41-53 68 Street New York, NY 11377
Legal 8-family plus 2 offices near transportation.
- Added:
- May 15, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 4 at 11:14 am
Property Features for 41-53 68 Street
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1971
Listing office AAA Young Shuen Realty Inc
Listing date May 15, 2026
Source Crexi
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 AAA Young Shuen Realty Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Legal 8‑family building with 2 doctor's offices in a prime Woodside location.
- High income‑producing property with potential for immediate revenue.
- Excellent transit access: close to 69th Street subway and Woodside LIRR.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.6k | $51.48 |
| − Vacancy | −$30.4k | −$9.73 |
| EGI | $130.3k | $41.75 |
| − OpEx | −$32.6k | −$10.44 |
| NOI | $97.7k | $31.31 |
