Two-Bedroom
For Sale
Contact for pricing
112-15 Francis Lewis Boulevard, Queens Village, NY 11429
The apartment features hardwood flooring, granite countertops, and stainless steel appliances.
Property Size600 SF
Price / SF$4.75
Days on Market31
Property Features for 112-15 Francis Lewis Boulevard
General Information
Standard status
Active
Size
600 SF
Property subtype
Multi-Unit (2-4)
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Amenities
hardwood floor
granite countertop
skylight
ceiling fan
stainless steel appliances
Listing Agency:
Gosen properties
(718) 704-0494
Listed By:
Emmanuel Victor
(718) 598-7374
Source:
Gosenproperties
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 4:06PM
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 Gosen properties
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Investment Insights
Based on property information with market context.
This 600-square-foot apartment has two bedrooms and one bathroom. Interior features include hardwood flooring, granite countertops, a skylight, a ceiling fan, and stainless steel appliances.
The property is at 112-15 Francis Lewis Boulevard in Queens Village, near transportation, supermarkets, and malls.
The property is at 112-15 Francis Lewis Boulevard in Queens Village, near transportation, supermarkets, and malls.
Key Highlights
- 600‑square‑foot apartment with two bedrooms and one bathroom
- Hardwood flooring, granite countertops, and stainless steel appliances
- Skylight and ceiling fan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,667
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,340
$293.3K
Cap Rate 7%
$209,529
$209.5K
Cap Rate 9%
$162,967
$163.0K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$27.7K $46.20/SF
− Vacancy
−$1.1K −$1.76/SF
EGI
$26.7K $44.44/SF
− OpEx
−$12.0K −$20.00/SF
NOI
$14.7K $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%
$293,340
Cap Rate 7%
$209,529
Cap Rate 9%
$162,967
Alternative Uses
Best Use
Apartment 5plus
$209.5K
$183.3K – $244.5K
NOI $14,667 @ 7.0% cap · market cap 514.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.3K
$387.0K – $516.1K
NOI $30,963 @ 7.0% cap · market cap 1,086.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
944
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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Frequently Asked Questions
What type of property is this?
Residential income property - The apartment features hardwood flooring, granite countertops, and stainless steel appliances.
Where is this residential income property located?
The property is located at 112-15 Francis Lewis Boulevard Queens Village, NY.
What are key features of this property?
This property features: 600‑square‑foot apartment with two bedrooms and one bathroom; Hardwood flooring, granite countertops, and stainless steel appliances; Skylight and ceiling fan
