Pet-Friendly Condo in Prime
70-07 E Park Drive #A Kew Garden Flushing, NY 11367
For Sale
$425,000
Queens condo with new kitchen, parking, and pet-friendly amenities.
Property Size637 SF
Price / SF$667.19
Days on Market449
Property Features for 70-07 E Park Drive #A Kew Garden
General Information
Standard status
Active
Size
637 SF
Property subtype
Condominium
Building Details
Year Built
1950
Listing Agency:
Keller Williams Realty of Greater Nassau
(347) 683-7563
Listed By:
David Lau · License #10301224218
(347) 683-7563
Source:
Kw
Added: May 8, 2025
Changed: Jul 6
Last Checked: Jul 29 at 12:44PM
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 Keller Williams Realty of Greater Nassau
Investment Insights
Based on property information with market context.
This pet-friendly garden condo is located in the heart of Queens. The unit features a brand new kitchen with quartz countertops and stainless steel appliances, as well as 2 new air conditioners. Onsite amenities include parking, an on-site maintenance crew and management staff, and garden courtyards. The monthly common charges of $529 cover heat, hot water, landscaping, and trash and snow removal. Local and express buses are located two blocks away. The property is near Flushing Meadows Park, home of the US Open Tennis tournament and the historic World's Fair, and is also located minutes from the Long Island Expressway, Van Wyck Expressway, Grand Central Parkway, and Jackie Robinson Parkway. The unit has an option to purchase a 2-car garage for an additional $45,000. The property size is 637 square feet.
Key Highlights
- Pet‑friendly condo in Queens.
- Includes on‑site parking.
- Brand new kitchen with quartz countertops and stainless steel appliances.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $46.20 |
| − Vacancy | −$1.1k | −$1.76 |
| EGI | $28.3k | $44.44 |
| − OpEx | −$12.7k | −$20.00 |
| NOI | $15.6k | $24.44 |
637 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$222.4K
$194.6K – $259.5K
NOI $15,571 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$469.6K
$410.9K – $547.9K
NOI $32,872 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Queens condo with new kitchen, parking, and pet-friendly amenities.
Where is this apartment building located?
The property is located at 70-07 E Park Drive #A Kew Garden Flushing, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Pet‑friendly condo in Queens.; Includes on‑site parking.; **Brand new kitchen with quartz countertops and stainless steel appliances.**
