Renovated Apartment
For Sale
$2,500,000
30-53 82nd Street, East Elmhurst, NY 11370
Updated interiors feature steel appliances and a French-door refrigerator.
Property Size3,200 SF
Days on Market15
Property Features for 30-53 82nd Street
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$28,272
Amenities
steel appliances
French door refrigerator
six separate boilers + meters
Building Details
Building Size
3,200 SF
Year Built
1929
Listing Agency:
Winzone Realty Inc
Listed By:
Vichai Charalaivan
(917) 848-2533
Source:
Serhant
Added: Sep 21
Changed: Oct 2
Last Checked: Oct 4 at 4:10PM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
This apartment building, constructed in 1929, has undergone renovation with modernized interiors and steel appliances. A French-door refrigerator is included among the in-place kitchen features. The property also has six separate boilers and meters, providing distinct building infrastructure for the apartment configuration.
Key Highlights
- Renovated interiors with modern finishes
- Steel appliances included
- French‑door refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,222
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,440
$1.6M
Cap Rate 7%
$1,117,457
$1.1M
Cap Rate 9%
$869,133
$869.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$147.8K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$142.2K $44.44/SF
− OpEx
−$64.0K −$20.00/SF
NOI
$78.2K $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%
$1,564,440
Cap Rate 7%
$1,117,457
Cap Rate 9%
$869,133
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$977.8K – $1.30M
NOI $78,222 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 11370, NY
34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated interiors feature steel appliances and a French-door refrigerator.
Where is this apartment building located?
The property is located at 30-53 82nd Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Renovated interiors with modern finishes; Steel appliances included; French‑door refrigerator
