Duplex with Finished
For Sale
$900,000
240-58 147th Avenue, Rosedale, NY 11422
Detached two-family residence with hardwood flooring and a separate exterior entrance to the basement.
Property Size1,182 SF
Price / SF$761.42
Days on Market54
Property Features for 240-58 147th Avenue
General Information
Standard status
Active
Size
1,182 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,489
Amenities
Hard wood floors throughout
Coran countertop on first floor
Full finished basement with separate outside entrance
First Floor Bedroom
First Floor Full Bath
Formal Dining
Marble Counters
Walk Through Kitchen
Building Details
Building Size
1,182 SF
Year Built
1950
Units
2
Listed By:
Gail Leone
(914) 723-8228
Source:
Clairedleone
Added: Sep 1
Changed: Oct 23
Last Checked: Oct 23 at 3:45PM
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 Gail Leone
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Investment Insights
Based on property information with market context.
This detached duplex is configured as a two-family house and includes hardwood floors throughout. The first floor has a countertop, and the basement is fully finished with its own exterior entrance. The property was built in 1950.
Key Highlights
- Detached two‑family house
- Fully finished basement with separate outside entrance
- Hardwood floors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,893
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,860
$577.9K
Cap Rate 7%
$412,757
$412.8K
Cap Rate 9%
$321,033
$321.0K
Market Conditions
NOI Build-Up for 1,182 SF
Gross rent
$54.6K $46.20/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$52.5K $44.44/SF
− OpEx
−$23.6K −$20.00/SF
NOI
$28.9K $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%
$577,860
Cap Rate 7%
$412,757
Cap Rate 9%
$321,033
Alternative Uses
Best Use
Apartment 5plus
$412.8K
$361.2K – $481.6K
NOI $28,893 @ 7.0% cap · market cap 3.21%
Second Best
Multifamily LT 5
$279.5K
$244.6K – $326.1K
NOI $19,564 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$871.4K
$762.5K – $1.02M
NOI $60,997 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 11422, NY
32,839
Population
10,694
Households
3.1
Avg Household Size
41
Median Age
33%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
15,638
Density / Sq Mi
$108,519
Median Household Income
$51,788
Median Earnings
$2,327
Median Rent
$629,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family residence with hardwood flooring and a separate exterior entrance to the basement.
Where is this duplex located?
The property is located at 240-58 147th Avenue Rosedale, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Detached two‑family house; Fully finished basement with separate outside entrance; Hardwood floors throughout
