13870 Elder Avenue Flushing, NY 11355
SINGLE_FAMILY - Flushing, NY
- Added:
- Jun 9, 2026
- Days on Market:
- 34
- Last Refresh:
- Jul 12 at 4:06 pm
Property Features for 13870 Elder Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- R7-1
- Rooms
- Basement
- Basement
- Finished
- Standard status
- Active
- APN
- 05145-0055
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Year
- 2027
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1963
Listing agent Faye Young (917) 379-4333
Listing office Forward NY Real Estate Corp 3707 Main St Ste 313, Flushing, NY (917) 535-5767
Listing date Jun 9, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 13870 Elder Avenue in Flushing, Queens, New York 11355. The parcel is listed at approximately 0.7897 acres, and the property is identified with zoning R7-1.
For buyers evaluating owner-occupied or investment use, this offering is most straightforward for a party prepared to acquire the property with the current tenant already in possession. Because the unit is currently rented and the buyer must take the tenant, prospective purchasers should plan for continuity of occupancy following closing. The specific square footage provided applies to the unit, and the zoning designation and lot size may be relevant to a buyer’s review of permitted use and operating considerations under R7-1.
Key Highlights
- About 750 sq ft unit that is currently rented; buyer must take the tenant
- Heating: natural gas
- Cooling: electric
Local Financial Insights For Office B
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 | $37.8k | $50.40 |
| − Vacancy | −$4.9k | −$6.50 |
| EGI | $32.9k | $43.90 |
| − OpEx | −$8.2k | −$10.97 |
| NOI | $24.7k | $32.92 |
