Legal Two-Family Corner
98-19 160th Avenue Howard Beach, NY 11414
98-19 160th Avenue, Howard Beach, NY, 11414
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For Sale
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Legal 2-family residence operates as a single-family layout with four bedrooms, five full bathrooms, and a finished basement.
Property Size1,968 SF
Price / SF$558.94
Days on Market62
Property Features for 98-19 160th Avenue
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Multifamily
Listing agency
Capri Jet Realty Corp
(718) 388-2188
Listed by
Robert Napolitano · License #NY 31NA0992911
Source
Crexi
Added: May 21 Updated: Jul 20 at 4:34PM Checked: Jul 21 at 5:44AM
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 Capri Jet Realty Corp
Investment Insights
Based on property information with market context.
This legal two-family home is currently functioning as a single-family floor plan, set on a corner lot. The interior features an open first floor with a sunlit living and dining area, along with a sizable custom kitchen offering ample cabinet storage and stainless steel appliances, including two wine refrigerators. The first level also includes two full bathrooms, a coat closet, and a side exit to the house, plus glass doors from the kitchen to a backyard deck. A few steps down from the deck leads to the backyard and a parking space for one vehicle.
On the second floor, there are four bedrooms, including a primary suite with an en suite bathroom featuring a large soaking tub and a built-out walk-in closet. Another bedroom has access to its own full bathroom, which is also reachable from the hallway; the remaining two bedrooms provide additional storage and room for queen-size beds.
A large, fully finished basement includes a kitchenette, full bathroom, storage room, and an open-plan area well suited for recreation space. The property is zoned R3X with FAR 0.49 and max FAR 0.75. Building size is listed as 25 x 45 feet and lot size as 40 x 100 feet.
On the second floor, there are four bedrooms, including a primary suite with an en suite bathroom featuring a large soaking tub and a built-out walk-in closet. Another bedroom has access to its own full bathroom, which is also reachable from the hallway; the remaining two bedrooms provide additional storage and room for queen-size beds.
A large, fully finished basement includes a kitchenette, full bathroom, storage room, and an open-plan area well suited for recreation space. The property is zoned R3X with FAR 0.49 and max FAR 0.75. Building size is listed as 25 x 45 feet and lot size as 40 x 100 feet.
Key Highlights
- Legal 2‑family home operating as a single‑family floor plan with four bedrooms and five full bathrooms
- Open first‑floor layout with living and dining areas plus a sizable custom kitchen with stainless steel appliances and 2 wine refrigerators
- Second floor includes a primary suite with en‑suite bath (large soaking tub) and a built‑out walk‑in closet, plus three additional bedrooms and 2 full baths
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 | $90.9k | $46.20 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $87.5k | $44.44 |
| − OpEx | −$39.4k | −$20.00 |
| NOI | $48.1k | $24.44 |
1,968 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$687.2K
$601.3K – $801.8K
NOI $48,107 @ 7.0% cap · market cap 4.37%
Second Best
Multifamily LT 5
$465.3K
$407.2K – $542.9K
NOI $32,574 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,558 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legal 2-family residence operates as a single-family layout with four bedrooms, five full bathrooms, and a finished basement.
Where is this duplex located?
The property is located at 98-19 160th Avenue Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Legal 2‑family home operating as a single‑family floor plan with four bedrooms and five full bathrooms; Open first‑floor layout with living and dining areas plus a sizable custom kitchen with stainless steel appliances and 2 wine refrigerators; Second floor includes a primary suite with en‑suite bath (large soaking tub) and a built‑out walk‑in closet, plus three additional bedrooms and 2 full baths
