Furnished Co-Living
For Sale
Contact for pricing
2b-4036 77 Street, Elmhurst, NY 11373
Private rooms include individual bathrooms, furnishings, and access to shared kitchenette facilities.
Property Size2,964 SF
Price / SF$0.61
Days on Market47
Property Features for 2b-4036 77 Street
General Information
Standard status
Active
Size
2,964 SF
Property subtype
Residential Income
Additional Details
Furnished
Yes
Public Transit
Yes
Amenities
laundry in building
shared kitchenette on each floor
Listing Agency:
BC Realty Group LLC
Listed By:
Anny Yau · License #823004448
(347) 921-2111
Source:
Exprealty
Added: Aug 31
Changed: Oct 11
Last Checked: Oct 15 at 12:08AM
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 BC Realty Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,964-square-foot co-living property offers renovated, furnished private rooms, each with its own bathroom. Room furnishings include a bed frame and mattress, television, and mini refrigerator. Residents share kitchenette facilities on each floor, and laundry is available in the building. Utilities and Wi-Fi are included.
The property is near the Jackson Heights–Roosevelt Avenue and 74th Street–Broadway transit hub, with access to E and F express trains, the M, R, and 7 subway lines, and multiple bus routes. The E train connects to Jamaica for access to the JFK AirTrain, while Q70 SBS service connects to LaGuardia Airport. Grocery stores, restaurants, and shopping are found along Roosevelt Avenue, Broadway, and the 74th Street shopping district.
The property is near the Jackson Heights–Roosevelt Avenue and 74th Street–Broadway transit hub, with access to E and F express trains, the M, R, and 7 subway lines, and multiple bus routes. The E train connects to Jamaica for access to the JFK AirTrain, while Q70 SBS service connects to LaGuardia Airport. Grocery stores, restaurants, and shopping are found along Roosevelt Avenue, Broadway, and the 74th Street shopping district.
Key Highlights
- 2,964‑square‑foot co‑living property
- Renovated private furnished rooms with individual bathrooms
- Rooms include a bed frame and mattress, television, and mini refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,453
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,060
$1.4M
Cap Rate 7%
$1,035,043
$1.0M
Cap Rate 9%
$805,033
$805.0K
Market Conditions
NOI Build-Up for 2,964 SF
Gross rent
$136.9K $46.20/SF
− Vacancy
−$5.2K −$1.76/SF
EGI
$131.7K $44.44/SF
− OpEx
−$59.3K −$20.00/SF
NOI
$72.5K $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%
$1,449,060
Cap Rate 7%
$1,035,043
Cap Rate 9%
$805,033
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$905.7K – $1.21M
NOI $72,453 @ 7.0% cap · market cap 4,025.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $152,957 @ 7.0% cap · market cap 8,497.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Private rooms include individual bathrooms, furnishings, and access to shared kitchenette facilities.
Where is this multifamily property located?
The property is located at 2b-4036 77 Street Elmhurst, NY.
What are key features of this property?
This property features: 2,964‑square‑foot co‑living property; Renovated private furnished rooms with individual bathrooms; Rooms include a bed frame and mattress, television, and mini refrigerator
