Updated Residential Income
33-45 94th Street 4H, Queens, NY 11372
For Sale
$399,000
A two-bedroom cooperative apartment features a renovated kitchen and bathrooms, hardwood floors, and ample closet storage.
Property Size900 SF
Price / SF$443.33
Days on Market146
Property Features for 33-45 94th Street 4H
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Amenities
on-site laundry
bike and storage rooms
Building Details
Building Size
Year Built
Construction
Listing Agency:
Compass
Listed By:
WILLIAM D KOKORIS
(646) 207-6734
Source:
Blackandwhiteresidential
Added: Jun 17
Changed: Nov 7
Last Checked: Nov 8 at 12:23PM
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 Compass
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Investment Insights
Based on property information with market context.
This 900-square-foot, two-bedroom, one-and-a-half-bath cooperative apartment has an open living and dining area, hardwood floors, and oversized windows. The galley kitchen has been renovated with quartz counters, white cabinetry, a subway-tile backsplash, and stainless-steel appliances. Both bedrooms have closets; the primary accommodates a king-size bed. The windowed full bath includes a glass-enclosed tub and rain shower, while a half bath is located beside the second bedroom. A foyer with double closets and additional apartment storage round out the layout.
The home is in Southridge Section 4, a brick cooperative building in Jackson Heights, Queens. Building features include elevator service, a live-in superintendent, landscaped grounds, on-site laundry, bike and storage rooms, and optional garage parking. Shops, restaurants, and transit options are minutes away.
The home is in Southridge Section 4, a brick cooperative building in Jackson Heights, Queens. Building features include elevator service, a live-in superintendent, landscaped grounds, on-site laundry, bike and storage rooms, and optional garage parking. Shops, restaurants, and transit options are minutes away.
Key Highlights
- 900‑square‑foot cooperative apartment with two bedrooms and one‑and‑a‑half baths
- Renovated galley kitchen with quartz countertops and stainless‑steel appliances
- Updated windowed full bathroom with glass‑enclosed tub and rain shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,000
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,000
$440.0K
Cap Rate 7%
$314,286
$314.3K
Cap Rate 9%
$244,444
$244.4K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$41.6K $46.20/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$40.0K $44.44/SF
− OpEx
−$18.0K −$20.00/SF
NOI
$22.0K $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%
$440,000
Cap Rate 7%
$314,286
Cap Rate 9%
$244,444
Alternative Uses
Best Use
Apartment 5plus
$314.3K
$275.0K – $366.7K
NOI $22,000 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.5K
$580.6K – $774.1K
NOI $46,444 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 11372, NY
68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Queens, NY
Properties on Market for Residential income properties in Queens
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom cooperative apartment features a renovated kitchen and bathrooms, hardwood floors, and ample closet storage.
Where is this residential income property located?
The property is located at 33-45 94th Street 4H Queens, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 900‑square‑foot cooperative apartment with two bedrooms and one‑and‑a‑half baths; Renovated galley kitchen with quartz countertops and stainless‑steel appliances; Updated windowed full bathroom with glass‑enclosed tub and rain shower
