Renovated Residential
134-05 Dahlia Avenue 1-C, Queens, NY 11355
For Sale
$645,000
The unit features hardwood flooring, a modernized kitchen, and access to an on-site laundry room.
Property Size880 SF
Price / SF$732.95
Days on Market103
Property Features for 134-05 Dahlia Avenue 1-C
General Information
Standard status
Size
Property subtype
Additional Details
HOA Fee
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
on-site laundry room
Building Details
Building Size
Year Built
Listing Agency:
David Francis New York LLC
Listed By:
David F Calderazzo · License NY #10491204249
(212) 828-0492
Source:
Irynaferenets
Added: Jul 30
Changed: Nov 7
Last Checked: Nov 8 at 2:14PM
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 David Francis New York LLC
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Investment Insights
Based on property information with market context.
This renovated condominium offers 2 bedrooms and 2 bathrooms across approximately 880 square feet. Hardwood floors run throughout, and the kitchen is equipped with modern appliances, including a dishwasher. Residents also have access to an on-site laundry room.
The building dates to 1965 and sits directly across from the Queens Botanical Garden. Main Street, the LIRR station, shopping, dining, parks, and schools are also nearby.
The building dates to 1965 and sits directly across from the Queens Botanical Garden. Main Street, the LIRR station, shopping, dining, parks, and schools are also nearby.
Key Highlights
- 2 bedrooms and 2 bathrooms in approximately 880 square feet
- Renovated interior with hardwood flooring throughout
- Updated kitchen includes a dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,511
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,220
$430.2K
Cap Rate 7%
$307,300
$307.3K
Cap Rate 9%
$239,011
$239.0K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$40.7K $46.20/SF
− Vacancy
−$1.5K −$1.76/SF
EGI
$39.1K $44.44/SF
− OpEx
−$17.6K −$20.00/SF
NOI
$21.5K $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%
$430,220
Cap Rate 7%
$307,300
Cap Rate 9%
$239,011
Alternative Uses
Best Use
Apartment 5plus
$307.3K
$268.9K – $358.5K
NOI $21,511 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.7K
$567.7K – $756.9K
NOI $45,412 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,813
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Queens, NY
Properties on Market for Residential income properties in Queens
Frequently Asked Questions
What type of property is this?
Residential income property - The unit features hardwood flooring, a modernized kitchen, and access to an on-site laundry room.
Where is this residential income property located?
The property is located at 134-05 Dahlia Avenue 1-C Queens, NY.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 2 bedrooms and 2 bathrooms in approximately 880 square feet; Renovated interior with hardwood flooring throughout; Updated kitchen includes a dishwasher
