First-Floor Co-op
105-33 66th Avenue 1G, Queens, NY 11375
For Sale
$230,000
Hardwood floors, oversized windows and three closets complement a windowed full bathroom.
Property Size695 SF
Price / SF$330.94
Days on Market151
Property Features for 105-33 66th Avenue 1G
General Information
Standard status
Size
Elevators
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
elevators
laundry rooms
basement storage
voice intercom system
outdoor seating areas
secured parking garage
Building Details
Year Built
Listing Agency:
All Area Brokerage Inc
Listed By:
Christopher Desilva
(212) 721-0707
Source:
Irynaferenets
Added: Jun 12
Changed: Nov 7
Last Checked: Nov 9 at 2:06PM
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 All Area Brokerage Inc
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Investment Insights
Based on property information with market context.
This first-floor, one-bedroom co-op residence offers approximately 695 square feet, with a living room, bedroom, hardwood floors, oversized windows, three closets and a windowed full bathroom. The apartment has scope for a buyer to update the interiors. Verona Estates comprises eight buildings on landscaped grounds, with elevators, laundry rooms, basement storage, voice intercom and outdoor seating. A secured parking garage is available by waitlist; the community also has on-site superintendents and porters.
Shopping and dining are available along 108th Street and Queens Boulevard, with parks and schools also nearby. Transit options include the LIRR, subway lines, express buses QM12 and QM42 two blocks away, and the Q23 at 108th Street and 66th Avenue. Pets are permitted with board approval, subject to a 40 lb. maximum. There is no flip tax, and the minimum down payment is 10%. Monthly maintenance excludes electricity.
Shopping and dining are available along 108th Street and Queens Boulevard, with parks and schools also nearby. Transit options include the LIRR, subway lines, express buses QM12 and QM42 two blocks away, and the Q23 at 108th Street and 66th Avenue. Pets are permitted with board approval, subject to a 40 lb. maximum. There is no flip tax, and the minimum down payment is 10%. Monthly maintenance excludes electricity.
Key Highlights
- Approximately 695 square feet with one bedroom
- First‑floor unit with hardwood floors, oversized windows and three closets
- Windowed full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,989
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,780
$339.8K
Cap Rate 7%
$242,700
$242.7K
Cap Rate 9%
$188,767
$188.8K
Market Conditions
NOI Build-Up for 695 SF
Gross rent
$32.1K $46.20/SF
− Vacancy
−$1.2K −$1.76/SF
EGI
$30.9K $44.44/SF
− OpEx
−$13.9K −$20.00/SF
NOI
$17.0K $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%
$339,780
Cap Rate 7%
$242,700
Cap Rate 9%
$188,767
Alternative Uses
Best Use
Apartment 5plus
$242.7K
$212.4K – $283.2K
NOI $16,989 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.4K
$448.3K – $597.8K
NOI $35,865 @ 7.0% cap · market cap 15.59%
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 - Hardwood floors, oversized windows and three closets complement a windowed full bathroom.
Where is this residential income property located?
The property is located at 105-33 66th Avenue 1G Queens, NY.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Approximately 695 square feet with one bedroom; First‑floor unit with hardwood floors, oversized windows and three closets; Windowed full bathroom
