Residential Income Co-op
For Sale
$325,000
21-05 33rd Street 21-58 35th St. #4G, Queens, NY 11105
Bright two-bedroom, one-bath co-op with windows in every room and flexible living and dining space.
Property Size950 SF
Price / SF$342.11
Days on Market78
Property Features for 21-05 33rd Street 21-58 35th St. #4G
General Information
Standard status
Active
Size
950 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Building Details
Building Size
950 SF
Year Built
1923
Listing Agency:
Redfin Real Estate
(862) 373-6775
Listed By:
MICHAEL A ALTILIO
(862) 373-6775
Source:
Howardhannanyc
Added: May 15
Changed: Jul 30
Last Checked: Jul 30 at 11:07AM
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 Redfin Real Estate
Investment Insights
Based on property information with market context.
Bright and spacious two-bedroom, one-bath co-op at 21-58 35th St. #4G in Astoria, Queens. The layout is filled with natural light, with windows in every room. The expansive living and dining areas offer flexibility for everyday living, entertaining, or working from home. Both bedrooms include large mirrored-door closets for generous storage. The kitchen features abundant cabinet storage for easy organization and comfortable meal prep.
Built in 1923, this co-op is positioned in the heart of Astoria, placing you moments from local restaurants, cafes, nightlife, and cultural attractions. Public transportation is conveniently nearby for commuting to Manhattan. Frequent travelers will appreciate the close proximity to LaGuardia Airport, and outdoor time is easy with Astoria Park nearby, offering waterfront views, trails, tennis courts, basketball courts, a track, a playground, and NYC’s oldest and largest public pool.
Built in 1923, this co-op is positioned in the heart of Astoria, placing you moments from local restaurants, cafes, nightlife, and cultural attractions. Public transportation is conveniently nearby for commuting to Manhattan. Frequent travelers will appreciate the close proximity to LaGuardia Airport, and outdoor time is easy with Astoria Park nearby, offering waterfront views, trails, tennis courts, basketball courts, a track, a playground, and NYC’s oldest and largest public pool.
Key Highlights
- Two‑bedroom, one‑bath co‑op at 21‑58 35th St. #4G
- Windows in every room for natural light throughout
- Large mirrored‑door closets in both bedrooms
Financial Insights For Apartment 5plus
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 | $43.9k | $46.20 |
| − Vacancy | −$1.7k | −$1.76 |
| EGI | $42.2k | $44.44 |
| − OpEx | −$19.0k | −$20.00 |
| NOI | $23.2k | $24.44 |
950 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$331.7K
$290.3K – $387.0K
NOI $23,222 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.4K
$612.8K – $817.1K
NOI $49,025 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
6,176
Businesses Nearby
Explore this area
Business Placement
Demographics for 11105, NY
38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Queens, NY
Properties on Market for Residential income properties in Queens
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Bright two-bedroom, one-bath co-op with windows in every room and flexible living and dining space.
Where is this residential income property located?
The property is located at 21-05 33rd Street 21-58 35th St. #4G Queens, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath co‑op at 21‑58 35th St. #4G; Windows in every room for natural light throughout; Large mirrored‑door closets in both bedrooms
