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Woodside Apartment with City Views
For Sale
$285,000
Pending

3015 Hobart St 4F, Queens, NY 11377

Well-maintained one-bedroom apartment in Woodside near Astoria.

Property Size650 SF
Days on Market310

Property Features for 3015 Hobart St 4F

General Information

Standard status Pending
Size 650 SF
Property subtype Residential

Building Details

Building Size 650 SF
Year Built 1935
Listed By: Victor J. Feijoo
Source: Elliman
Added: Dec 3, 2025 Changed: Sep 29 Last Checked: Oct 7 at 1:58PM

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 Victor J. Feijoo

Investment Insights

Based on property information with market context.

This well-maintained one-bedroom apartment in Woodside, near the Astoria border, features city views. The apartment includes a roomy breakfast countertop nook for dining and excellent sunlight. The property is part of Boulevard Gardens, which offers a large community feeling. Amenities include direct laundry access, a designated picnic area, a children's playground, an onsite super, and a management office. The location provides convenient access to transportation and shops. The property is close to a park, railroad, bus lines, shops, and schools.

Key Highlights

  • City views and excellent sunlight fill this home.
  • Convenient location near transportation, shops, parks, and schools.
  • Direct laundry access for added convenience.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,889
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,780 $317.8K
Cap Rate 7%
$226,986 $227.0K
Cap Rate 9%
$176,544 $176.5K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$30.0K $46.20/SF
− Vacancy
−$1.1K −$1.76/SF
EGI
$28.9K $44.44/SF
− OpEx
−$13.0K −$20.00/SF
NOI
$15.9K $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%
$317,780
Cap Rate 7%
$226,986
Cap Rate 9%
$176,544

Alternative Uses

Best Use
Apartment 5plus
$227.0K
$198.6K – $264.8K (±1% cap)
NOI $15,889 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.2K
$419.3K – $559.1K (±1% cap)
NOI $33,543 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel 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

3,752
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
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 - Well-maintained one-bedroom apartment in Woodside near Astoria.
Where is this apartment building located?
The property is located at 3015 Hobart St 4F Queens, NY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: City views and excellent sunlight fill this home.; Convenient location near transportation, shops, parks, and schools.; Direct laundry access for added convenience.
More about this property
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