Updated Apartment with
For Sale
$370,000
166-31 9th Ave 6A, Queens, NY 11357
Apartment featuring updated kitchen, bathroom, and private balcony.
Property Size1,000 SF
Days on Market315
Property Features for 166-31 9th Ave 6A
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Residential
Building Details
Building Size
1,000 SF
Year Built
1958
Listed By:
Patricia Gottlieb · License #10301205388
(917) 538-2172
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 25
Last Checked: Oct 7 at 1:59PM
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 Patricia Gottlieb
Investment Insights
Based on property information with market context.
This apartment features an open concept layout with ample natural light. The updated kitchen includes maple cabinets, stainless steel appliances, and stone countertops. The living room and dining room feature ceramic tile and carpet. The bathroom has been updated with built-in storage. The unit includes multiple closets for storage and a private balcony. A prime parking space is available for transfer. The Le Havre community includes 2 outdoor swimming pools, a clubhouse with a gym and cafe, 3 har-tru tennis courts, and 2 playgrounds. The property is located in close proximity to amenities, express bus service to NYC, and mass transportation.
Key Highlights
- Updated kitchen with maple cabinets, stainless steel appliances, and stone countertops.
- Le Havre amenities include 2 outdoor swimming pools, a club house with gym & cafe, 3 hartru tennis courts and 2 playgrounds.
- Prime parking space available for transfer.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,444
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,880
$488.9K
Cap Rate 7%
$349,200
$349.2K
Cap Rate 9%
$271,600
$271.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$46.2K $46.20/SF
− Vacancy
−$1.8K −$1.76/SF
EGI
$44.4K $44.44/SF
− OpEx
−$20.0K −$20.00/SF
NOI
$24.4K $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%
$488,880
Cap Rate 7%
$349,200
Cap Rate 9%
$271,600
Alternative Uses
Best Use
Apartment 5plus
$349.2K
$305.6K – $407.4K
NOI $24,444 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.2K
$645.1K – $860.1K
NOI $51,605 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment featuring updated kitchen, bathroom, and private balcony.
Where is this apartment building located?
The property is located at 166-31 9th Ave 6A Queens, NY.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Updated kitchen with maple cabinets, stainless steel appliances, and stone countertops.; Le Havre amenities include 2 outdoor swimming pools, a club house with gym & cafe, 3 hartru tennis courts and 2 playgrounds.; Prime parking space available for transfer.
