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Spacious Co-op with Terrace
For Sale
$435,000
Pending

110-20 71st St 219, Queens, NY 11375

Large 2-bedroom co-op with terrace in doorman building.

Property Size1,100 SF
Days on Market308

Property Features for 110-20 71st St 219

General Information

Standard status Pending
Size 1,100 SF
Property subtype Residential

Building Details

Building Size 1,100 SF
Year Built 1956
Listing Agency: Ben Bay Realty Co
Listed By: Salvatore F. Girgenti
Source: Elliman
Added: Dec 3, 2025 Changed: Oct 4 Last Checked: Oct 5 at 7:25PM

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 Ben Bay Realty Co

Investment Insights

Based on property information with market context.

This is a large 2-bedroom co-op located in Barclay Plaza, a 24-hour doorman building. The apartment features hardwood floors throughout and frosted glass doors for each bedroom and bathroom. It includes a spacious living room, a dining room, two large bedrooms, a kitchen, a bathroom, and a front-facing terrace approximately 20 feet long. On-site amenities include a laundry room. An indoor parking garage is available with a waitlist, as well as a storage unit. The property is located close to schools, including P.S. 196, Austin Street, restaurants, and transportation.

Key Highlights

  • Large 2‑bedroom co‑op with a spacious living room and dining room.
  • 24‑hour doorman building (Barclay Plaza) providing security and convenience.
  • Enjoy outdoor living on the large, front‑facing terrace (approximately 20 feet long).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,889
Cap Rate
6.18%
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 (±1% cap)
NOI $26,889 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K (±1% cap)
NOI $56,765 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Hotel & Motel Furniture & Home Goods Auto Parts Store Barber Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,472
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Large 2-bedroom co-op with terrace in doorman building.
Where is this apartment building located?
The property is located at 110-20 71st St 219 Queens, NY.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Large 2‑bedroom co‑op with a spacious living room and dining room.; 24‑hour doorman building (Barclay Plaza) providing security and convenience.; Enjoy outdoor living on the large, front‑facing terrace (approximately 20 feet long).
More about this property
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