Three-Unit Brick
For Sale
$1,179,999
15103 82nd Street, Howard Beach, NY 11414
Eight bedrooms, five full bathrooms, multiple kitchens, and a basement with separate exterior access support a flexible residential layout.
Property Size2,860 SF
Price / SF$412.59
Days on Market9
Property Features for 15103 82nd Street
General Information
Standard status
Active
Size
2,860 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$9,568
Amenities
See Remarks
5
Yes
8
Other
Public
No
Driveway, Garage, On Street
2860
Building Details
Building Size
2,860 SF
Year Built
1970
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:37PM
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 Alex Switalski
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Investment Insights
Based on property information with market context.
This brick triplex contains three separate living spaces, with 8 bedrooms and 5 full bathrooms across approximately 2,860 square feet. Multiple kitchens serve the residence, and the full walkout basement has its own entrance. The property was built in 1970 and includes driveway and garage parking.
The home is at 15103 82nd Street in Howard Beach, with shopping, schools, transportation, and dining nearby.
The home is at 15103 82nd Street in Howard Beach, with shopping, schools, transportation, and dining nearby.
Key Highlights
- Three separate living spaces
- 8 bedrooms and 5 full bathrooms
- Approximately 2,860 square feet of living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,911
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,398,220
$1.4M
Cap Rate 7%
$998,729
$998.7K
Cap Rate 9%
$776,789
$776.8K
Market Conditions
NOI Build-Up for 2,860 SF
Gross rent
$132.1K $46.20/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$127.1K $44.44/SF
− OpEx
−$57.2K −$20.00/SF
NOI
$69.9K $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%
$1,398,220
Cap Rate 7%
$998,729
Cap Rate 9%
$776,789
Alternative Uses
Best Use
Apartment 5plus
$998.7K
$873.9K – $1.17M
NOI $69,911 @ 7.0% cap · market cap 5.92%
Second Best
Multifamily LT 5
$676.3K
$591.7K – $789.0K
NOI $47,338 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,590 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 11414, NY
27,320
Population
12,223
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
11,878
Density / Sq Mi
$98,209
Median Household Income
$66,162
Median Earnings
$1,991
Median Rent
$612,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Eight bedrooms, five full bathrooms, multiple kitchens, and a basement with separate exterior access support a flexible residential layout.
Where is this triplex located?
The property is located at 15103 82nd Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,179,999.
What are key features of this property?
This property features: Three separate living spaces; 8 bedrooms and 5 full bathrooms; Approximately 2,860 square feet of living space
