One-Bedroom Residential Income
84-39 153rd Avenue 6B, Queens, NY 11414
For Sale
$325,000
This sixth-floor condominium has hardwood cabinetry, stainless steel appliances, and a kitchen island topped with quartz.
Property Size700 SF
Price / SF$464.29
Days on Market99
Property Features for 84-39 153rd Avenue 6B
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
common laundry room
community playground
Building Details
Building Size
Year Built
Listing Agency:
RE Max Edge Group
Listed By:
Faig Mikayilov · License NY #10301220271
(718) 612-3088
Source:
Irynaferenets
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
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 RE Max Edge Group
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Investment Insights
Based on property information with market context.
A one-bedroom, one-bathroom condominium on the sixth floor offers approximately 700 square feet of living area. Hardwood flooring is complemented by carpeting in the living room and bedroom, while the kitchen features hardwood cabinetry, stainless steel appliances, and a center island with a quartz countertop. The bathroom includes a Jacuzzi tub and a separate walk-in shower, and the unit has new windows. The building dates to 1900 and has an elevator and shared laundry room, with a playground and maintained grounds on site.
The property is in the Lindenwood section of Howard Beach, near parks, the Lindenwood Shopping Center, restaurants, public transportation, and multiple bus routes.
The property is in the Lindenwood section of Howard Beach, near parks, the Lindenwood Shopping Center, restaurants, public transportation, and multiple bus routes.
Key Highlights
- One‑bedroom, one‑bathroom condominium with approximately 700 square feet
- Sixth‑floor unit in an elevator building
- Kitchen includes hardwood cabinetry, stainless steel appliances, and a quartz‑topped center island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,111
Cap Rate
5.26%
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 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.0K
$451.5K – $602.1K
NOI $36,123 @ 7.0% cap · market cap 11.11%
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
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 11414, NY
27,320
Population
12,223
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
11,878
Density / Sq Mi
$98,209
Median Household Income
$66,162
Median Earnings
$1,991
Median Rent
$612,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Queens, NY
Properties on Market for Residential income properties in Queens
Frequently Asked Questions
What type of property is this?
Residential income property - This sixth-floor condominium has hardwood cabinetry, stainless steel appliances, and a kitchen island topped with quartz.
Where is this residential income property located?
The property is located at 84-39 153rd Avenue 6B Queens, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condominium with approximately 700 square feet; Sixth‑floor unit in an elevator building; Kitchen includes hardwood cabinetry, stainless steel appliances, and a quartz‑topped center island
