Briarwood Apartment with Updated
For Sale
$245,000
Pending
83-35 139 St 1D, Queens, NY 11435
Sunny 1-bedroom apartment in Briarwood, updated kitchen and bathroom.
Property Size700 SF
Days on Market314
Property Features for 83-35 139 St 1D
General Information
Standard status
Pending
Size
700 SF
Property subtype
Residential
Building Details
Building Size
700 SF
Year Built
1950
Listing Agency:
Lovett Realty Inc.
Listed By:
Joanne Goode
(646) 261-3725
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 3
Last Checked: Oct 7 at 12:32PM
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 Lovett Realty Inc.
Investment Insights
Based on property information with market context.
This is a spacious, sunny 1-bedroom, 1-bathroom apartment located in Briarwood. The unit is in great condition and features an updated kitchen and bathroom. The layout includes an open dining area, eat-in kitchen, large living room, and a spacious bedroom. The apartment faces the front of the building, providing ample sunlight. Briarwood is centrally located, offering convenient access to shopping, highways, and public transportation.
Key Highlights
- Sunny apartment with ample natural light
- Updated kitchen and bathroom
- Spacious 1‑bedroom layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,111
Cap Rate
6.98%
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 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.0K
$451.5K – $602.1K
NOI $36,123 @ 7.0% cap · market cap 14.74%
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
4,748
Businesses Nearby
Explore this area
Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
Median Home Value
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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 - Sunny 1-bedroom apartment in Briarwood, updated kitchen and bathroom.
Where is this apartment building located?
The property is located at 83-35 139 St 1D Queens, NY.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Sunny apartment with ample natural light; Updated kitchen and bathroom; Spacious 1‑bedroom layout
