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Colonial Home with Finished Basement

42-21 249th Street Queens, NY 11363

42-21 249th Street, Queens, NY, 11363
$999,000
For Sale
$999,000

SINGLE_FAMILY - Colonial - Queens, NY

Property Size1,410 SF
Lot Size0.08 Acres
Price / SF$708.51
Days on Market81

Property Features for 42-21 249th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1
Parking features
Driveway
Patio and Porch features
Deck
Fireplace
1
Basement
Finished
Standard status
Active
APN
08127-0054
Size
1,410 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
6837

Utilities

Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Cooling system
Wall Unit(s)

Building Details

Year built
1925
Floors in Building
2
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency Robert DeFalco Realty, Inc.
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by Lin Chen
Added: Apr 28 Checked: Jul 17 at 5:06 pm
MLS# 2602321 Listing URL

Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Situated on a 20x172 lot in Little Neck, Queens, this four-bedroom, two-bath Colonial features a full finished basement. The home includes living and dining areas, an eat-in kitchen with access to a large yard, and a legal sunroom plus deck. The interior has been freshly painted.

Parking for multiple cars is available, and the property is described as being in a quiet neighborhood with convenient access to shopping and transportation. The property is zoned R3-1.

With its combination of indoor living space, yard access, and outdoor entertaining areas, the layout is well suited for day-to-day use.

Key Highlights

  • 4‑bedroom, 2‑bath Colonial on a 20x172 lot in Little Neck, Queens
  • Full finished basement plus legal sunroom and deck
  • EIK with access to a huge yard

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 $65.1k $46.20
− Vacancy −$2.5k −$1.76
EGI $62.7k $44.44
− OpEx −$28.2k −$20.00
NOI $34.5k $24.44
1,410 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$492.4K
$430.8K – $574.5K (±1% cap)
NOI $34,467 @ 7.0% cap · market cap 3.45%
Second Best
Multifamily LT 5
$333.4K
$291.7K – $389.0K (±1% cap)
NOI $23,338 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$1.04M
$909.5K – $1.21M (±1% cap)
NOI $72,763 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage Barber Shop Carpet & Flooring Store Hotel & Motel Storage Facility Grocery & Convenience Store Skin Care Clinic Bar & Pub Discount Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Four-bedroom Colonial with a full finished basement, legal sunroom, deck access, and parking for multiple cars.
Where is this duplex located?
The property is located at 42-21 249th Street Queens, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath Colonial on a 20x172 lot in Little Neck, Queens; Full finished basement plus legal sunroom and deck; EIK with access to a huge yard
Contact an agent
More about this property
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