Multifamily
10221 213th St, Queens Village, NY 11429
For Sale
$1,300,000
The 1930-built property is near shopping, dining, schools and transportation in Queens Village.
Property Size2,856 SF
Price / SF$455.18
Days on Market19
Property Features for 10221 213th St
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
ZI Realty LLC
Listed By:
Linda Michael
(516) 424-7170
Source:
Jaida.mappmyhome
Added: Oct 21
Changed: Nov 7
Last Checked: Nov 7 at 6:13PM
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 ZI Realty LLC
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Investment Insights
Based on property information with market context.
This multifamily property at 10221 213th St in Queens Village contains 2,856 square feet and dates to 1930.
Shopping, dining, schools and transportation are identified among the nearby amenities. The property is in Queens Village, New York.
Shopping, dining, schools and transportation are identified among the nearby amenities. The property is in Queens Village, New York.
Key Highlights
- 2,856‑square‑foot multifamily property
- Built in 1930
- Near shopping, dining, schools and transportation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,813
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,260
$1.4M
Cap Rate 7%
$997,329
$997.3K
Cap Rate 9%
$775,700
$775.7K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$131.9K $46.20/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$126.9K $44.44/SF
− OpEx
−$57.1K −$20.00/SF
NOI
$69.8K $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%
$1,396,260
Cap Rate 7%
$997,329
Cap Rate 9%
$775,700
Alternative Uses
Best Use
Apartment 5plus
$997.3K
$872.7K – $1.16M
NOI $69,813 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,383 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,024
Businesses Nearby
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Business Placement
Demographics for 11429, NY
25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Multifamily properties in Queens Village
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The 1930-built property is near shopping, dining, schools and transportation in Queens Village.
Where is this multifamily property located?
The property is located at 10221 213th St Queens Village, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2,856‑square‑foot multifamily property; Built in 1930; Near shopping, dining, schools and transportation
