Renovated Two-Family Brick
For Sale
$1,149,000
176-25 133rd Avenue, Jamaica, NY 11434
Two residential units offer separate living areas, finished basement space, a detached garage, driveway, and backyard.
Property Size2,505 SF
Lot Size0.06 Acres
Days on Market51
Property Features for 176-25 133rd Avenue
General Information
Standard status
Active
Size
2,505 SF
Total Parking Spaces
4
Lot size
0.06 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,209
Amenities
finished basement
detached garage
private driveway
backyard
Building Details
Building Size
2,505 SF
Year Built
2010
Buildings
1
Units
2
Construction
brick
Listing Agency:
Exit Realty Prime
(718) 262-0205
Listed By:
Ferdous Koyes
(347) 445-5838
Source:
Mydreamhomerealty
Added: Jul 31
Changed: Sep 18
Last Checked: Sep 18 at 2:40PM
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 two-family brick property, built in 2010, is arranged as two duplex-style residences. The front unit includes three bedrooms, one bathroom, living and dining areas, and a kitchen. The rear unit provides two bedrooms, one bathroom, living and dining areas, and a kitchen. A full finished basement adds a bathroom and two separate entrances.
The property also includes a detached garage, private driveway, and backyard on a 2505 sqft lot. Located at 176-25 133rd Avenue, the home is 1 min from the LIRR and 5 mins from Belt Parkway.
The property also includes a detached garage, private driveway, and backyard on a 2505 sqft lot. Located at 176-25 133rd Avenue, the home is 1 min from the LIRR and 5 mins from Belt Parkway.
Key Highlights
- Two‑family brick property with front 3Bed, 1Bath unit and rear 2Bed, 1Bath unit
- Full finished Basement with 2 separate entrances and a Bath
- Huge Detached Garage, private Driveway, and Backyard
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
5.33%
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 5.33%
Second Best
Multifamily LT 5
$592.3K
$518.3K – $691.0K
NOI $41,462 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$1.85M
$1.62M – $2.15M
NOI $129,270 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas, finished basement space, a detached garage, 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 $1,149,000.
What are key features of this property?
This property features: Two‑family brick property with front 3Bed, 1Bath unit and rear 2Bed, 1Bath unit; Full finished Basement with 2 separate entrances and a Bath; Huge Detached Garage, private Driveway, and Backyard
