Renovated Two-Bedroom
103-30 68th Avenue 2-F, Queens, NY 11375
For Sale
$499,000
The home has separate living and dining spaces alongside an eat-in kitchen with custom cabinetry and quartz counters.
Property Size1,000 SF
Price / SF$499
Days on Market83
Property Features for 103-30 68th Avenue 2-F
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Avenue
Listed By:
Shari Markoff
(917) 692-3040
Source:
Dallien
Added: Aug 19
Changed: Nov 8
Last Checked: Nov 8 at 8:27PM
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 Avenue
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Investment Insights
Based on property information with market context.
This 1,000-square-foot apartment offers two bedrooms and one bathroom, with a living room and distinct dining area. The eat-in kitchen has custom cabinetry, quartz countertops, stainless-steel appliances, and storage. Other interior features include updated bathroom finishes, new flooring, custom moldings, ample closets, and natural light. The building dates to 1949.
At 103-30 68th Avenue in Forest Hills, the property is near subway service, express buses to Manhattan, and the LIRR. Parks, shops, and restaurants along Austin Street are also in the surrounding area. The apartment is zoned for P.S. 196.
At 103-30 68th Avenue in Forest Hills, the property is near subway service, express buses to Manhattan, and the LIRR. Parks, shops, and restaurants along Austin Street are also in the surrounding area. The apartment is zoned for P.S. 196.
Key Highlights
- Two bedrooms and one bathroom in 1,000 square feet
- Renovated eat‑in kitchen with custom cabinetry, quartz countertops, and stainless‑steel appliances
- Separate living room and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,444
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,880
$488.9K
Cap Rate 7%
$349,200
$349.2K
Cap Rate 9%
$271,600
$271.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$46.2K $46.20/SF
− Vacancy
−$1.8K −$1.76/SF
EGI
$44.4K $44.44/SF
− OpEx
−$20.0K −$20.00/SF
NOI
$24.4K $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%
$488,880
Cap Rate 7%
$349,200
Cap Rate 9%
$271,600
Alternative Uses
Best Use
Apartment 5plus
$349.2K
$305.6K – $407.4K
NOI $24,444 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.2K
$645.1K – $860.1K
NOI $51,605 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 11375, NY
72,851
Population
35,415
Households
2.1
Avg Household Size
43
Median Age
61%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
30,355
Density / Sq Mi
$104,319
Median Household Income
$75,149
Median Earnings
$2,126
Median Rent
$572,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Queens, NY
Properties on Market for Residential income properties in Queens
Frequently Asked Questions
What type of property is this?
Residential income property - The home has separate living and dining spaces alongside an eat-in kitchen with custom cabinetry and quartz counters.
Where is this residential income property located?
The property is located at 103-30 68th Avenue 2-F Queens, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom in 1,000 square feet; Renovated eat‑in kitchen with custom cabinetry, quartz countertops, and stainless‑steel appliances; Separate living room and dining area
