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Two-Bedroom Residential Income Property

33-30 61ST Street 105, Queens, NY 11377

For Sale
$750,000

Corner residence with private outdoor space, in-unit laundry, and a dedicated parking spot.

Property Size1,089 SF
Price / SF$688.71
Days on Market229

Property Features for 33-30 61ST Street 105

General Information

Standard status Active
Size 1,089 SF
Total Parking Spaces 1
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

HOA Fee $80.73

Taxes and HOA fees

Annual Taxes $9,372

Amenities

private patio
in-unit washer & dryer
landscaped front courtyard with park benches

Building Details

Building Size 1,089 SF
Year Built 2008
Stories 4
Listing Agency: Brown Harris Stevens Queens LLC
Listed By: Xiaosen Zhou · License NY #10401260356
Source: Blackandwhiteresidential
Added: Mar 26 Changed: Nov 8 Last Checked: Nov 8 at 3:24PM

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 Brown Harris Stevens Queens LLC

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Investment Insights

Based on property information with market context.

This corner condominium has 1,089 square feet, with two bedrooms and two full bathrooms. The semi-open kitchen includes stainless steel appliances and a breakfast counter, while the living room connects to a separate dining area. A 343-square-foot private patio, in-unit washer and dryer, and a dedicated outdoor parking space are also included. The primary bedroom has a walk-in closet and an en-suite bath; large windows bring natural light into the home.

The residence is part of Sixone Woodside, a four-story condominium community with 23 homes and a landscaped courtyard with park benches. The M and R subway lines are a couple of blocks away, the LIRR is five blocks away, and the 7 train is seven blocks away. The BQ-Expy provides a nearby driving route, with shops, restaurants, and daily conveniences within short distance.

Key Highlights

  • 1,089‑square‑foot corner residence with two bedrooms and two full bathrooms
  • Private 343‑square‑foot patio
  • Stainless steel appliances, breakfast counter, and separate dining area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,620
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,400 $532.4K
Cap Rate 7%
$380,286 $380.3K
Cap Rate 9%
$295,778 $295.8K
Market Conditions
NOI Build-Up for 1,089 SF
Gross rent
$50.3K $46.20/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$48.4K $44.44/SF
− OpEx
−$21.8K −$20.00/SF
NOI
$26.6K $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%
$532,400
Cap Rate 7%
$380,286
Cap Rate 9%
$295,778

Alternative Uses

Best Use
Apartment 5plus
$380.3K
$332.8K – $443.7K (±1% cap)
NOI $26,620 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$802.8K
$702.5K – $936.6K (±1% cap)
NOI $56,198 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,752
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Queens, NY

$761 Jul
$629 Aug
$622 Sep
$637 Oct

Properties on Market for Residential income properties in Queens

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Corner residence with private outdoor space, in-unit laundry, and a dedicated parking spot.
Where is this residential income property located?
The property is located at 33-30 61ST Street 105 Queens, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,089‑square‑foot corner residence with two bedrooms and two full bathrooms; Private 343‑square‑foot patio; Stainless steel appliances, breakfast counter, and separate dining area
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