Two-Unit Duplex with
New
For Sale
$1,500,000
159-19 101 Street, Howard Beach, NY 11414
Each residence has three bedrooms, and the upper apartment opens to a covered balcony.
Property Size2,200 SF
Price / SF$681.82
Days on Market6
Property Features for 159-19 101 Street
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$6,872
Amenities
in-ground swimming pool
patio
deck
balconies
stainless-steel appliances
ductless mini-split systems
Marble Counters
Open Floorplan
Building Details
Building Size
2,200 SF
Year Built
1930
Buildings
1
Units
2
Listing Agency:
Trademarko Realty Inc
Listed By:
Marek Sobolewski · License #10311207231
(718) 710-8170
Source:
Georgemcknight
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:16PM
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 Trademarko Realty Inc
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Investment Insights
Based on property information with market context.
This 2,200-square-foot duplex contains two three-bedroom apartments, each with living and dining areas, a kitchen, and ductless mini-split systems. Flooring combines hardwood and tile, and the kitchens have stainless-steel appliances. The upper apartment features vaulted ceilings and access to a covered balcony. A basement/lower level provides storage space, and the property has a sprinkler system. The home was reconstructed with an elevated foundation and flood-mitigation improvements.
Outdoor features include a fenced backyard with an in-ground pool, patio, and deck, along with additional balconies and decks. A driveway provides off-street parking. The property is at 159-19 101 Street in Howard Beach, with access to Cross Bay Boulevard, neighborhood retail and services, and the Howard Beach–JFK Airport station, serving the A subway line and JFK AirTrain. The Belt Parkway is also accessible.
Outdoor features include a fenced backyard with an in-ground pool, patio, and deck, along with additional balconies and decks. A driveway provides off-street parking. The property is at 159-19 101 Street in Howard Beach, with access to Cross Bay Boulevard, neighborhood retail and services, and the Howard Beach–JFK Airport station, serving the A subway line and JFK AirTrain. The Belt Parkway is also accessible.
Key Highlights
- Two apartments, each with three bedrooms, in a 2,200‑square‑foot duplex
- In‑ground pool with fenced backyard, patio, and deck
- Upper apartment has vaulted ceilings and a covered balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,778
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,560
$1.1M
Cap Rate 7%
$768,257
$768.3K
Cap Rate 9%
$597,533
$597.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$101.6K $46.20/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$97.8K $44.44/SF
− OpEx
−$44.0K −$20.00/SF
NOI
$53.8K $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%
$1,075,560
Cap Rate 7%
$768,257
Cap Rate 9%
$597,533
Alternative Uses
Best Use
Apartment 5plus
$768.3K
$672.2K – $896.3K
NOI $53,778 @ 7.0% cap · market cap 3.59%
Second Best
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,531 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,134
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, and the upper apartment opens to a covered balcony.
Where is this duplex located?
The property is located at 159-19 101 Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two apartments, each with three bedrooms, in a 2,200‑square‑foot duplex; In‑ground pool with fenced backyard, patio, and deck; Upper apartment has vaulted ceilings and a covered balcony
