Flushing Co-op with Modern
For Sale
$280,000
4334 Union St 5H, Queens, NY 11355
Comfortable co-op in Flushing, convenient to transportation and dining.
Property Size700 SF
Days on Market309
Property Features for 4334 Union St 5H
General Information
Standard status
Active
Size
700 SF
Property subtype
Residential
Building Details
Building Size
700 SF
Year Built
1954
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Elaine Richheimer
(516) 721-8316
Source:
Elliman
Added: Dec 3, 2025
Changed: Oct 7
Last Checked: Oct 7 at 1:28PM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Located at 43-34 Union Street, #5H, Flushing, New York, this co-op offers a comfortable living space. The layout features a living room, a bedroom, a full bathroom, and an eat-in kitchen, along with a dining space. The Kissena Co-op complex is well-maintained and includes a new elevator, a laundry room, and a live-in superintendent. Residents can enjoy a courtyard for gatherings. The property is situated in Flushing, with access to public transportation, including the #7 subway, parkways, and various dining options.
Key Highlights
- Convenient Flushing location with easy access to the #7 subway, parkways, and diverse dining options.
- Spacious living room, comfortable bedroom, full bathroom, and eat‑in kitchen.
- Well‑maintained Kissena Co‑op complex with a new elevator.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,111
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,220
$342.2K
Cap Rate 7%
$244,443
$244.4K
Cap Rate 9%
$190,122
$190.1K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$32.3K $46.20/SF
− Vacancy
−$1.2K −$1.76/SF
EGI
$31.1K $44.44/SF
− OpEx
−$14.0K −$20.00/SF
NOI
$17.1K $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%
$342,220
Cap Rate 7%
$244,443
Cap Rate 9%
$190,122
Alternative Uses
Best Use
Apartment 5plus
$244.4K
$213.9K – $285.2K
NOI $17,111 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.0K
$451.5K – $602.1K
NOI $36,123 @ 7.0% cap · market cap 12.90%
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
4,813
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
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 - Comfortable co-op in Flushing, convenient to transportation and dining.
Where is this apartment building located?
The property is located at 4334 Union St 5H Queens, NY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Convenient Flushing location with easy access to the #7 subway, parkways, and diverse dining options.; Spacious living room, comfortable bedroom, full bathroom, and eat‑in kitchen.; Well‑maintained Kissena Co‑op complex with a new elevator.
