23515 Bentley Road, Rosedale, NY 11422
Two separate apartments feature updated kitchens, finished lower-level space, and private driveway parking.
Property Features for 23515 Bentley Road
General Information
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Building Details
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Investment Insights
Based on property information with market context.
Property features include solar panels, gas heat, and a long private driveway with parking for 4-5 vehicles. The home is in Rosedale near schools, shopping, restaurants, public transportation, parks, JFK Airport, and major highways. Its two-family configuration and additional finished space provide flexibility for residential occupancy and rental use.
Key Highlights
- Detached all‑brick legal 2‑family home built in 1955
- Each apartment includes 3 bedrooms and 1 full bathroom
- Finished basement with 2 bedrooms and 1 full bathroom
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 | $115.5k | $46.20 |
| − Vacancy | −$4.4k | −$1.76 |
| EGI | $111.1k | $44.44 |
| − OpEx | −$50.0k | −$20.00 |
| NOI | $61.1k | $24.44 |
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Demographics for 11422, NY
Market
Vacancy Rate% for Multifamily in Northeast region