Queens Apartment Near
For Sale
$450,000
37-27 86 St 3D, Queens, NY 11372
Apartment with parking, close to transportation, restaurants, parks, schools.
Property Size900 SF
Days on Market314
Property Features for 37-27 86 St 3D
General Information
Standard status
Active
Size
900 SF
Property subtype
Residential
Building Details
Building Size
900 SF
Year Built
1951
Listing Agency:
WINZONE REALTY INC.
Listed By:
Lisa Li
(646) 288-7250
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 2
Last Checked: Oct 5 at 7:16PM
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 WINZONE REALTY INC.
Investment Insights
Based on property information with market context.
This apartment features a living room, kitchen, two bedrooms, and a full bathroom. Indoor parking is available for an additional monthly fee. The property is conveniently located near restaurants, parks, and schools. Public transportation options include proximity to the 7 train stations, as well as the Q29 and Q49 bus stations.
Key Highlights
- Conveniently located near 7 train stations, Q29 and Q49 bus stations.
- Two bedrooms.
- Full bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,000
Cap Rate
4.89%
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 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.5K
$580.6K – $774.1K
NOI $46,444 @ 7.0% cap · market cap 10.32%
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
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
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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 - Apartment with parking, close to transportation, restaurants, parks, schools.
Where is this apartment building located?
The property is located at 37-27 86 St 3D Queens, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Conveniently located near 7 train stations, Q29 and Q49 bus stations.; Two bedrooms.; Full bathroom.
