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Two-Family Duplex with Finished Basement

183-19 145th Road, Queens, NY 11413

For Sale
$950,000

Separate utility service for each apartment allows the households to operate independently.

Property Size2,110 SF
Price / SF$450.24
Days on Market31

Property Features for 183-19 145th Road

General Information

Standard status Active
Size 2,110 SF
Property subtype Multi Family

Units

Unit Mix 2BR/1BA, 3BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,295

Amenities

front and back yards
laundry room

Building Details

Building Size 2,110 SF
Year Built 1960
Buildings 1
Listing Agency: Compass
Listed By: Rhoda E Dunn
Source: Penrealty
Added: Oct 8 Changed: Nov 7 Last Checked: Nov 6 at 3:22PM

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 Compass

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Investment Insights

Based on property information with market context.

This 2,110-square-foot, two-family home was built in 1960 and contains two distinct apartments. The first-floor residence has two bedrooms, a windowed bathroom, an eat-in kitchen with stainless steel appliances, and a living room with south-facing windows. Its finished basement includes a workshop, laundry room, powder room, and storage. Upstairs, the second apartment has three bedrooms, a full bathroom, an eat-in kitchen, and a bright living room. Each apartment has separate utilities.

The corner property has four exposures, front and rear yards, and a private driveway. Springfield Park is directly across the street. Green Acres Mall, retail and dining options, and neighborhood services are nearby. The Laurelton and Locust Manor LIRR stations and local bus service provide transportation options; JFK Airport is a short drive away.

Key Highlights

  • 2,110‑square‑foot two‑family home built in 1960
  • First‑floor apartment: 2 bedrooms, windowed bathroom, eat‑in kitchen, and finished basement
  • Second‑floor apartment: 3 bedrooms, full bathroom, and eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,578
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,560 $1.0M
Cap Rate 7%
$736,829 $736.8K
Cap Rate 9%
$573,089 $573.1K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$97.5K $46.20/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$93.8K $44.44/SF
− OpEx
−$42.2K −$20.00/SF
NOI
$51.6K $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%
$1,031,560
Cap Rate 7%
$736,829
Cap Rate 9%
$573,089

Alternative Uses

Best Use
Apartment 5plus
$736.8K
$644.7K – $859.6K (±1% cap)
NOI $51,578 @ 7.0% cap · market cap 5.43%
Second Best
Multifamily LT 5
$498.9K
$436.6K – $582.1K (±1% cap)
NOI $34,924 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.56M
$1.36M – $1.81M (±1% cap)
NOI $108,886 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 11413, NY

42,978
Population
14,485
Households
3
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
3.0 sq mi
ZIP Area
14,326
Density / Sq Mi
$114,766
Median Household Income
$50,525
Median Earnings
$2,038
Median Rent
$631,700
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Queens, NY

$691 Jul
$548 Aug
$547 Sep
$690 Oct

Properties on Market for Duplexes in Queens

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utility service for each apartment allows the households to operate independently.
Where is this duplex located?
The property is located at 183-19 145th Road Queens, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,110‑square‑foot two‑family home built in 1960; First‑floor apartment: 2 bedrooms, windowed bathroom, eat‑in kitchen, and finished basement; Second‑floor apartment: 3 bedrooms, full bathroom, and eat‑in kitchen
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