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Queens Apartment Building For Sale
For Sale
$650,000
Pending

33-55 14th St 15B, Queens, NY 11106

Apartment building for sale in Queens, New York.

Property Size890 SF
Days on Market317

Property Features for 33-55 14th St 15B

General Information

Standard status Pending
Size 890 SF
Property subtype Residential

Building Details

Building Size 890 SF
Units 1
Listing Agency: Compass
Listed By: Bianca A Colasuonno
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 4 Last Checked: Oct 9 at 11:28PM

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

Investment Insights

Based on property information with market context.

This property is an apartment building located in Queens, New York. The property is listed for sale.

Key Highlights

  • No selling points could be extracted from the provided information.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,756
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,120 $435.1K
Cap Rate 7%
$310,800 $310.8K
Cap Rate 9%
$241,733 $241.7K
Market Conditions
NOI Build-Up for 890 SF
Gross rent
$41.1K $46.20/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$39.6K $44.44/SF
− OpEx
−$17.8K −$20.00/SF
NOI
$21.8K $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%
$435,120
Cap Rate 7%
$310,800
Cap Rate 9%
$241,733

Alternative Uses

Best Use
Apartment 5plus
$310.8K
$272.0K – $362.6K (±1% cap)
NOI $21,756 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$656.1K
$574.1K – $765.5K (±1% cap)
NOI $45,928 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Clothing & Fashion Store Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,016
Businesses Nearby

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building for sale in Queens, New York.
Where is this apartment building located?
The property is located at 33-55 14th St 15B Queens, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: No selling points could be extracted from the provided information.
More about this property
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