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Sunnyside Pre-War Coop Apartment
For Sale
$325,000
Pending

41-41 41 St 1G, Queens, NY 11104

One bedroom, one bath coop in Sunnyside, Queens.

Property Size600 SF
Days on Market314

Property Features for 41-41 41 St 1G

General Information

Standard status Pending
Size 600 SF
Property subtype Residential

Building Details

Building Size 600 SF
Year Built 1936
Listing Agency: Keller Williams LandMark II
Listed By: George Herrera · License #10401224259
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 8 Last Checked: Oct 7 at 2:25PM

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 Keller Williams LandMark II

Investment Insights

Based on property information with market context.

Apartment 1G at 41-41 41st St is a one-bedroom, one-bath pre-war cooperative located in Sunnyside, Queens. Situated north of Queens Blvd and near the historic Sunnyside Gardens, the building provides on-site laundry facilities, a private courtyard, and a live-in superintendent. The 7 train at 40th St-Lowery St is located two blocks away. Retail shops, restaurants, stores, and entertainment establishments line Skillman Ave, 43rd Ave, and Queens Blvd. A local Farmers Market is held one block away every Saturday, year round.

Key Highlights

  • Unbeatable location in the highly sought‑after Sunnyside neighborhood of Queens.
  • Convenient access to Manhattan via the 7 train at 40th St‑Lowery St (2 blocks away).
  • Proximity to vibrant local scene with retail shops, restaurants, and entertainment.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,667
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,340 $293.3K
Cap Rate 7%
$209,529 $209.5K
Cap Rate 9%
$162,967 $163.0K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$27.7K $46.20/SF
− Vacancy
−$1.1K −$1.76/SF
EGI
$26.7K $44.44/SF
− OpEx
−$12.0K −$20.00/SF
NOI
$14.7K $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%
$293,340
Cap Rate 7%
$209,529
Cap Rate 9%
$162,967

Alternative Uses

Best Use
Apartment 5plus
$209.5K
$183.3K – $244.5K (±1% cap)
NOI $14,667 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.3K
$387.0K – $516.1K (±1% cap)
NOI $30,963 @ 7.0% cap · market cap 9.53%
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 Nursing Home Acupuncture (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care

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

1,854
Businesses Nearby

Demographics for 11104, NY

27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
68,518
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
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 - One bedroom, one bath coop in Sunnyside, Queens.
Where is this apartment building located?
The property is located at 41-41 41 St 1G Queens, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Unbeatable location in the highly sought‑after Sunnyside neighborhood of Queens.; Convenient access to Manhattan via the 7 train at 40th St‑Lowery St (2 blocks away).; Proximity to vibrant local scene with retail shops, restaurants, and entertainment.
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