Duplex with Finished
For Sale
$769,000
24032 146th Avenue, Rosedale, NY 11422
Each level has two bedrooms, a kitchen, living and dining areas, and a full bathroom.
Property Size1,318 SF
Price / SF$583.46
Days on Market180
Property Features for 24032 146th Avenue
General Information
Standard status
Active
Size
1,318 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,792
Amenities
garage
finished basement
attic storage
Building Details
Building Size
1,318 SF
Year Built
1920
Stories
2
Listing Agency:
NMG Properties Inc.
Listed By:
Natasha Green
(516) 887-0000
Source:
Nmgproperties
Added: May 4
Changed: Oct 30
Last Checked: Oct 30 at 2:11AM
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 NMG Properties Inc.
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Investment Insights
Based on property information with market context.
This 1,318-square-foot duplex, built in 1920, offers matching layouts on its two floors. Each level includes two bedrooms, a kitchen, living and dining space, and a full bathroom. A finished basement with a separate entrance adds usable interior space, while attic storage, a garage, and a wide driveway provide additional utility. The property also has a backyard suited to outdoor use.
Schools, public transportation, parks, and shopping are nearby. Green Acres Mall and major highways are a short drive away.
Schools, public transportation, parks, and shopping are nearby. Green Acres Mall and major highways are a short drive away.
Key Highlights
- 1,318‑square‑foot duplex built in 1920
- Two bedrooms, kitchen, living and dining areas, and full bath on each floor
- Finished basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,218
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,360
$644.4K
Cap Rate 7%
$460,257
$460.3K
Cap Rate 9%
$357,978
$358.0K
Market Conditions
NOI Build-Up for 1,318 SF
Gross rent
$60.9K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$58.6K $44.44/SF
− OpEx
−$26.4K −$20.00/SF
NOI
$32.2K $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%
$644,360
Cap Rate 7%
$460,257
Cap Rate 9%
$357,978
Alternative Uses
Best Use
Apartment 5plus
$460.3K
$402.7K – $537.0K
NOI $32,218 @ 7.0% cap · market cap 4.19%
Second Best
Multifamily LT 5
$311.6K
$272.7K – $363.6K
NOI $21,815 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$971.6K
$850.2K – $1.13M
NOI $68,015 @ 7.0% cap · market cap 8.84%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
627
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each level has two bedrooms, a kitchen, living and dining areas, and a full bathroom.
Where is this duplex located?
The property is located at 24032 146th Avenue Rosedale, NY.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 1,318‑square‑foot duplex built in 1920; Two bedrooms, kitchen, living and dining areas, and full bath on each floor; Finished basement with separate entrance
