Brick Two-Family
For Sale
$850,000
Pending
150-78 15th Drive, Whitestone, NY 11357
Residential Income, Whitestone, NY
Property Size1,534 SF
Lot Size0.05 Acres
Days on Market240
Property Features for 150-78 15th Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3
Parking features
Driveway
Subdivision
Whitestone
High school district
NEW YORK CITY GEOGRAPHIC DISTRICT #25
Standard status
Pending
Size
1,534 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8732
Utilities
Heating system
Electric (Heating)
Amenities
private driveway
fenced backyard
Building Details
Year built
1950
Floors in Building
2
Building materials
Brick, Aluminum
Listing Agency:
Carollo Realty & Management
Listed By:
Anthony Carollo
Added: Feb 22
Changed: Oct 1
Last Checked: Oct 20 at 7:06AM
MLS# 11660907
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This legal two-family duplex contains 1,534 square feet on a 0.0531-acre lot and was built in 1950. The upper residence spans the second and third floors, with an eat-in kitchen, dining room, living room, three bedrooms, and 1.5 baths. The first-floor residence is a studio with a large closet and granite countertops.
The property includes brick and aluminum construction, electric heat, a private driveway, and a fenced backyard. It is located in Whitestone within Queens County, near public transportation, shopping, and neighborhood amenities. The configuration provides two distinct residential spaces within one property.
The property includes brick and aluminum construction, electric heat, a private driveway, and a fenced backyard. It is located in Whitestone within Queens County, near public transportation, shopping, and neighborhood amenities. The configuration provides two distinct residential spaces within one property.
Key Highlights
- Legal two‑family duplex with 1,534 square feet
- Upper residence spans floors 2 and 3 with 3 bedrooms and 1.5 baths
- First‑floor studio includes a large closet and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,498
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,960
$750.0K
Cap Rate 7%
$535,686
$535.7K
Cap Rate 9%
$416,644
$416.6K
Market Conditions
NOI Build-Up for 1,534 SF
Gross rent
$70.9K $46.20/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$68.2K $44.44/SF
− OpEx
−$30.7K −$20.00/SF
NOI
$37.5K $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%
$749,960
Cap Rate 7%
$535,686
Cap Rate 9%
$416,644
Alternative Uses
Best Use
Apartment 5plus
$535.7K
$468.7K – $625.0K
NOI $37,498 @ 7.0% cap · market cap 4.41%
Second Best
Multifamily LT 5
$362.7K
$317.4K – $423.2K
NOI $25,390 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.13M
$989.5K – $1.32M
NOI $79,162 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences include a studio and a three-bedroom upper-level layout with private driveway access.
Where is this duplex located?
The property is located at 150-78 15th Drive Whitestone, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Legal two‑family duplex with 1,534 square feet; Upper residence spans floors 2 and 3 with 3 bedrooms and 1.5 baths; First‑floor studio includes a large closet and granite countertops
