Upgraded Apartment in Rego
For Sale
$289,000
Pending
98-33 64th Ave 4f, Queens, NY 11374
Recently upgraded one-bedroom apartment in a serene neighborhood.
Property Size668 SF
Days on Market341
Property Features for 98-33 64th Ave 4f
General Information
Standard status
Pending
Size
668 SF
Property subtype
Residential
Building Details
Building Size
668 SF
Year Built
1949
Listing Agency:
RE/MAX City Square
Listed By:
Victor Guiarssi · License #10401228642
(917) 609-4154
Source:
Elliman
Added: Nov 28, 2025
Changed: Nov 2
Last Checked: Nov 3 at 6:01AM
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 City Square
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Investment Insights
Based on property information with market context.
Located in the Rego Park neighborhood, this is a one-bedroom apartment featuring a sunken living room, dining area, kitchen, and full bathroom. The unit has wooden floors and large windows. The building is sound-proof and fire-proof. Subletting is allowed after two years. Parking is available for an extra fee. The property is within walking distance to the subway, buses, a park, and a shopping center. All utilities are included. Interior features include a living room/dining room. The overall appearance of the property is good.
Key Highlights
- All utilities included for easy budgeting.
- Walking distance to Subway, buses, park, shopping center.
- Large one bedroom apartment featuring a sunken living room and separate dining area.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,329
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,580
$326.6K
Cap Rate 7%
$233,271
$233.3K
Cap Rate 9%
$181,433
$181.4K
Market Conditions
NOI Build-Up for 668 SF
Gross rent
$30.9K $46.20/SF
− Vacancy
−$1.2K −$1.76/SF
EGI
$29.7K $44.44/SF
− OpEx
−$13.4K −$20.00/SF
NOI
$16.3K $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%
$326,580
Cap Rate 7%
$233,271
Cap Rate 9%
$181,433
Alternative Uses
Best Use
Apartment 5plus
$233.3K
$204.1K – $272.2K
NOI $16,329 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.5K
$430.9K – $574.5K
NOI $34,472 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,009
Businesses Nearby
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Business Placement
Demographics for 11374, NY
47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
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
Frequently Asked Questions
What type of property is this?
Apartment building - Recently upgraded one-bedroom apartment in a serene neighborhood.
Where is this apartment building located?
The property is located at 98-33 64th Ave 4f Queens, NY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: All utilities included for easy budgeting.; Walking distance to Subway, buses, park, shopping center.; Large one bedroom apartment featuring a sunken living room and separate dining area.**
