Duplex with Detached 2-Car
For Sale
$1,299,000
Pending
150-35 11th Avenue, Whitestone, NY 11357
Duplex on an oversized lot with a private driveway, detached 2-car garage, and a full finished basement with separate yard entrance.
Property Size2,120 SF
Lot Size0.19 Acres
Days on Market98
Property Features for 150-35 11th Avenue
General Information
Standard status
Pending
Size
2,120 SF
Total Parking Spaces
2
Lot size
0.19 Acres
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$11,328
Building Details
Building Size
2,120 SF
Year Built
1935
Buildings
2
Stories
2
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Laura Copersino SFR GRI · License #10301200551
(718) 757-7955
Source:
Barbieliteam
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 5:52PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
Duplex on an oversized lot featuring a detached 2-car garage reached by a long private driveway. The home was built in 1935 and offers two levels of living space plus a full finished basement. On the first floor, there are 5 rooms and a full bath. The second floor includes 3.5 rooms and a full bath.
The full finished basement has high ceilings, a laundry area, utilities, and a bath, along with a separate outside entrance to the yard. Lot size is a major feature at 50' x 169.58' (8,478 sq. ft.), providing room for potential expansion, renovation, or new construction subject to applicable approvals.
Conveniently located near shopping centers and bus service, with local buses to Main Street and express buses to Manhattan.
The full finished basement has high ceilings, a laundry area, utilities, and a bath, along with a separate outside entrance to the yard. Lot size is a major feature at 50' x 169.58' (8,478 sq. ft.), providing room for potential expansion, renovation, or new construction subject to applicable approvals.
Conveniently located near shopping centers and bus service, with local buses to Main Street and express buses to Manhattan.
Key Highlights
- Oversized lot: 50' x 169.58' (8,478 sq. ft.)
- Private, long driveway to a detached 2‑car garage
- Full finished basement with high ceilings, laundry area, utilities, bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,822
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,440
$1.0M
Cap Rate 7%
$740,314
$740.3K
Cap Rate 9%
$575,800
$575.8K
Market Conditions
NOI Build-Up for 2,120 SF
Gross rent
$97.9K $46.20/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$94.2K $44.44/SF
− OpEx
−$42.4K −$20.00/SF
NOI
$51.8K $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%
$1,036,440
Cap Rate 7%
$740,314
Cap Rate 9%
$575,800
Alternative Uses
Best Use
Apartment 5plus
$740.3K
$647.8K – $863.7K
NOI $51,822 @ 7.0% cap · market cap 3.99%
Second Best
Multifamily LT 5
$501.3K
$438.6K – $584.8K
NOI $35,089 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,402 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,663
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 - Duplex on an oversized lot with a private driveway, detached 2-car garage, and a full finished basement with separate yard entrance.
Where is this duplex located?
The property is located at 150-35 11th Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Oversized lot: 50' x 169.58' (8,478 sq. ft.); Private, long driveway to a detached 2‑car garage; Full finished basement with high ceilings, laundry area, utilities, bath
