Duplex with Finished
For Sale
$1,349,000
Pending
150-29 Yates Road, Jamaica, NY 11433
Two kitchens serve the first and second floors, with additional finished space above and below the main living areas.
Property Size2,192 SF
Days on Market9
Property Features for 150-29 Yates Road
General Information
Standard status
Pending
Size
2,192 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,400
Amenities
Finished,Full
6
No
Yes
8
First Floor Bedroom,First Floor Full Bath,Open Kitchen,Washer/Dryer Hookup
Finished, Full
Fenced
Public
4
Detached, Driveway
2192
Building Details
Building Size
2,192 SF
Year Built
1920
Listing Agency:
(516) 703-2918
Listed By:
Matthew Dubinsky
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:57PM
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 Matthew Dubinsky
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Investment Insights
Based on property information with market context.
This 2,192-square-foot duplex, built in 1920, has kitchens on both the first and second floors. The finished attic contains two bedrooms and a bathroom, while the finished semi-basement includes a bathroom. Recent work includes new plumbing and electrical lines. A private driveway accommodates 4-5 cars.
The property is one block from Sutphin Blvd and within walking distance of Tuskegee Airmenway and Liberty Avenue. Schools, a park, bus service, and restaurants are nearby.
The property is one block from Sutphin Blvd and within walking distance of Tuskegee Airmenway and Liberty Avenue. Schools, a park, bus service, and restaurants are nearby.
Key Highlights
- Two‑family duplex with kitchens on the first and second floors
- 2,192 square feet; built in 1920
- Finished attic with 2 bedrooms and a bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,582
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,640
$1.1M
Cap Rate 7%
$765,457
$765.5K
Cap Rate 9%
$595,356
$595.4K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$101.3K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$97.4K $44.44/SF
− OpEx
−$43.8K −$20.00/SF
NOI
$53.6K $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%
$1,071,640
Cap Rate 7%
$765,457
Cap Rate 9%
$595,356
Alternative Uses
Best Use
Apartment 5plus
$765.5K
$669.8K – $893.0K
NOI $53,582 @ 7.0% cap · market cap 3.97%
Second Best
Multifamily LT 5
$518.3K
$453.5K – $604.7K
NOI $36,281 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,118 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
2,041
Businesses Nearby
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Business Placement
Demographics for 11433, NY
39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
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 kitchens serve the first and second floors, with additional finished space above and below the main living areas.
Where is this duplex located?
The property is located at 150-29 Yates Road Jamaica, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Two‑family duplex with kitchens on the first and second floors; 2,192 square feet; built in 1920; Finished attic with 2 bedrooms and a bathroom
