Duplex with Finished
For Sale
$1,450,000
Pending
15333 119th Road, Jamaica, NY 11434
The two-family layout includes six bedrooms, five bathrooms, and a garage.
Property Size2,600 SF
Days on Market9
Property Features for 15333 119th Road
General Information
Standard status
Pending
Size
2,600 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,177
Amenities
Finished
Hardwood
6
No
Yes
First Floor Bedroom,First Floor Full Bath,Ceiling Fan(s),Formal Dining,High Ceilings,Primary Bathroom,Master Downstairs
Public
Driveway, Garage
Concrete Perimeter
2600
Building Details
Building Size
2,600 SF
Year Built
2024
Listing Agency:
Sky Port Homes LLC
(516) 703-2918
Listed By:
Michael Giordano
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:59PM
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 Sky Port Homes LLC
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Investment Insights
Based on property information with market context.
Built in 2024, this duplex offers 2,600 square feet across a two-family configuration with six bedrooms and five bathrooms. Interior features include hardwood floors, high ceilings, formal dining space, and a full finished basement. First-floor bedrooms and full baths are also part of the layout.
The property occupies a 50-by-100-foot lot and includes a driveway and one garage.
The property occupies a 50-by-100-foot lot and includes a driveway and one garage.
Key Highlights
- Two‑family duplex with 6 bedrooms and 5 bathrooms
- 2,600 square feet of building area
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,555
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,100
$1.3M
Cap Rate 7%
$907,929
$907.9K
Cap Rate 9%
$706,167
$706.2K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$120.1K $46.20/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$115.6K $44.44/SF
− OpEx
−$52.0K −$20.00/SF
NOI
$63.6K $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%
$1,271,100
Cap Rate 7%
$907,929
Cap Rate 9%
$706,167
Alternative Uses
Best Use
Apartment 5plus
$907.9K
$794.4K – $1.06M
NOI $63,555 @ 7.0% cap · market cap 4.38%
Second Best
Multifamily LT 5
$614.8K
$537.9K – $717.2K
NOI $43,034 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,172 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
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 - The two-family layout includes six bedrooms, five bathrooms, and a garage.
Where is this duplex located?
The property is located at 15333 119th Road Jamaica, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two‑family duplex with 6 bedrooms and 5 bathrooms; 2,600 square feet of building area; Full finished basement
