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Two-Family Duplex with Finished Basement
New
For Sale
$975,000

25908 147th Road, Rosedale, NY 11422

Separate entrances serve each level, with driveway parking and a detached garage.

Property Size1,377 SF
Price / SF$708.06
Days on Market2

Property Features for 25908 147th Road

General Information

Standard status Active
Size 1,377 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,587

Amenities

First Floor Bedroom

Building Details

Building Size 1,377 SF
Year Built 1952
Buildings 1
Units 2
Listing Agency: Keller Williams Realty Elite
Listed By: Michael Ngai
Source: Georgemcknight
Added: Oct 23 Last Checked: Oct 23 at 3:25PM

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 Keller Williams Realty Elite

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Investment Insights

Based on property information with market context.

This legal two-family duplex contains a recently renovated first-floor unit with 3 bedrooms and 1 full bathroom, plus a second-floor unit with 2 bedrooms and 1 full bathroom. The finished basement has a separate entrance. The home was built in 1952 and measures 1,377 square feet. Outside, a private driveway accommodates multiple vehicles, and a detached garage provides one-car parking.

The property is in Rosedale near the LIRR station, local bus service, shopping, dining, major roadways, Green Acres Mall, and JFK Airport. The street and block were recently repaved by the city.

Key Highlights

  • Legal two‑family property with 3‑bedroom and 2‑bedroom units
  • Recently renovated first‑floor unit; each unit has 1 full bathroom
  • Finished basement with a separate entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,660
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,200 $673.2K
Cap Rate 7%
$480,857 $480.9K
Cap Rate 9%
$374,000 $374.0K
Market Conditions
NOI Build-Up for 1,377 SF
Gross rent
$63.6K $46.20/SF
− Vacancy
−$2.4K −$1.76/SF
EGI
$61.2K $44.44/SF
− OpEx
−$27.5K −$20.00/SF
NOI
$33.7K $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%
$673,200
Cap Rate 7%
$480,857
Cap Rate 9%
$374,000

Alternative Uses

Best Use
Apartment 5plus
$480.9K
$420.8K – $561.0K (±1% cap)
NOI $33,660 @ 7.0% cap · market cap 3.45%
Second Best
Multifamily LT 5
$325.6K
$284.9K – $379.9K (±1% cap)
NOI $22,792 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$1.02M
$888.3K – $1.18M (±1% cap)
NOI $71,060 @ 7.0% cap · market cap 7.29%
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

1,208
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate entrances serve each level, with driveway parking and a detached garage.
Where is this duplex located?
The property is located at 25908 147th Road Rosedale, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Legal two‑family property with 3‑bedroom and 2‑bedroom units; Recently renovated first‑floor unit; each unit has 1 full bathroom; Finished basement with a separate entrance
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