Two-Family Brick
New
For Sale
$1,200,000
24720 136th Road, Rosedale, NY 11422
A private driveway provides off-street parking for this two-unit residence.
Property Size2,424 SF
Lot Size0.11 Acres
Price / SF$495.05
Days on Market4
Property Features for 24720 136th Road
General Information
Standard status
Active
Size
2,424 SF
Lot size
0.11 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,364
Amenities
Finished,Full
Hardwood
3
Yes
6
Other
Finished, Full
Public
No
Driveway, Off Street
2424
Building Details
Building Size
2,424 SF
Year Built
1950
Buildings
1
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Amandeep Kakar
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:03PM
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 Amandeep Kakar
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick duplex contains two three-bedroom units, each with an eat-in kitchen and living space. A finished full basement adds flexible area for storage, recreation, or other uses. The residence totals 2,424 square feet and sits on a 5,000-square-foot lot. Built in 1950, it also includes a private driveway for off-street parking.
Public transportation, shopping, schools, parks, and major roadways are identified nearby. The property is on a residential block in Rosedale.
Public transportation, shopping, schools, parks, and major roadways are identified nearby. The property is on a residential block in Rosedale.
Key Highlights
- Two units, each with 3 bedrooms
- 2,424‑square‑foot residence on a 5,000‑square‑foot lot
- Finished full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,253
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,060
$1.2M
Cap Rate 7%
$846,471
$846.5K
Cap Rate 9%
$658,367
$658.4K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$112.0K $46.20/SF
− Vacancy
−$4.3K −$1.76/SF
EGI
$107.7K $44.44/SF
− OpEx
−$48.5K −$20.00/SF
NOI
$59.3K $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%
$1,185,060
Cap Rate 7%
$846,471
Cap Rate 9%
$658,367
Alternative Uses
Best Use
Apartment 5plus
$846.5K
$740.7K – $987.6K
NOI $59,253 @ 7.0% cap · market cap 4.94%
Second Best
Multifamily LT 5
$573.2K
$501.5K – $668.7K
NOI $40,121 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,090 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,655
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A private driveway provides off-street parking for this two-unit residence.
Where is this duplex located?
The property is located at 24720 136th Road Rosedale, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms; 2,424‑square‑foot residence on a 5,000‑square‑foot lot; Finished full basement
