Move-In Ready Coop Near
For Sale
$283,000
Pending
69-28 kissena Blvd 130B, Queens, NY 11367
Well-maintained coop with parking, subletting allowed, near Queens College.
Property Size750 SF
Days on Market314
Property Features for 69-28 kissena Blvd 130B
General Information
Standard status
Pending
Size
750 SF
Property subtype
Residential
Building Details
Building Size
750 SF
Year Built
1951
Listing Agency:
B Square Realty
Listed By:
Kit L. Leung · License #10401321356
(917) 293-3623
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 1
Last Checked: Oct 7 at 2:01PM
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 B Square Realty
Investment Insights
Based on property information with market context.
This well-maintained cooperative apartment features an east-facing living room that receives ample natural sunlight. The layout includes a spacious living room and oversized closets. The property offers free parking for one to two cars, with garage parking available on a waiting list. Subletting is permitted. The Q25 bus stop is nearby, and Queens College is steps away. Main Street is approximately a 15-minute walk from the property. The surrounding neighborhood is residential, offering access to shopping, restaurants, and local parks. This move-in ready home is suitable for comfortable living and as an investment opportunity.
Key Highlights
- No flip tax and no assessment, significantly reducing initial costs.
- Subletting allowed, offering flexibility and potential rental income.
- Free parking for one to two cars, with garage parking available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,333
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,660
$366.7K
Cap Rate 7%
$261,900
$261.9K
Cap Rate 9%
$203,700
$203.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$34.7K $46.20/SF
− Vacancy
−$1.3K −$1.76/SF
EGI
$33.3K $44.44/SF
− OpEx
−$15.0K −$20.00/SF
NOI
$18.3K $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%
$366,660
Cap Rate 7%
$261,900
Cap Rate 9%
$203,700
Alternative Uses
Best Use
Apartment 5plus
$261.9K
$229.2K – $305.6K
NOI $18,333 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.9K
$483.8K – $645.1K
NOI $38,704 @ 7.0% cap · market cap 13.68%
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
1,380
Businesses Nearby
Explore this area
Business Placement
Demographics for 11367, NY
43,112
Population
15,693
Households
2.7
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.9 sq mi
ZIP Area
22,691
Density / Sq Mi
$75,804
Median Household Income
$45,052
Median Earnings
$1,774
Median Rent
$519,800
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 - Well-maintained coop with parking, subletting allowed, near Queens College.
Where is this apartment building located?
The property is located at 69-28 kissena Blvd 130B Queens, NY.
What is the asking price?
The asking price for this property is $283,000.
What are key features of this property?
This property features: No flip tax and no assessment, significantly reducing initial costs.; Subletting allowed, offering flexibility and potential rental income.; Free parking for one to two cars, with garage parking available.
