Residential Income Property with
For Sale
$1,599,000
Pending
155-30 99th Street, Howard Beach, NY 11414
Fenced outdoor space, a driveway, and finished lower-level area support practical residential use.
Property Size2,500 SF
Days on Market204
Property Features for 155-30 99th Street
General Information
Standard status
Pending
Size
2,500 SF
Total Parking Spaces
3
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$8,354
Amenities
Ductless
Hot Water, Natural Gas
Finished, Full
Eat-in Kitchen, Entrance Foyer, Pantry
Fenced, Back Yard, Vinyl
Driveway, Garage
Other
Building Details
Building Size
2,500 SF
Year Built
1978
Listing Agency:
MYNY Residential
Listed By:
Joseph C. Giordano · License #NY10491207694
(917) 650-2647
Source:
Evrealestate
Added: Mar 31
Changed: Oct 14
Last Checked: Oct 19 at 4:36AM
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 MYNY Residential
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Investment Insights
Based on property information with market context.
This residential income property was built in 1978 and includes a garage, driveway, and fenced backyard with vinyl exterior features. Interior details include ductless systems, natural-gas hot water, a finished full basement, an eat-in kitchen, entrance foyer, and pantry.
The property is located at 155-30 99th Street in Howard Beach, Queens, New York.
The property is located at 155-30 99th Street in Howard Beach, Queens, New York.
Key Highlights
- Built in 1978
- Garage and driveway
- Fenced backyard with vinyl exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,111
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,222,220
$1.2M
Cap Rate 7%
$873,014
$873.0K
Cap Rate 9%
$679,011
$679.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$115.5K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$111.1K $44.44/SF
− OpEx
−$50.0K −$20.00/SF
NOI
$61.1K $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%
$1,222,220
Cap Rate 7%
$873,014
Cap Rate 9%
$679,011
Alternative Uses
Best Use
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,012 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 11414, NY
27,320
Population
12,223
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
11,878
Density / Sq Mi
$98,209
Median Household Income
$66,162
Median Earnings
$1,991
Median Rent
$612,800
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
Frequently Asked Questions
What type of property is this?
Residential income property - Fenced outdoor space, a driveway, and finished lower-level area support practical residential use.
Where is this residential income property located?
The property is located at 155-30 99th Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Built in 1978; Garage and driveway; Fenced backyard with vinyl exterior
