.
The property has access to the A train, bus service, and major highways. Resort World Casino is also described as nearby.
Key Highlights
- 2,473‑square‑foot, two‑story brick residence built in 2025
- Laundry facilities on both floors
- Open kitchen adjoining dining and living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,451
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,020
$1.2M
Cap Rate 7%
$863,586
$863.6K
Cap Rate 9%
$671,678
$671.7K
Market Conditions
NOI Build-Up for 2,473 SF
Gross rent
$114.3K $46.20/SF
− Vacancy
−$4.3K −$1.76/SF
EGI
$109.9K $44.44/SF
− OpEx
−$49.5K −$20.00/SF
NOI
$60.5K $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%
$1,209,020
Cap Rate 7%
$863,586
Cap Rate 9%
$671,678
Alternative Uses
Best Use
Apartment 5plus
$863.6K
$755.6K – $1.01M
NOI $60,451 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,619 @ 7.0% cap · market cap 7.98%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,887
Businesses Nearby
Explore this area
Business Placement
Demographics for 11417, NY
31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Multifamily properties in Ozone Park
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Brick construction, solar panels, and laundry facilities on each floor serve the property's two-level layout.
Where is this multifamily property located?
The property is located at 150-17 Hawtree St Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,473‑square‑foot, two‑story brick residence built in 2025; Laundry facilities on both floors; Open kitchen adjoining dining and living areas
