6923 Hessler Avenue, Arverne, NY 11692
MULTI_FAMILY - Arverne, NY
- Added:
- Aug 26, 2025
- Days on Market:
- 294
- Last Refresh:
- Jun 15 at 11:06 am
Property Features for 6923 Hessler Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4A
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 4
- Interior features
- A/C Unit - Window, Dryer, Refrigerator, Stove, Washer
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4577
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Tile
Listing agent Nam H. Sung (718) 838-2600
Listing office Exit Realty Professionals 6203 18th Avenue, Brooklyn, NY (718) 838-2600
Listing date Aug 26, 2025
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely renovated in 2018, including sidewalk, hardwood flooring, and high ceilings
- Two new gas energy‑efficient boilers and a tankless water heater
- Second‑floor rental unit has 3 bedrooms, 2 bathrooms, and current rent of $2,500
- Owner‑occupied first floor has 4 bedrooms and 2 full bathrooms, with separate outside entrances plus front and back entrances
- Multiple utilities: 3 electric meters and 2 gas meters
- Wood frame construction with tile roof
Overview
Local Financial Insights For Apartment 5plus
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 | $106.3k | $46.20 |
| − Vacancy | −$4.0k | −$1.76 |
| EGI | $102.2k | $44.44 |
| − OpEx | −$46.0k | −$20.00 |
| NOI | $56.2k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arverne
- County
- Queens
- State
- New York
- Longitude
- -73.79942
- Latitude
- 40.593867
