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Renovated Apartment, No Board Approval
For Sale
$385,000

67-25 Clyde St 5D, Queens, NY 11375

Newly renovated apartment with stone counters and stainless steel appliances.

Property Size806 SF
Days on Market315

Property Features for 67-25 Clyde St 5D

General Information

Standard status Active
Size 806 SF
Property subtype Residential

Building Details

Building Size 806 SF
Year Built 1958
Listed By: Jesse R. Aben
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 3 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 Jesse R. Aben

Investment Insights

Based on property information with market context.

This apartment features a newly renovated kitchen with stone counters and stainless steel appliances, as well as a renovated bathroom. A 20% down payment is required. The sale may be subject to the terms and conditions of an offering plan. The buyer pays the transfer tax. There is a $30 A/C surcharge per A/C unit. An assessment of $231.35 per month is in place through June 30th, 2029. No board approval is required.

Key Highlights

  • Newly renovated kitchen featuring stone counters and stainless steel appliances.
  • Renovated bathroom.
  • No board approval required.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,702
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,040 $394.0K
Cap Rate 7%
$281,457 $281.5K
Cap Rate 9%
$218,911 $218.9K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$37.2K $46.20/SF
− Vacancy
−$1.4K −$1.76/SF
EGI
$35.8K $44.44/SF
− OpEx
−$16.1K −$20.00/SF
NOI
$19.7K $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%
$394,040
Cap Rate 7%
$281,457
Cap Rate 9%
$218,911

Alternative Uses

Best Use
Apartment 5plus
$281.5K
$246.3K – $328.4K (±1% cap)
NOI $19,702 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$594.2K
$519.9K – $693.2K (±1% cap)
NOI $41,593 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Zeman's of Forest Hills Apartment Building

Suggested Use

Top Pick Hotel & Motel Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Nursing Home

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

5,472
Businesses Nearby

Demographics for 11375, NY

72,851
Population
35,415
Households
2.1
Avg Household Size
43
Median Age
61%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
30,355
Density / Sq Mi
$104,319
Median Household Income
$75,149
Median Earnings
$2,126
Median Rent
$572,800
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?
Multifamily property - Newly renovated apartment with stone counters and stainless steel appliances.
Where is this multifamily property located?
The property is located at 67-25 Clyde St 5D Queens, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Newly renovated kitchen featuring stone counters and stainless steel appliances.; Renovated bathroom.; No board approval required.
More about this property
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