$878,000
PENDING

Estimated payment $6,325/month

Total Views 5,999
4 Beds
4 Baths
2,353 Sq Ft
$373 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • New Windows
  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

EASY TO SEE, Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long-time tenantsCurrent income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family investment properties at its price point.Building size: 27X47 +.Interior living sq. ft. space: approx. 2,353 Plus 1,000 sq. ft. finished basement with a permitted three-piece bathroom.The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, primary bedroom with an en suite bath, two additional bedrooms, and a full bath.The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase. It has its own heating zone and baseboard heat. There is an existing full bath, "permitted. "Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.Excellent appearanceSeparate hot boilers and domestic water heaters for each unit

Listing Agent

Jim Powers

Tapestry Real Estate of Queens Brokerage Phone: 718-460-1943 License #31PO0764530 Listed on: 05/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,217

Year Built

  • Built in 1973

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • South Facing Home
  • Vinyl Fence
  • Perimeter Fence
  • Level Lot

Parking

  • 4 Car Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Duplex
  • Cape Cod Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • New Windows
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Drexel Avenue Elementary School
  • Westbury Middle School
  • Westbury High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 399 / 131
  • Assessor Parcel Number 2255-10-131-00-0399-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,217

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1973
  • Attribution Contact: 718-460-1943
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Master Downstairs, Walk-In Closet(s), Formal Dining, Primary Bathroom
  • Full Bathrooms: 4
  • Basement: See Remarks, Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: No
  • Window Features: New Windows
  • Basement YN: Yes

Exterior Features

  • Direction Faces: South
  • Construction Materials: Vinyl Siding, Frame
  • Fencing: Fenced, Perimeter, Vinyl
  • Pool Private: No
  • Spa: No
  • Waterfront: No
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Total Parking Spaces: 4
  • Garage Spaces: 4
  • Garage: No
  • Parking Description: Carport, Covered, Driveway, Private
  • Carport Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Westbury Middle School

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Building Area Total: 2353
  • Lot Features: Near Public Transit, Near Shops, Level
  • Parcel Number: 2255-10-131-00-0399-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 18217.46
  • Tax Block: 131
  • Tax Lot: 399
  • Tax Year: 2025

MLS Schools

  • Elementary School: Drexel Avenue School
  • High School: Westbury High School
  • Middle School District: Westbury

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,385 $582 $252 $330
2024 $3,385 $582 $252 $330
2023 $16,896 $582 $252 $330
2022 $16,896 $582 $252 $330
2021 $17,095 $559 $242 $317
2020 $15,827 $829 $573 $256
2019 $14,341 $829 $573 $256
2018 $14,341 $829 $0 $0
2017 $11,388 $829 $573 $256
2016 $13,926 $829 $573 $256
2015 $2,438 $829 $573 $256
2014 $2,438 $829 $573 $256
2013 $2,304 $829 $573 $256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $878,000 -- $373 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Deed $446,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,200 Unknown
Source: Public Records

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Source: OneKey® MLS

MLS Number: 862538

OneKey® MLS

APN: 2255-10-131-00-0399-0