Two-Story Duplex
For Sale
$1,299,900
2039 150th Street, Whitestone, NY 11357
Two-story duplex with 3 bedrooms and 2 full bathrooms on each floor, delivered vacant for easy showing.
Property Size1,970 SF
Days on Market121
Property Features for 2039 150th Street
General Information
Standard status
Active
Size
1,970 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,702
Building Details
Building Size
1,970 SF
Year Built
1960
Stories
2
Listing Agency:
E Realty International Corp
Listed By:
Edwin Weng · License #10401318390
(917) 213-2132
Source:
Barbieliteam
Added: Jul 7
Changed: Nov 1
Last Checked: Nov 3 at 11:10AM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
This well-maintained two-story duplex home was built in 1960 and is in excellent condition. The layout offers 3 bedrooms and 2 full bathrooms on each floor, creating a balanced configuration for dual-occupancy living. The property will be delivered vacant and is easy to show, supporting straightforward viewing for prospective buyers.
Situated near a park and a school, the home also provides easy transportation to Flushing downtown, which can help with day-to-day commuting and errands.
With its consistent floor plans and solid condition, the duplex format may appeal to buyers looking for flexible use of a two-level, two-bathroom-per-floor arrangement.
Situated near a park and a school, the home also provides easy transportation to Flushing downtown, which can help with day-to-day commuting and errands.
With its consistent floor plans and solid condition, the duplex format may appeal to buyers looking for flexible use of a two-level, two-bathroom-per-floor arrangement.
Key Highlights
- Built in 1960
- Two‑story duplex in excellent condition
- 3 bedrooms and 2 full bathrooms on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,156
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,120
$963.1K
Cap Rate 7%
$687,943
$687.9K
Cap Rate 9%
$535,067
$535.1K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$91.0K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$87.6K $44.44/SF
− OpEx
−$39.4K −$20.00/SF
NOI
$48.2K $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 Rate 5%
$963,120
Cap Rate 7%
$687,943
Cap Rate 9%
$535,067
Alternative Uses
Best Use
Apartment 5plus
$687.9K
$602.0K – $802.6K
NOI $48,156 @ 7.0% cap · market cap 3.70%
Second Best
Multifamily LT 5
$465.8K
$407.6K – $543.5K
NOI $32,607 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,661 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
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Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
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 - Two-story duplex with 3 bedrooms and 2 full bathrooms on each floor, delivered vacant for easy showing.
Where is this duplex located?
The property is located at 2039 150th Street Whitestone, NY.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Built in 1960; Two‑story duplex in excellent condition; 3 bedrooms and 2 full bathrooms on each floor
