Renovated Two-Unit
For Sale
$1,299,900
2039 150th Street, Whitestone, NY 11357
Residential, Whitestone, NY
Property Size1,970 SF
Lot Size0.06 Acres
Price / SF$659.85
Days on Market93
Property Features for 2039 150th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 5, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 6
Interior features
Refrigerator, Stove
Subdivision
Flushing
Standard status
Active
Size
1,970 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8596
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Yan Mei (Jamie) Zheng
(718) 382-0001
Added: Jul 6
Changed: Sep 21
Last Checked: Oct 6 at 5:06AM
MLS# 502824
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully detached brick duplex contains two apartments totaling 1,970 square feet. The first-floor residence has 3 bedrooms and 2.5 baths, while the second-floor apartment offers 3 bedrooms and 2 full baths. Both units include living rooms, formal dining areas, modern kitchens, and updated bathrooms, with hardwood and tile flooring throughout. Renovations were completed approximately 3–4 years ago, and the property is delivered vacant. Each apartment has its own heating and hot water system.
The 0.0567-acre parcel includes a private driveway with parking for 2+ cars. Built in 1960 and zoned R3-1, the home is located at 2039 150th Street in Whitestone, NY 11357, near schools, parks, shopping, restaurants, and public transportation.
The 0.0567-acre parcel includes a private driveway with parking for 2+ cars. Built in 1960 and zoned R3-1, the home is located at 2039 150th Street in Whitestone, NY 11357, near schools, parks, shopping, restaurants, and public transportation.
Key Highlights
- Two‑unit duplex with 1,970 square feet of building area
- Two 3‑bedroom apartments: first floor has 2.5 baths; second floor has 2 full baths
- Renovated approximately 3–4 years ago and delivered vacant
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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant, move-in-ready residence with two three-bedroom apartments, updated interiors, and separate heating and hot water systems.
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: Two‑unit duplex with 1,970 square feet of building area; Two 3‑bedroom apartments: first floor has 2.5 baths; second floor has 2 full baths; Renovated approximately 3–4 years ago and delivered vacant
