Renovated Two-Family
For Sale
$1,159,000
176-25 133rd Avenue, Jamaica, NY 11434
Two residential units are paired with a finished basement, detached garage, private driveway, and backyard.
Property Size2,505 SF
Days on Market52
Property Features for 176-25 133rd Avenue
General Information
Standard status
Active
Size
2,505 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,209
Building Details
Building Size
2,505 SF
Year Built
2010
Units
2
Listing Agency:
Exit Realty Prime
(347) 445-5838
Listed By:
Ferdous Koyes
(347) 445-5838
Source:
Professionalchoicerealty
Added: Jul 9
Changed: Aug 28
Last Checked: Aug 28 at 8:36PM
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 Exit Realty Prime
Investment Insights
Based on property information with market context.
This renovated brick duplex property contains two separate residential units. The front duplex offers 3 bedrooms, 1 bathroom, living and dining areas, and a kitchen, while the rear duplex includes 2 bedrooms, 1 bathroom, living and dining areas, and a kitchen. A full finished basement adds a bathroom and has two separate entrances. The property also includes a detached garage, private driveway, and backyard on a 2505 sqft lot. Built in 2010, it is 1 min from LIRR and 5 mins from Belt Parkway.
Key Highlights
- Front duplex with 3 bedrooms, 1 bathroom, living and dining areas, and kitchen
- Rear duplex with 2 bedrooms, 1 bathroom, living and dining areas, and kitchen
- Full finished basement with bathroom and 2 separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,224,660
$1.2M
Cap Rate 7%
$874,757
$874.8K
Cap Rate 9%
$680,367
$680.4K
Market Conditions
NOI Build-Up for 2,505 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$115.7K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$111.3K $44.44/SF
− OpEx
−$50.1K −$20.00/SF
NOI
$61.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,224,660
Cap Rate 7%
$874,757
Cap Rate 9%
$680,367
Alternative Uses
Best Use
Apartment 5plus
$874.8K
$765.4K – $1.02M
NOI $61,233 @ 7.0% cap · market cap 5.28%
Second Best
Multifamily LT 5
$592.3K
$518.3K – $691.0K
NOI $41,462 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.85M
$1.62M – $2.15M
NOI $129,270 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,946
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are paired with a finished basement, detached garage, private driveway, and backyard.
Where is this duplex located?
The property is located at 176-25 133rd Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,159,000.
What are key features of this property?
This property features: Front duplex with 3 bedrooms, 1 bathroom, living and dining areas, and kitchen; Rear duplex with 2 bedrooms, 1 bathroom, living and dining areas, and kitchen; Full finished basement with bathroom and 2 separate entrances
