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Two-Story Duplex Home
For Sale
$1,349,900

2039 150th Street, Whitestone, NY 11357

Two-story duplex with 3 bedrooms and 2 full bathrooms on each floor, delivered vacant for easy showing.

Days on Market26

Property Features for 2039 150th Street

General Information

Standard status Active
Property subtype Duplex

Building Details

Building Size 1,970 SF
Year Built 1960
Stories 2
Listing Agency: E Realty International Corp
Listed By: Edwin Weng · License #10401318390
Source: Barbieliteam
Added: Jul 7 Changed: Jul 31 Last Checked: Aug 1 at 10:46AM

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

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.

Key Highlights

  • Built in 1960
  • Two‑story duplex in excellent condition
  • 3 bedrooms and 2 full bathrooms on each floor

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $91.0k $46.20
− Vacancy −$3.5k −$1.76
EGI $87.6k $44.44
− OpEx −$39.4k −$20.00
NOI $48.2k $24.44
1,970 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$687.9K
$602.0K – $802.6K (±1% cap)
NOI $48,156 @ 7.0% cap · market cap 3.57%
Second Best
Multifamily LT 5
$465.8K
$407.6K – $543.5K (±1% cap)
NOI $32,607 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,661 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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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 $1,349,900.
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
More about this property
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