209-20 18th Ave Unit 5E · New York, NY 11360

$250,000

1 bd · 1.0 ba · 900 sqft · Condo · 92 Days on market

Built 1960

---

Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• Appreciation +6.6/10.0
• 1% rule +5.9/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

Key facts

• Elevator
• Fully enclosed tub
• Abundant storage

Tags

• CONVERTIBLE DINING AREA
• UPDATED EAT-IN KITCHEN
• FULLY ENCLOSED TUB
• ABUNDANT STORAGE
• ELEVATOR
• SECURE GATED SEATING AREA

Property features AI

Finance

• HOA & community: Pets allowed (contact for details)

Exterior

• Parking: Assigned parking space in parking lot; 1 parking space; Parking fee: $40
• Utilities: Public sewer; Cable available; Electricity connected; Water connected; See remarks for additional utility details
• Home design: Stock cooperative
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Dishwasher; Gas oven; Range; Refrigerator
• Bedrooms: Entry level: 5
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Wall/window air conditioning unit(s)
• Interior features: Eat-in kitchen; Elevator access; Entrance foyer; Formal dining area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $434 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $228k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: 219 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,302 units permitted in Queens County in 2024 (4,918 in 5+ unit buildings).
• This rent runs 33% of the median local income ($99k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.3% local appreciation)).
• Queens County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.3% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask is 6% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $210k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.09% ✓
• Cap rate: 8.38%
• Cash-on-cash: 7.44%
• DSCR: 1.33
• GRM: 7.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.26% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.1%
• Equity multiple: 1.88×
• Total profit: $61,267
• Equity at exit: $116,082

10-year hold

• IRR: 16.6%
• Equity multiple: 3.50×
• Total profit: $175,205
• Equity at exit: $181,803

Cash invested: $70,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 11360

• Home prices YoY: 1.6%
• Active inventory: 219
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,737 high
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$575
• Net cashflow: $434

Break-even live

Break-even rent $2,187

Max offer price $250,000

Occupancy floor 79%

Sensitivity live

Price	-10% $607	-5% $521	+0% $434	+5% $348	+10% $262
Rent	-10% $218	-5% $326	+0% $434	+5% $542	+10% $650
Rate	-1.0pp $560	-0.5pp $498	base $434	+0.5pp $369	+1.0pp $304

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1 Bay Club Dr Unit 21W Bayside, NY	1.0	1.0	762	$3,100	$4.07	12d	1	0.27mi
2 Bay Club Dr Bayside, NY	1.0	1.0	780	$4,000	$5.13	25d	1	0.28mi
16-66 Bell Blvd Unit 736 Bayside, NY	—	1.0	600	$2,350	$3.92	25d	1	0.30mi
1816 Bell Blvd Bayside, NY	1.0	1.0	1000	$2,500	$2.50	25d	1	0.31mi
23-45 Corporal Kennedy St Unit 1 Flushing, NY	1.0	1.0	1000	$2,800	$2.80	25d	1	0.33mi
20933 26th Ave Unit 1C Bayside, NY	1.0	1.5	800	$3,000	$3.75	25d	1	0.33mi
1670 Bell Blvd Bayside, NY	2.0	1.0–1.5	600	$2,600	$4.33	3d	4	0.33mi
16-05 Bell Blvd Unit 1st Floor Flushing, NY	1.0	1.0	700	$2,400	$3.43	25d	1	0.34mi
209-21 26th Ave Unit TB Bayside, NY	1.0	1.0	955	$2,850	$2.98	19d	1	0.35mi
1785 215th St Unit 15J Bayside, NY	1.0	1.0	620	$3,500	$5.65	25d	1	0.45mi
206-14 Emily Rd Unit 42L Bayside, NY	1.0	1.0	700	$2,700	$3.86	25d	1	0.49mi
29-04 204th St Unit 1Floor Flushing, NY	1.0	1.0	700	$2,600	$3.71	19d	1	0.73mi
1011 162nd St Whitestone, NY	1.0	1.0	880	$1,800	$2.05	19d	1	1.14mi
15719 26th Ave Flushing, NY	2.0	1.0	850	$2,850	$3.35	22d	1	1.34mi
36-26 192nd St #2 Flushing, NY	2.0	1.0	875	$3,000	$3.43	8d	1	1.37mi
194-20 39th Ave Unit A Flushing, NY	1.0	1.0	900	$2,250	$2.50	25d	1	1.40mi
214-16 40th Ave Unit 3rd Floor Flushing, NY	2.0	1.0	900	$2,800	$3.11	25d	1	1.40mi
41-20 210th St Unit 1 Flushing, NY	1.0	1.0	1030	$2,350	$2.28	25d	1	1.41mi
40-11 214th Pl Unit 2R Bayside, NY	1.0	1.0	650	$2,800	$4.31	5d	1	1.42mi
1001 154th St Whitestone, NY	2.0	1.0	900	$3,300	$3.67	25d	1	1.46mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: parking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 24 events

1. 2026-06-18
   days on market $250,000 Active 92 DOM
2. 2026-06-17
   days on market $250,000 Active 91 DOM
3. 2026-06-15
   days on market $250,000 Active 89 DOM
4. 2026-06-13
   days on market $250,000 Active 87 DOM
5. 2026-06-10
   days on market $250,000 Active 83 DOM
6. 2026-06-08
   days on market $250,000 Active 82 DOM
7. 2026-06-08
   days on market $250,000 Active 81 DOM
8. 2026-06-04
   days on market $250,000 Active 78 DOM
9. 2026-06-03
   days on market $250,000 Active 77 DOM
10. 2026-06-01
    days on market $250,000 Active 75 DOM
11. 2026-05-31
    days on market $250,000 Active 74 DOM
12. 2026-04-02
    price $250,000
13. 2026-03-18
    listed $235,000 Active
14. 2026-01-05
    status Pending
15. 2026-01-05
    historical
16. 2025-11-02
    price $230,000
17. 2025-06-07
    listed $245,800 Active
18. 2025-06-06
    historical
19. 2023-11-11
    historical 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

20. 2023-10-31
    soldstatus $210,000 Sold 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

21. 2023-09-28
    status Active 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

22. 2023-06-07
    listed $218,888 Active 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

23. 2022-09-29
    soldstatus $210,000 Sold 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

24. 2022-08-05
    listed $218,888 Active 2368-char remark

    Show marketing remark (2368 chars)

    JUST SOLD - HAPPY HALLOWEEN. CONTACT SOTHEBY'S LISTING AGENT MICHAEL KAWOCHKA FOR DETAILS. With an assigned parking spot for only $35 per month, this sunny and spacious one-bedroom coop checks all the right boxes! This home makes perfect sense for downsizers looking to simplify and first time buyers looking to step on to the wealth building escalator that is NYC real estate. The L-shaped layout separates the bedroom from the living room, so your partner can crank the TV without waking you while you sleep in. It yields 3 exposures (South and West) for great light. Sightlines are superior – before you even step inside your home, twin sightlines 32’ deep continue out the windows into the treetops – bringing the outdoors inside and giving the home a bigger, brighter vibe. The corner exposure dining room has sightlines through the kitchen and living room, letting you carry on conversations with your guests and chef simultaneously, which lets you host a proper dinner party or card game while some of your guests retreat to the living room to watch TV – leaving nobody out of the conversation. The windowed bath lets old air out and sunlight in. The updated kitchen is good to go – no renovation necessary. Windows in every room (6 in all) including the bath and ample storage in 4 closets. A foyer is big enough for a desk, some framed art and a standing mirror, giving you another functional space and a sense of arrival. All utilities included in your reasonable maintenance of $1133. Your bright, spacious lobby greets you and your visitors. The private playground gives your nieces, nephews and grandkids another reason to visit. An 8-minute Uber ride is all that separates you from the restaurant row and retail corridor that is Bell Blvd. Take a tour of global cuisines -- no passport necessary for this United Nations of restaurants. With fare hailing from all corners of the globe, Kyclades, Double Happiness, and The Cuban are among the notables. Bayside to Broadway: A 26-minute ride on the LIRR gets you into Penn Station in time for the Rangers and Knicks games. Season tickets sold separately. The Q28 bus stops steps from your lobby. Fort Totten, Crocheron Park, and Clearview Golf Course cater to your active, outdoor lifestyle. Reach out directly to the listing agent at Sotheby’s for an appointment. ###

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,840
• − Mortgage interest: −$14,004
• − Property taxes: −$3,750
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,627
• − Management: −$2,627
• − Depreciation: −$7,273
• Taxable income: $1,309
• Est. tax owed @ 24.0%: −$314
• After-tax cash flow: $4,897/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Queens County · 1,914,869 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 19,469
• Household income: $98,875
• Rent vs Own: 23.6% rent · 76.4% own
• Severe rent burden: 496.0

Population outlook (Queens County) Hauer SSP2

• Today (2025): 2,546,320 people
• By 2030: 2,643,059 · +3.8%
• By 2040: 2,815,563 · +10.6%
• By 2050: 2,944,423 · +15.6%
• By 2075: 3,123,338 · +22.7%
• By 2100: 3,098,688 · +21.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 54% Asian 29% Hispanic / Latino 12% Two or more races 6% Black 1%
• Hispanic origin (detail): Puerto Rican 3% Cuban 2% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Estonian 1%
• Foreign-born: 33% · China, South Korea, Canada
• Languages at home: 58% English-only · Chinese 14% Other Indo-European 11% Korean 8%

Political lean MEDSL · Queens

• 2024 margin: Strong D (+24.6) · D 62.3% · R 37.7%
• 2008→2024 swing: -26.2pp toward R · 2008: 50.8pp · 2024: 24.6pp
• All cycles: 2024: D+24.6 2020: D+45.2 2016: D+53.4 2012: D+58.5 2008: D+50.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.26%
• Current HPI: 204.1422
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+14.2% since first listed

13 events — show timeline

• 2026-04-02 Price Changed $250,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-18 Listed $235,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-05 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-01-05 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-11-02 Price Changed $230,000 OneKey® MLS as Distributed by MLS Grid
• 2025-06-07 Listed $245,800 OneKey® MLS as Distributed by MLS Grid
• 2025-06-06 Coming Soon — OneKey® MLS as Distributed by MLS Grid
• 2023-11-11 Delisted — RLS at REBNY
• 2023-10-31 Sold (MLS) $210,000 RLS at REBNY
• 2023-09-28 Relisted — RLS at REBNY
• 2023-06-07 Listed $218,888 RLS at REBNY
• 2022-09-29 Sold (MLS) $210,000 RLS at REBNY
• 2022-08-05 Listed $218,888 RLS at REBNY