Spacious Elmhurst Co-op
For Sale
$579,000
94-10 59th Ave 2J, Queens, NY 11373
Renovated 3-bedroom, 2-bathroom co-op near Queens Center Mall.
Property Size1,250 SF
Days on Market314
Property Features for 94-10 59th Ave 2J
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Residential
Building Details
Building Size
1,250 SF
Year Built
1960
Listed By:
Seema V. Kothari
(347) 596-9878
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 23
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 Seema V. Kothari
Investment Insights
Based on property information with market context.
This renovated co-op apartment is located in Elmhurst. The unit features 3 bedrooms and 2 bathrooms, offering a functional layout. The apartment includes hardwood floors and a kitchen with an island. Generous room sizes are present throughout the unit. The building has an elevator and on-site laundry facilities. Subletting is allowed. The property is located close to Queens Center Mall, Costco, local restaurants, supermarkets, and major transportation.
Key Highlights
- Prime Elmhurst location: Close to Queens Center Mall, Costco, restaurants, supermarkets, and transportation.
- Renovated 3 Bedroom, 2 Bathroom unit: Offers modern living with a functional layout.
- Spacious with generous room sizes throughout.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,556
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,120
$611.1K
Cap Rate 7%
$436,514
$436.5K
Cap Rate 9%
$339,511
$339.5K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$57.8K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$55.6K $44.44/SF
− OpEx
−$25.0K −$20.00/SF
NOI
$30.6K $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%
$611,120
Cap Rate 7%
$436,514
Cap Rate 9%
$339,511
Alternative Uses
Best Use
Apartment 5plus
$436.5K
$382.0K – $509.3K
NOI $30,556 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$921.5K
$806.3K – $1.08M
NOI $64,506 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,060
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 3-bedroom, 2-bathroom co-op near Queens Center Mall.
Where is this apartment building located?
The property is located at 94-10 59th Ave 2J Queens, NY.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Prime Elmhurst location: Close to Queens Center Mall, Costco, restaurants, supermarkets, and transportation.; Renovated 3 Bedroom, 2 Bathroom unit: Offers modern living with a functional layout.; Spacious with generous room sizes throughout.
