Brick Duplex with Separate
2226 Ryan Street, Whitestone, NY 11357
For Sale
$1,659,000
Each residence has its own entrance, with interiors finished in granite and hardwood.
Property Size2,028 SF
Days on Market11
Property Features for 2226 Ryan Street
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
granite counters
granite and hardwood floors
separate entrance for each unit
Building Details
Building Size
Year Built
Construction
Listing Agency:
Utopia Real Estate
Listed By:
Maria Tulumba
(718) 359-1900
Source:
Barbieliteam
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 7 at 3:31PM
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 Utopia Real Estate
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Investment Insights
Based on property information with market context.
Built in 2006, this semi-attached duplex has brick exterior construction and two separate residential units, each accessed through its own entrance. Interior finishes include granite counters, granite flooring, and hardwood floors.
Key Highlights
- Two separate residential units, each with its own entrance
- Brick construction; built in 2006
- Granite counters and granite flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,573
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,460
$991.5K
Cap Rate 7%
$708,186
$708.2K
Cap Rate 9%
$550,811
$550.8K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$93.7K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$90.1K $44.44/SF
− OpEx
−$40.6K −$20.00/SF
NOI
$49.6K $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%
$991,460
Cap Rate 7%
$708,186
Cap Rate 9%
$550,811
Alternative Uses
Best Use
Apartment 5plus
$708.2K
$619.7K – $826.2K
NOI $49,573 @ 7.0% cap · market cap 2.99%
Second Best
Multifamily LT 5
$479.5K
$419.6K – $559.5K
NOI $33,567 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$1.50M
$1.31M – $1.74M
NOI $104,655 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
999
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
$920,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Whitestone, NY
Properties on Market for Duplexes in Whitestone
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own entrance, with interiors finished in granite and hardwood.
Where is this duplex located?
The property is located at 2226 Ryan Street Whitestone, NY.
What is the asking price?
The asking price for this property is $1,659,000.
What are key features of this property?
This property features: Two separate residential units, each with its own entrance; Brick construction; built in 2006; Granite counters and granite flooring
