Residential Income
249-33 64th Avenue 1, Queens, NY 11362
For Sale
$380,000
The 875-square-foot unit has two bedrooms, an in-unit washer and dryer, and access to community amenities.
Property Size875 SF
Price / SF$434.29
Days on Market95
Property Features for 249-33 64th Avenue 1
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Public Transit
Amenities
in-unit washer and dryer
on-site parking
playgrounds
sprinkler park
community room
Building Details
Building Size
Year Built
Listing Agency:
Laffey Real Estate NYC LLC
Listed By:
Philip C Laffey · License NY #10491206601
(516) 626-1500
Source:
Archpointadvisory
Added: Aug 7
Changed: Nov 9
Last Checked: Nov 8 at 6:15PM
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 Laffey Real Estate NYC LLC
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Investment Insights
Based on property information with market context.
Built in 1952, this 875-square-foot lower-level corner unit has two bedrooms, a dining area beside the kitchen, and a bathroom. The kitchen features granite countertops and ample cabinetry; recessed lighting and an in-unit washer and dryer are also included.
Community amenities include on-site parking, playgrounds, a sprinkler park, and a community room. The property is in Deepdale Gardens in Little Neck, near shopping, restaurants, schools, parks, and public transportation.
Community amenities include on-site parking, playgrounds, a sprinkler park, and a community room. The property is in Deepdale Gardens in Little Neck, near shopping, restaurants, schools, parks, and public transportation.
Key Highlights
- 875‑square‑foot lower corner unit
- Two bedrooms with closet space
- Kitchen with granite countertops and ample cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,389
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,780
$427.8K
Cap Rate 7%
$305,557
$305.6K
Cap Rate 9%
$237,656
$237.7K
Market Conditions
NOI Build-Up for 875 SF
Gross rent
$40.4K $46.20/SF
− Vacancy
−$1.5K −$1.76/SF
EGI
$38.9K $44.44/SF
− OpEx
−$17.5K −$20.00/SF
NOI
$21.4K $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%
$427,780
Cap Rate 7%
$305,557
Cap Rate 9%
$237,656
Alternative Uses
Best Use
Apartment 5plus
$305.6K
$267.4K – $356.5K
NOI $21,389 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$645.1K
$564.4K – $752.6K
NOI $45,154 @ 7.0% cap · market cap 11.88%
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
891
Businesses Nearby
Explore this area
Business Placement
Demographics for 11362, NY
18,139
Population
7,634
Households
2.4
Avg Household Size
48
Median Age
52%
College-Educated
93%
High-School Grad
2.1 sq mi
ZIP Area
8,638
Density / Sq Mi
$118,989
Median Household Income
$62,132
Median Earnings
$2,548
Median Rent
$634,500
Median Home Value
Market
Average Price Trend$/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 - The 875-square-foot unit has two bedrooms, an in-unit washer and dryer, and access to community amenities.
Where is this residential income property located?
The property is located at 249-33 64th Avenue 1 Queens, NY.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 875‑square‑foot lower corner unit; Two bedrooms with closet space; Kitchen with granite countertops and ample cabinetry
