Spacious Two Bedroom
For Sale
$335,000
Pending
105-20 66th Ave. 1A, Long Island City, NY 11375
Two bedroom coop in a convenient, well-maintained location.
Property Size1,100 SF
Days on Market317
Property Features for 105-20 66th Ave. 1A
General Information
Standard status
Pending
Size
1,100 SF
Property subtype
Residential
Building Details
Building Size
1,100 SF
Year Built
1935
Listed By:
Non Member-MLS
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 2
Last Checked: Oct 9 at 9:36PM
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 Non Member-MLS
Investment Insights
Based on property information with market context.
This is a spacious two-bedroom coop situated in a convenient location. The property is well maintained and requires some minor improvements. The unit is currently vacant and available for easy showing by appointment.
Key Highlights
- Huge price reduction.
- Vacant and easy to show.
- Spacious two‑bedroom coop.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,889
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,780
$537.8K
Cap Rate 7%
$384,129
$384.1K
Cap Rate 9%
$298,767
$298.8K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$50.8K $46.20/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$48.9K $44.44/SF
− OpEx
−$22.0K −$20.00/SF
NOI
$26.9K $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%
$537,780
Cap Rate 7%
$384,129
Cap Rate 9%
$298,767
Alternative Uses
Best Use
Apartment 5plus
$384.1K
$336.1K – $448.2K
NOI $26,889 @ 7.0% cap · market cap 8.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K
NOI $56,765 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two bedroom coop in a convenient, well-maintained location.
Where is this apartment building located?
The property is located at 105-20 66th Ave. 1A Long Island City, NY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Huge price reduction.; Vacant and easy to show.; Spacious two‑bedroom coop.
