Renovated Studio in Jackson
For Sale
$220,000
Pending
34-15 74th St 4H, Queens, NY 11372
Renovated studio with amenities in a vibrant neighborhood.
Property Size545 SF
Days on Market317
Property Features for 34-15 74th St 4H
General Information
Standard status
Pending
Size
545 SF
Property subtype
Residential
Building Details
Building Size
545 SF
Year Built
1952
Listed By:
Analucia Cotroneo
(718) 775-4321
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 3
Last Checked: Oct 9 at 10:48PM
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 Analucia Cotroneo
Investment Insights
Based on property information with market context.
This studio apartment, located in the Jackson Heights neighborhood, has been renovated and features a new bathroom, a separate kitchen, and wood floors. The unit includes multiple closets and three windows. The building offers amenities such as a renovated lobby, a fitness center, and a laundry facility. A parking garage is available with a wait list. Residents can also enjoy a courtyard. The building is pet-friendly. The monthly maintenance fee is $481.43. The property is located near local amenities, restaurants, a green market, shops, and transportation options.
Key Highlights
- Renovated studio apartment in the heart of Jackson Heights.
- New bathroom and separate kitchen.
- Sunny studio with three windows and wood floors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,322
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,440
$266.4K
Cap Rate 7%
$190,314
$190.3K
Cap Rate 9%
$148,022
$148.0K
Market Conditions
NOI Build-Up for 545 SF
Gross rent
$25.2K $46.20/SF
− Vacancy
−$957 −$1.76/SF
EGI
$24.2K $44.44/SF
− OpEx
−$10.9K −$20.00/SF
NOI
$13.3K $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%
$266,440
Cap Rate 7%
$190,314
Cap Rate 9%
$148,022
Alternative Uses
Best Use
Apartment 5plus
$190.3K
$166.5K – $222.0K
NOI $13,322 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$401.8K
$351.6K – $468.8K
NOI $28,125 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated studio with amenities in a vibrant neighborhood.
Where is this apartment building located?
The property is located at 34-15 74th St 4H Queens, NY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Renovated studio apartment in the heart of Jackson Heights.; New bathroom and separate kitchen.; Sunny studio with three windows and wood floors.
