7345 210th St Unit 6D · New York, NY 11364

$285,000

1 bd · 1.0 ba · 700 sqft · Condo · 17 Days on market

Built 1952

---

Why this score? — see what drove the D 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 +11.1/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +4.6/5.0
• Livability +3.8/5.0
• 1% rule +3.2/10.0
• DSCR +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty, Additional information: Appearance:Excellent,ExterioFeatures:Tennis,Interior Features:Combo Kitchen,Lr/Dr

Key facts

• Separate kitchen
• Tennis courts
• Pool

Tags

• TOP-FLOOR
• SEPARATE KITCHEN
• FULL-AMENITY COMMUNITY
• POOL
• GYM
• TENNIS COURTS

Property features AI

Finance

• HOA & community: Cooperative ownership

Exterior

• Parking: Assigned parking (parking fee applies)
• Utilities: Con-Edison electric service; Public sewer; Cable connected; Electricity connected; Natural gas connected; Water connected
• Home design: Stock cooperative
• Construction: Brick exterior
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Cooktop; Gas cooktop; Dishwasher; Microwave; Refrigerator
• Bedrooms: Entry level: 1
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Wall/window air conditioning units
• Interior features: Ceiling fans; Elevator access; Formal dining area; High-speed internet; Primary bathroom; Quartz/Quartzite counters; Built-in speakers
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $285k.

Deal economics

• At list price, monthly cash flow is $-114 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $268k (5.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (17.6% below list).
• Recommended offer: $235k (17.6% below list) — sets the bar for 1% rule.
• Cap rate 5.8% 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: Rents rising fast (+8.5%/yr); 248 active listings in the ZIP; 5 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Queens County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago; this cycle's ask is 8% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $175k; list at $285k implies a 63% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $234,860 (17.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1952 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.82% ✗
• Cap rate: 5.81%
• Cash-on-cash: -1.72%
• DSCR: 0.92
• GRM: 10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.49×
• Total profit: $-41,007
• Equity at exit: $42,494

10-year hold

• IRR: 1.7%
• Equity multiple: 1.14×
• Total profit: $11,563
• Equity at exit: $24,642

Cash invested: $79,800 (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 11364

• Rents YoY: 8.5%
• Active inventory: 248
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,349 high
• Mortgage (P&I): −$1,495
• Tax est. 1.5%: −$356 /mo · $4,275/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$493
• Net cashflow: $-114

Break-even live

Break-even rent $2,493

Max offer price $268,478

Occupancy floor 100%

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5839 196th Pl Fresh Meadows, NY	2.0	1.0	750	$2,750	$3.67	24d	1	0.96mi
73-49 188th St Unit 2 Flushing, NY	1.0	1.0	650	$2,000	$3.08	24d	1	1.09mi
8827 208th St Queens Village, NY	1.0	1.0	640	$1,900	$2.97	24d	1	1.18mi
8737 Marengo St #1 Hollis, NY	1.0	1.0	720	$1,950	$2.71	11d	1	1.21mi
67-05H 186th Ln Fresh Meadows, NY	2.0	1.0	700	$3,100	$4.43	24d	1	1.23mi

HOA detail condo

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

Listing history 8 events

1. 2026-04-16
   status Pending
2. 2026-03-31
   price $285,000
3. 2026-03-30
   listed $265,000 Active
4. 2016-02-25
   soldstatus $175,000 363-char remark

   Show marketing remark (256 chars)

   Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty

5. 2016-02-25
   soldstatus $175,000 Closed 256-char remark

   Show marketing remark (256 chars)

   Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty

6. 2015-11-05
   status Under Contract 256-char remark

   Show marketing remark (256 chars)

   Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty

7. 2015-10-07
   listed $178,888 New 256-char remark

   Show marketing remark (363 chars)

   Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty, Additional information: Appearance:Excellent,ExterioFeatures:Tennis,Interior Features:Combo Kitchen,Lr/Dr

8. 2015-10-07
   listed $178,888 363-char remark

   Show marketing remark (363 chars)

   Must See Prime Park Local Super Sunny Full Full Reno Stunning Beauty!!! Marble Floors, Stainless Appliances, New Bath, Hardwood Floors, Top Floor, Indoor Parking Is Available, Olympic Size Pool, Tennis Courts, Exercise Club, Reading Club, 24 Hour Secuirty, Additional information: Appearance:Excellent,ExterioFeatures:Tennis,Interior Features:Combo Kitchen,Lr/Dr

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥97°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: $28,183
• − Mortgage interest: −$15,964
• − Property taxes: −$4,275
• − Insurance: −$1,425
• − Repairs & maintenance: −$2,255
• − Management: −$2,255
• − Depreciation: −$8,291
• Taxable loss: −$6,281
• Est. tax savings @ 24.0%: +$1,508
• After-tax cash flow: $137/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): 35,276
• Household income: $98,359
• Rent vs Own: 29.4% rent · 70.6% own
• Severe rent burden: 1288.0

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 0.64)
• Race & ethnicity: Asian 50% White 29% Hispanic / Latino 15% Two or more races 7% Black 2%
• Hispanic origin (detail): Puerto Rican 3% Dominican 2%
• Common ancestry: Romanian 2% Scotch-Irish 2% Lithuanian 1%
• Foreign-born: 44% · China, South Korea, Canada
• Languages at home: 41% English-only · Chinese 30% Spanish 9% 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: ▼ -179.50%
• Current HPI: 242.5386
• Rent YoY: ▲ 8.47%
• 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

+59.3% since first listed

8 events — show timeline

• 2026-04-16 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-31 Price Changed $285,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-30 Listed $265,000 OneKey® MLS as Distributed by MLS Grid
• 2016-02-25 Sold (MLS) $175,000 OneKey® MLS as Distributed by MLS Grid
• 2016-02-25 Sold (MLS) $175,000 MLSLI
• 2015-11-05 Pending — MLSLI
• 2015-10-07 Listed $178,888 MLSLI
• 2015-10-07 Listed $178,888 OneKey® MLS as Distributed by MLS Grid