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Two-Bedroom Cooperative Apartment

64-41 SAUNDERS Street 604, Queens, NY 11374

For Sale
$519,000

Residents have access to a building garage, with transit and shopping within two blocks.

Property Size1,100 SF
Price / SF$471.82
Days on Market168

Property Features for 64-41 SAUNDERS Street 604

General Information

Standard status Active
Size 1,100 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

garage

Building Details

Building Size 1,100 SF
Year Built 1952
Listing Agency: Brown Harris Stevens Queens LLC
Listed By: JACQUES M AMBRON
Source: Decodenyc
Added: May 26 Changed: Nov 7 Last Checked: Nov 8 at 4:04PM

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 Brown Harris Stevens Queens LLC

Rey
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Investment Insights

Based on property information with market context.

This cooperative apartment offers two bedrooms and 1.5 bathrooms across 1,100 square feet. Set on the building’s top floor, it has city skyline views. The property was built in 1952.

A subway, bus service, and shopping are located within two blocks. A garage is available in the building.

Key Highlights

  • Two bedrooms and 1.5 bathrooms
  • 1,100 square feet of interior space
  • Top‑floor apartment with city skyline views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,889
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,780 $537.8K
Cap Rate 7%
$384,129 $384.1K
Cap Rate 9%
$298,767 $298.8K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$50.8K $46.20/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$48.9K $44.44/SF
− OpEx
−$22.0K −$20.00/SF
NOI
$26.9K $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%
$537,780
Cap Rate 7%
$384,129
Cap Rate 9%
$298,767

Alternative Uses

Best Use
Apartment 5plus
$384.1K
$336.1K – $448.2K (±1% cap)
NOI $26,889 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K (±1% cap)
NOI $56,765 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,009
Businesses Nearby

Demographics for 11374, NY

47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Queens, NY

$761 Jul
$629 Aug
$622 Sep
$637 Oct

Properties on Market for Residential income properties in Queens

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Residents have access to a building garage, with transit and shopping within two blocks.
Where is this residential income property located?
The property is located at 64-41 SAUNDERS Street 604 Queens, NY.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two bedrooms and 1.5 bathrooms; 1,100 square feet of interior space; Top‑floor apartment with city skyline views
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Includes: Price & PSF · Cap rate · Location · Zoning

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