Spacious Three-Bedroom Coop
For Sale
$489,000
32-22 92 St 603, Queens, NY 11369
Bright, centrally located East Elmhurst coop with ample living space.
Property Size1,150 SF
Days on Market315
Property Features for 32-22 92 St 603
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Residential
Building Details
Building Size
1,150 SF
Year Built
1952
Listed By:
Johnson John
(631) 617-7737
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 24
Last Checked: Oct 7 at 12:58PM
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 Johnson John
Investment Insights
Based on property information with market context.
This spacious and bright coop apartment is located in centrally located East Elmhurst. The unit features 3 bedrooms and 2 bathrooms, with the primary bedroom having an attached bath. The apartment offers 1,150 square feet of living space and is close to major transportation options, including public transit and roadways.
Key Highlights
- Spacious 3‑bedroom, 2‑bath coop with 1,150 sq ft of living space.
- Primary bedroom features an attached bath.
- Centrally located in East Elmhurst.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,111
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,220
$562.2K
Cap Rate 7%
$401,586
$401.6K
Cap Rate 9%
$312,344
$312.3K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$53.1K $46.20/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$51.1K $44.44/SF
− OpEx
−$23.0K −$20.00/SF
NOI
$28.1K $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%
$562,220
Cap Rate 7%
$401,586
Cap Rate 9%
$312,344
Alternative Uses
Best Use
Apartment 5plus
$401.6K
$351.4K – $468.5K
NOI $28,111 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$847.8K
$741.8K – $989.1K
NOI $59,346 @ 7.0% cap · market cap 12.14%
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
2,154
Businesses Nearby
Explore this area
Business Placement
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
Median Home Value
Check the figures for this property
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 - Bright, centrally located East Elmhurst coop with ample living space.
Where is this apartment building located?
The property is located at 32-22 92 St 603 Queens, NY.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Spacious 3‑bedroom, 2‑bath coop with 1,150 sq ft of living space.; Primary bedroom features an attached bath.; Centrally located in East Elmhurst.
