Oversized Coop Apartment in
For Sale
$185,000
Pending
65-05 Yellowstone Blvd 6C, Queens, NY 11375
Spacious one-bedroom coop with conversion potential in Forest Hills.
Property Size500 SF
Days on Market315
Property Features for 65-05 Yellowstone Blvd 6C
General Information
Standard status
Pending
Size
500 SF
Property subtype
Residential
Building Details
Building Size
500 SF
Year Built
1949
Listed By:
Tomer Hatuka ABR
(917) 567-4664
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 27
Last Checked: Oct 7 at 1:16PM
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 Tomer Hatuka ABR
Investment Insights
Based on property information with market context.
Located on Yellowstone Blvd in Forest Hills, this oversized one-bedroom coop in Continental Gardens offers the potential to be converted into a two-bedroom apartment. The unit features hardwood floors, a separate dining alcove suitable for conversion into a second bedroom, and a large eat-in kitchen. The kitchen is equipped with white cabinets, white appliances, including a dishwasher, and a window. Large windows provide ample sunlight throughout the apartment. The bathroom features white tiles and a window. There is great closet space throughout the unit. The building includes an elevator, a laundry room, a private large courtyard, and a live-in superintendent.
Key Highlights
- Oversized one‑bedroom Coop convertible to a two‑bedroom apartment.
- Separate dining alcove suitable for conversion into a 2nd bedroom.
- Large, separate eat‑in kitchen with white cabinets, white appliances, and a window.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,222
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,440
$244.4K
Cap Rate 7%
$174,600
$174.6K
Cap Rate 9%
$135,800
$135.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$23.1K $46.20/SF
− Vacancy
−$878 −$1.76/SF
EGI
$22.2K $44.44/SF
− OpEx
−$10.0K −$20.00/SF
NOI
$12.2K $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%
$244,440
Cap Rate 7%
$174,600
Cap Rate 9%
$135,800
Alternative Uses
Best Use
Apartment 5plus
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.6K
$322.5K – $430.0K
NOI $25,802 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Spacious one-bedroom coop with conversion potential in Forest Hills.
Where is this apartment building located?
The property is located at 65-05 Yellowstone Blvd 6C Queens, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Oversized one‑bedroom Coop convertible to a two‑bedroom apartment.; Separate dining alcove suitable for conversion into a 2nd bedroom.; Large, separate eat‑in kitchen with white cabinets, white appliances, and a window.
