Two-Bedroom Cooperative
220-17 75th Avenue 85A2, Queens, NY 11364
For Sale
$349,000
An in-unit washer, gas cooking, and hardwood floors add practical features to the residence.
Property Size720 SF
Price / SF$484.72
Days on Market158
Property Features for 220-17 75th Avenue 85A2
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Public Transit
Amenities
in-unit washer
hardwood floors
granite countertops
gas cooking
courtyard
recessed lighting
Building Details
Building Size
Year Built
Construction
Listing Agency:
Keller Williams NYC
Listed By:
Lisa Joa Shek · License NY #10401291103
(917) 299-2455
Source:
Archpointadvisory
Added: Jun 5
Changed: Nov 7
Last Checked: Nov 8 at 12:53PM
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 Keller Williams NYC
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Investment Insights
Based on property information with market context.
This 720-square-foot cooperative apartment has two bedrooms and one bathroom, with hardwood floors and an entry hall featuring an arched detail. The living room has two windows and recessed lighting, while both bedrooms include closets. The kitchen is equipped with granite countertops, white cabinetry, subway tile, gas cooking, and an in-unit washer. The bathroom has a tiled tub and vanity storage. The building dates to 1952.
The cooperative community features brick buildings, mature trees, and a courtyard. Nearby transportation includes MTA bus routes Q27 and Q30, express bus service, and the Port Washington Branch of the LIRR, which provides service to Manhattan. Shopping, dining, parks, and schools are also described as nearby.
The cooperative community features brick buildings, mature trees, and a courtyard. Nearby transportation includes MTA bus routes Q27 and Q30, express bus service, and the Port Washington Branch of the LIRR, which provides service to Manhattan. Shopping, dining, parks, and schools are also described as nearby.
Key Highlights
- 720‑square‑foot cooperative apartment with two bedrooms and one bathroom
- Kitchen features granite countertops, gas cooking, and an in‑unit washer
- Hardwood floors, recessed living‑room lighting, and a distinctive arched entry detail
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,600
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,000
$352.0K
Cap Rate 7%
$251,429
$251.4K
Cap Rate 9%
$195,556
$195.6K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$33.3K $46.20/SF
− Vacancy
−$1.3K −$1.76/SF
EGI
$32.0K $44.44/SF
− OpEx
−$14.4K −$20.00/SF
NOI
$17.6K $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%
$352,000
Cap Rate 7%
$251,429
Cap Rate 9%
$195,556
Alternative Uses
Best Use
Apartment 5plus
$251.4K
$220.0K – $293.3K
NOI $17,600 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.8K
$464.4K – $619.3K
NOI $37,155 @ 7.0% cap · market cap 10.65%
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
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 11364, NY
37,032
Population
14,527
Households
2.5
Avg Household Size
45
Median Age
49%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
14,813
Density / Sq Mi
$101,222
Median Household Income
$55,295
Median Earnings
$2,330
Median Rent
$770,100
Median Home Value
Market
Average Price Trend$/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 - An in-unit washer, gas cooking, and hardwood floors add practical features to the residence.
Where is this residential income property located?
The property is located at 220-17 75th Avenue 85A2 Queens, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 720‑square‑foot cooperative apartment with two bedrooms and one bathroom; Kitchen features granite countertops, gas cooking, and an in‑unit washer; Hardwood floors, recessed living‑room lighting, and a distinctive arched entry detail
