Corner Showplace with Panoramic
For Sale
$869,000
27110 Grand Central Pkwy 33D, Queens, NY 11005
Corner apartment with designer kitchen, balconies, and golf course views.
Property Size1,719 SF
Days on Market339
Property Features for 27110 Grand Central Pkwy 33D
General Information
Standard status
Active
Size
1,719 SF
Property subtype
Residential
Building Details
Building Size
1,719 SF
Year Built
1975
Listing Agency:
NSTowers Inc
Listed By:
Linda D. Rappaport · License #10311209980
(718) 423-3130
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 26
Last Checked: Nov 1 at 5:31AM
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 NSTowers Inc
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Investment Insights
Based on property information with market context.
This corner apartment features an award-winning designer eat-in kitchen and wood floors throughout. The property includes open entertaining rooms, two bedrooms, and 2.5 bathrooms with a stall shower. Two balconies and a large terrace overlook panoramic views of a golf course and lake. The property is located in Queens, NY.
Key Highlights
- Corner unit with PANORAMIC VIEWS of golf and lake.
- Award‑winning DESIGNER EAT‑IN KITCHEN.
- Enjoy TWO BALCONIES and a large terrace.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,020
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,400
$840.4K
Cap Rate 7%
$600,286
$600.3K
Cap Rate 9%
$466,889
$466.9K
Market Conditions
NOI Build-Up for 1,719 SF
Gross rent
$79.4K $46.20/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$76.4K $44.44/SF
− OpEx
−$34.4K −$20.00/SF
NOI
$42.0K $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%
$840,400
Cap Rate 7%
$600,286
Cap Rate 9%
$466,889
Alternative Uses
Best Use
Apartment 5plus
$600.3K
$525.3K – $700.3K
NOI $42,020 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,709 @ 7.0% cap · market cap 10.21%
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
861
Businesses Nearby
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Business Placement
Demographics for 11005, NY
1,945
Population
2,011
Households
1
Avg Household Size
81
Median Age
71%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
9,725
Density / Sq Mi
$91,719
Median Household Income
$92,656
Median Earnings
$2,179
Median Rent
$620,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Corner apartment with designer kitchen, balconies, and golf course views.
Where is this apartment building located?
The property is located at 27110 Grand Central Pkwy 33D Queens, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Corner unit with PANORAMIC VIEWS of golf and lake.; Award‑winning DESIGNER EAT‑IN KITCHEN.; Enjoy TWO BALCONIES and a large terrace.
