Multifamily Property with Private
For Sale
$679,999
Pending
12212 6th Avenue, College Point, NY 11356
Residential income property with off-street parking, a garden, and original natural woodwork.
Property Size1,296 SF
Days on Market214
Property Features for 12212 6th Avenue
General Information
Standard status
Pending
Size
1,296 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,431
Amenities
Hot Water
Eat-in Kitchen, Natural Woodwork
Driveway, Off Street, Private
Garden
Building Details
Building Size
1,296 SF
Year Built
1935
Listing Agency:
Suydam Agency Inc.
Listed By:
Anthony Skoros · License #31SK1151456
(718) 359-3964
Source:
Evrealestate
Added: Mar 21
Changed: Oct 16
Last Checked: Oct 19 at 5:44AM
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 Suydam Agency Inc.
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Investment Insights
Based on property information with market context.
This multifamily property, built in 1935, includes hot water, an eat-in kitchen, and natural woodwork. Exterior features include a private driveway, off-street parking, and a garden.
The property is located at 12212 6th Avenue in College Point, Queens, with access via College Point Boulevard to 6th Avenue.
The property is located at 12212 6th Avenue in College Point, Queens, with access via College Point Boulevard to 6th Avenue.
Key Highlights
- Built in 1935
- Private driveway with off‑street parking
- Garden area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,680
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,600
$633.6K
Cap Rate 7%
$452,571
$452.6K
Cap Rate 9%
$352,000
$352.0K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$59.9K $46.20/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$57.6K $44.44/SF
− OpEx
−$25.9K −$20.00/SF
NOI
$31.7K $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%
$633,600
Cap Rate 7%
$452,571
Cap Rate 9%
$352,000
Alternative Uses
Best Use
Apartment 5plus
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$955.4K
$836.0K – $1.11M
NOI $66,880 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property with off-street parking, a garden, and original natural woodwork.
Where is this multifamily property located?
The property is located at 12212 6th Avenue College Point, NY.
What is the asking price?
The asking price for this property is $679,999.
What are key features of this property?
This property features: Built in 1935; Private driveway with off‑street parking; Garden area
