11612 148th Street, Jamaica, NY, 11436
About This Home
Appointments only, Serious buyers only Attention, investors and visionaries. Discover the incredible potential of this 2-story, 2-unit multi- family house, 3 bedrooms, 1 full bathroom on each floor, and a finished basement home located in the vibrant South Jamaica neighborhood. Boasting 6,400+ monthly in estimated rental income, this property represents an outstanding opportunity to build your portfolio or create a home with built-in rental offset. Just a 4-minute drive to Jamaica station for effortless LIRR and Airtrain access, and only 8 minutes to JFK Airport. Will be delivered vacant, regular Mortgage, all cash deals.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Natural Woodwork,Open Floorplan,Open Kitchen,Original Details
- Attic: Finished
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,413
- Total interior livable area: 1,413 sqft
Property
Details
- Parcel number: 120070267
- Special condition: None
Lot
- Lot size: 2,000 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,989 | $47,868 |
| Home Insurance * | $243 | $2,916 |
| Property Taxes | $493 | $5,916 |
| Electricity | $246 | $2,954 |
| Total | $4,971 | $59,652 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $789,000 |
| 2026-07-08 | Sold | $537,000 |
| 2025-10-01 | Sold | $532,388 |
| 2013-08-16 | Sold | $10,000 |
| 2005-04-28 | Sold | $445,000 |
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