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 Market314
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
Listed By:
JingYun Chen
(718) 799-0726
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 1
Last Checked: Oct 7 at 1:25PM
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 JingYun Chen
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,009
Businesses Nearby
Explore this area
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
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 - 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.**
