Duplex With Finished
New
For Sale
$1,520,000
324 150th Street, Whitestone, NY 11357
The two-family property is currently configured for use as a single residence.
Property Size3,280 SF
Lot Size0.18 Acres
Days on Market6
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 324 150th Street
General Information
Standard status
Active
Size
3,280 SF
Lot size
0.18 Acres
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,340
Building Details
Building Size
3,280 SF
Year Built
1901
Stories
3
Tenancy
Single
Listing Agency:
EXP Realty
Listed By:
Jinping Lin
(917) 655-9408
Source:
Barbieliteam
Added: Oct 10
Changed: Oct 13
Last Checked: Oct 15 at 6:53AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This duplex offers three above-grade floors, a finished basement, and a full bathroom on each floor. Although configured as a two-family property, it is currently being used as one residence. The 1901-built home sits on a 61 x 127 lot in Whitestone, Queens.
Key Highlights
- Two‑family property currently used as one residence
- Three floors plus a finished basement
- Full bathroom on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,178
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,603,560
$1.6M
Cap Rate 7%
$1,145,400
$1.1M
Cap Rate 9%
$890,867
$890.9K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$151.5K $46.20/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$145.8K $44.44/SF
− OpEx
−$65.6K −$20.00/SF
NOI
$80.2K $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%
$1,603,560
Cap Rate 7%
$1,145,400
Cap Rate 9%
$890,867
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,178 @ 7.0% cap · market cap 5.27%
Second Best
Multifamily LT 5
$775.6K
$678.6K – $904.8K
NOI $54,289 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,264 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
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 - The two-family property is currently configured for use as a single residence.
Where is this duplex located?
The property is located at 324 150th Street Whitestone, NY.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: Two‑family property currently used as one residence; Three floors plus a finished basement; Full bathroom on each floor
