Furnished Co-Living
For Sale
Contact for pricing
3-4036 77th Street, Elmhurst, NY 11373
Private bathrooms accompany individual furnished rooms, while kitchenette facilities are shared by residents on each floor.
Property Size2,964 SF
Price / SF$0.74
Days on Market18
Property Features for 3-4036 77th Street
General Information
Standard status
Active
Size
2,964 SF
Property subtype
Residential Income
Additional Details
Furnished
Yes
Public Transit
Yes
Amenities
air conditioning
wi-fi
shared kitchenette
Listing Agency:
BC Realty Group LLC
Listed By:
Anny Yau · License #823004448
(347) 921-2111
Source:
Exprealty
Added: Sep 29
Changed: Oct 12
Last Checked: Oct 15 at 2:17AM
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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Investment Insights
Based on property information with market context.
Renovated co-living residence in Elmhurst, Queens, with private furnished rooms and private bathrooms. Room furnishings include a bed frame and mattress, air conditioner, and mini refrigerator. Kitchenette facilities are shared on each floor. The property encompasses 2,964 square feet, and room sizes vary. Utilities and Wi-Fi are included.
The residence is near the Jackson Heights–Roosevelt Avenue and 74th Street–Broadway transit hub, served by the E, F, M, R, and 7 trains. Nearby bus routes include Q32, Q33, Q47, Q49, and Q53 SBS. Grocery stores, restaurants, and shopping are located along Roosevelt Avenue, Broadway, and the 74th Street shopping district. Lease options are available for 3, 6, or 12 months.
The residence is near the Jackson Heights–Roosevelt Avenue and 74th Street–Broadway transit hub, served by the E, F, M, R, and 7 trains. Nearby bus routes include Q32, Q33, Q47, Q49, and Q53 SBS. Grocery stores, restaurants, and shopping are located along Roosevelt Avenue, Broadway, and the 74th Street shopping district. Lease options are available for 3, 6, or 12 months.
Key Highlights
- 2,964‑square‑foot renovated co‑living residence in Elmhurst, Queens
- Private furnished rooms with individual bathrooms
- Rooms include a bed frame and mattress, air conditioner, 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 3,293.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $152,957 @ 7.0% cap · market cap 6,952.59%
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 bathrooms accompany individual furnished rooms, while kitchenette facilities are shared by residents on each floor.
Where is this multifamily property located?
The property is located at 3-4036 77th Street Elmhurst, NY.
What are key features of this property?
This property features: 2,964‑square‑foot renovated co‑living residence in Elmhurst, Queens; Private furnished rooms with individual bathrooms; Rooms include a bed frame and mattress, air conditioner, and mini refrigerator
