Duplex with Private
25919 Craft Avenue, Rosedale, NY 11422
For Sale
$900,000
The two-family property is offered in as-is condition and needs repairs and updates throughout.
Property Size2,712 SF
Price / SF$331.86
Days on Market28
Property Features for 25919 Craft Avenue
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
Building Details
Building Size
Year Built
Units
Listing Agency:
Top Rated Realty
Listed By:
Dawn E. Jones · License #10311205285
(917) 833-1355
Source:
Croninreale
Added: Oct 12
Changed: Nov 7
Last Checked: Nov 6 at 11:52AM
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 Top Rated Realty
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Investment Insights
Based on property information with market context.
This two-family duplex, built in 1960, includes a backyard and private driveway. Repairs and updates are needed throughout, and the property is being sold in its current as-is condition.
Located in Rosedale, Queens, the property does not qualify for FHA financing. Cash or renovation financing is preferred; conventional financing may be considered subject to lender and appraisal approval.
Located in Rosedale, Queens, the property does not qualify for FHA financing. Cash or renovation financing is preferred; conventional financing may be considered subject to lender and appraisal approval.
Key Highlights
- Two‑family duplex built in 1960
- Private driveway and backyard
- Repairs and updates needed throughout; sale is as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,293
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,860
$1.3M
Cap Rate 7%
$947,043
$947.0K
Cap Rate 9%
$736,589
$736.6K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$125.3K $46.20/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$120.5K $44.44/SF
− OpEx
−$54.2K −$20.00/SF
NOI
$66.3K $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%
$1,325,860
Cap Rate 7%
$947,043
Cap Rate 9%
$736,589
Alternative Uses
Best Use
Apartment 5plus
$947.0K
$828.7K – $1.10M
NOI $66,293 @ 7.0% cap · market cap 7.37%
Second Best
Multifamily LT 5
$641.3K
$561.1K – $748.1K
NOI $44,888 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,952 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
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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
Properties on Market for Duplexes in Rosedale
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family property is offered in as-is condition and needs repairs and updates throughout.
Where is this duplex located?
The property is located at 25919 Craft 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: Two‑family duplex built in 1960; Private driveway and backyard; Repairs and updates needed throughout; sale is as‑is
