Renovated Two-Family
24149 148th Drive, Rosedale, NY 11422
MULTI_FAMILY - Rosedale, NY
Property size:
3,000 SFLot size:
0.09 AcresPrice / SF:
$416/SF- Added:
- Mar 5, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 14 at 7:06 am
Property Features for 24149 148th Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 5
- Parking features
- Driveway
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 13748-0046
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7740
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Brick, Frame
Listing agent Gabriel Kashi (347) 419-5268
Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY (631) 261-2800
Listing date Mar 5, 2026
MLS# 967756
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Renovated two‑family home built 25x41 for 3,000+ sq ft on a 40x100 lot in Rosedale
- Each unit is set up as 3‑bedroom/2‑bath, including a rental unit with ability to generate $4,000/month
- Wide private driveway, garage, and tons of yard space
- Fully finished basement with both interior and exterior access, suitable for an in‑law suite, office, or recreation space
- Renovations include select wide oak wood flooring, recessed lighting, and updates to electrical, heating, plumbing, and central HVAC
- Forced‑air heating with central air; public water and public sewer; natural gas available
Overview
241-49 148th Drive presents a meticulously renovated two-family home on a tree-lined street in Rosedale. The building spans a 25x41 footprint and offers over 3,000 sq. ft. of living space, set on a 40x100 lot. A wide private driveway, garage, and substantial yard area support outdoor gatherings and everyday convenience.
The property is configured as two 3-bedroom, 2-bath units. One rental unit is set up as a 3 bedroom 2 bath, and the owner’s first-floor unit can be used as a garden-basement duplex to create additional living or recreational space. Both units feature expansive, modern, open-concept living and dining areas designed for entertaining, along with spacious bedrooms and ample closet space. The kitchen includes granite countertops, floor-to-ceiling custom cabinetry, and a full suite of stainless steel appliances with island seating.
A high-ceiling, fully finished basement adds flexibility, with both interior and exterior access. It can serve as an in-law suite, guest quarters, media den, home office, storage, or additional recreational space. Renovations include brand-new select wide oak wood flooring, recessed lighting, updated electrical, heating, plumbing, and central HVAC systems throughout, supporting a turnkey experience for the next owner.
The property is configured as two 3-bedroom, 2-bath units. One rental unit is set up as a 3 bedroom 2 bath, and the owner’s first-floor unit can be used as a garden-basement duplex to create additional living or recreational space. Both units feature expansive, modern, open-concept living and dining areas designed for entertaining, along with spacious bedrooms and ample closet space. The kitchen includes granite countertops, floor-to-ceiling custom cabinetry, and a full suite of stainless steel appliances with island seating.
A high-ceiling, fully finished basement adds flexibility, with both interior and exterior access. It can serve as an in-law suite, guest quarters, media den, home office, storage, or additional recreational space. Renovations include brand-new select wide oak wood flooring, recessed lighting, updated electrical, heating, plumbing, and central HVAC systems throughout, supporting a turnkey experience for the next owner.
Local 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 | $138.6k | $46.20 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $133.3k | $44.44 |
| − OpEx | −$60.0k | −$20.00 |
| NOI | $73.3k | $24.44 |
3,000 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K
NOI $49,655 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,814 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Rosedale
- County
- Queens
- State
- New York
- Longitude
- -73.741401
- Latitude
- 40.653492
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two renovated units with modern open layouts, central HVAC, and private driveway plus garage and yard space.
Where is this duplex located?
The property is located at 24149 148th Drive Rosedale, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Renovated two‑family home built 25x41 for 3,000+ sq ft on a 40x100 lot in Rosedale; Each unit is set up as 3‑bedroom/2‑bath, including a rental unit with ability to generate $4,000/month; Wide private driveway, garage, and tons of yard space
