Spacious One Bedroom
For Sale
$200,000
Pending
8423 Manton St 1D, Queens, NY 11435
Sunny one-bedroom apartment with eat-in kitchen, near transportation.
Property Size730 SF
Days on Market312
Property Features for 8423 Manton St 1D
General Information
Standard status
Pending
Size
730 SF
Property subtype
Residential
Building Details
Building Size
730 SF
Year Built
1956
Listed By:
Marsha Mozammel
(347) 401-8071
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 2
Last Checked: Oct 5 at 6:50PM
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 Marsha Mozammel
Investment Insights
Based on property information with market context.
This spacious and sunny one-bedroom apartment is located on the first floor. It features an eat-in kitchen, hardwood floors, and oversized windows. The building offers laundry facilities and additional storage space. The apartment is conveniently located near subway, bus, and shopping. All taxes and utilities are included in the maintenance fee of $780.
Key Highlights
- Spacious and sunny one‑bedroom apartment.
- All taxes and utilities included in low $780 maintenance fee.
- Enjoy the eat‑in kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,844
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,880
$356.9K
Cap Rate 7%
$254,914
$254.9K
Cap Rate 9%
$198,267
$198.3K
Market Conditions
NOI Build-Up for 730 SF
Gross rent
$33.7K $46.20/SF
− Vacancy
−$1.3K −$1.76/SF
EGI
$32.4K $44.44/SF
− OpEx
−$14.6K −$20.00/SF
NOI
$17.8K $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%
$356,880
Cap Rate 7%
$254,914
Cap Rate 9%
$198,267
Alternative Uses
Best Use
Apartment 5plus
$254.9K
$223.1K – $297.4K
NOI $17,844 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$538.2K
$470.9K – $627.9K
NOI $37,672 @ 7.0% cap · market cap 18.84%
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
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 - Sunny one-bedroom apartment with eat-in kitchen, near transportation.
Where is this apartment building located?
The property is located at 8423 Manton St 1D Queens, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Spacious and sunny one‑bedroom apartment.; All taxes and utilities included in low $780 maintenance fee.; Enjoy the eat‑in kitchen.
