39-76 57th St Unit 6E · New York, NY 11377

$340,000

1 bd · 1.0 ba · — sqft · Townhouse · 130 Days on market

Built 1963

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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 +24.5/30.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Schools +5.0/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Perched on the 6th floor of the well-maintained 7-story Chateau Coop Building, this charming 1-bedroom, 1-bathroom residence offers the perfect blend of comfort, natural light, and unbeatable location. With desirable southeast-facing windows with a warm and inviting atmosphere from the moment you step inside. This move-in-ready home features a spacious and thoughtfully designed layout. The bright living room provides a cozy yet open setting for relaxing or entertaining. The well-appointed kitchen offers an efficient layout. The generously sized bedroom serves as a peaceful retreat, and the renovated bathroom adds a modern touch to your daily routine. Ample closet space throughout ensures youll have storage to spare. The Chateau Building is situated on a quiet, tree-lined street in the heart of vibrant Woodside, one of Queens most dynamic and convenient neighborhoods. Just moments from an incredible selection of restaurants featuring cuisines from around the world, local cafes, grocery stores, and everyday essentials, everything you need is right outside your door. Commuters will love the easy access to the 7 train, LIRR, and Q18 bus, making travel throughout New York City seamless and efficient. This sunny and welcoming home offers an exceptional opportunity to enjoy the best of Woodside living if youre a first-time buyer in a prime location. Dont miss your chance to own a beautiful unit in one of the areas most desirable co-op buildingsschedule your showing today!

Key facts

• Renovated bathroom
• Easy access to lirr
• Ample closet space

Tags

• SOUTHEAST FACING WINDOWS
• RENOVATED BATHROOM
• AMPLE CLOSET SPACE
• TREE LINED STREET
• EASY ACCESS TO 7 TRAIN
• EASY ACCESS TO LIRR

Property features AI

Finance

• HOA & community: Association: Chateau Owners Corp

Exterior

• Parking: On-street parking
• Utilities: Con Edison electric service; Public sewer; Cable available; Electricity available; Natural gas available; Sewer service available; Public trash collection; Water available
• Home design: Stock cooperative; One-level unit; Entry level: 6th floor or higher; Actual property condition
• Construction: Brick construction; Brick/mortar foundation
• Exterior features: No waterfront; Park nearby (community feature)

Interior

• Kitchen: Gas oven; Gas range; Microwave; Refrigerator
• Bedrooms: Includes a first-floor bedroom
• Flooring: Hardwood flooring
• Bathrooms: One full bathroom
• Heating & cooling: Hot water heating; Natural gas heating; Steam heating; Wall/window air conditioning unit(s)
• Interior features: First floor bedroom; First floor full bath; Double pane windows; Common area laundry and dedicated laundry room; 7-story building; unit on the 6th floor or higher; Pets not allowed (no dogs)
• Laundry & utility: Common area laundry; Laundry room

🏢 Co-op / cooperative unit. The $340,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath townhouse listed at $340k.

Deal economics

• At list price, monthly cash flow is $699 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $340k).
• Recommended offer: $299k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% 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 (+6.1%/yr); 351 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 5,302 units permitted in Queens County in 2024 (4,918 in 5+ unit buildings).
• At $3,860/mo this rent would consume 63% of the median local household income ($73k/yr) (locally 5474% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.
• At projected returns (-3.0% appreciation + 6.1% rent growth), your $95k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 130 days — a 12% lower offer ($299k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $299,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 130 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
8. 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.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 8.76%
• Cash-on-cash: 8.82%
• DSCR: 1.39
• GRM: 7.3

CMA / ARV

No comps found within radius.

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
52-30 39th Ave Unit 2B	0.23mi	1/1.0	568	1mo	$310,000	$546	76
52-30 39th Unit 3V	0.23mi	1/1.0	800	1mo	$345,000	$431	76
52-21 39th Rd Unit 2B	0.23mi	1/1.0	561	2mo	$394,000	$702	75
39-65 52nd Sts Unit 5N	0.24mi	1/1.0	700	2mo	$350,000	$500	75
34 43 60th St Unit 5I	0.31mi	1/1.0	700	1mo	$320,000	$457	73
39-55 51st St Unit 3G	0.30mi	1/1.0	600	1mo	$357,000	$595	72
39-25 51st St Unit 6G	0.30mi	1/1.0	625	2mo	$376,000	$602	72
59-11 Queens Blvd Unit 5H	0.30mi	2/1.0 (+1)	830	2mo	$392,000	$472	67
40-22 61st St Unit 5C	0.24mi	2/2.0 (+1)	—	2mo	$850,000	—	66
4333 48th St Unit 5A	0.50mi	1/1.0	592	1mo	$402,500	$680	63
43-01 46th St Unit 2A	0.58mi	1/1.0	900	2mo	$400,000	$444	59
46-9 69th St	0.74mi	1/2.0	884	0mo	$415,000	$469	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.09% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $1,884
• Equity at exit: $50,695

10-year hold

• IRR: 13.1%
• Equity multiple: 2.19×
• Total profit: $113,335
• Equity at exit: $29,397

Cash invested: $95,200 (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 11377

• Home prices YoY: -28.8%
• Rents YoY: 6.1%
• Active inventory: 351
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $3,860 high
• Mortgage (P&I): −$1,783
• Tax est. 1.5%: −$425 /mo · $5,100/yr
• Insurance: −$142
• HOA: −$0
• Vacancy / Maint / Mgmt: −$811
• Net cashflow: $699

Break-even live

Break-even rent $2,974

Max offer price $340,000

Occupancy floor 77%

Sensitivity live

Price	-10% $934	-5% $817	+0% $699	+5% $582	+10% $465
Rent	-10% $395	-5% $547	+0% $699	+5% $852	+10% $1,004
Rate	-1.0pp $871	-0.5pp $786	base $699	+0.5pp $611	+1.0pp $522

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: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3991 48th St Sunnyside, NY	2.0	2.5	—	$5,800	—	17d	1	0.45mi
3991 48th St Sunnyside, NY	2.0	2.5	—	$5,800	—	8d	1	0.45mi
3991 48th St Sunnyside, NY	2.0	2.5	—	$5,800	—	16d	1	0.45mi
34-35 44th St Astoria, NY	1.0–2.0	1.0–2.0	613	$3,576	$5.83	0d	23	0.82mi
94-18 34th Ave Jackson Heights, NY	2.0	1.0–2.0	—	$4,000	—	3d	23	0.84mi
36-20 Steinway St Unit 231 Astoria, NY	2.0	2.0	—	$5,219	—	25d	1	1.02mi
40-38 82nd St Apt 3C Elmhurst, NY	—	1.0	350	$1,600	$4.57	25d	1	1.21mi
3716 83rd St Jackson Heights, NY	1.0	1.0	700	$1,800	$2.57	20d	1	1.25mi
82-19 Northern Blvd Unit 3A Jackson Heights, NY	2.0	1.0	7175	$3,200	$0.45	25d	1	1.36mi
3531 85th St Queens, NY	1.0	1.0	—	$1,800	—	20d	1	1.39mi
8360 Vietor Ave Unit 6P Elmhurst, NY	2.0	1.0	850	$2,650	$3.12	16d	1	1.40mi
37-27 86th St Unit 6N Flushing, NY	—	1.0	650	$1,900	$2.92	25d	1	1.42mi
51-15 Van Kleeck St Apt 3M Elmhurst, NY	—	1.0	—	$1,850	—	8d	1	1.44mi
3705 30th St Long Island City, NY	2.0	1.0–2.0	700	$4,840	$6.91	11d	3	1.45mi

Listing history 14 events

1. 2026-06-21
   days on market $340,000 Active 130 DOM
2. 2026-06-18
   days on market $340,000 Active 127 DOM
3. 2026-06-17
   days on market $340,000 Active 126 DOM
4. 2026-06-15
   days on market $340,000 Active 124 DOM
5. 2026-06-13
   days on market $340,000 Active 122 DOM
6. 2026-06-10
   pricedays on market $340,000 Active 118 DOM
7. 2026-06-08
   days on market $345,000 Active 117 DOM
8. 2026-06-04
   days on market $345,000 Active 113 DOM
9. 2026-06-03
   days on market $345,000 Active 112 DOM
10. 2026-06-01
    days on market $345,000 Active 110 DOM
11. 2026-05-31
    days on market $345,000 Active 109 DOM
12. 2026-02-12
    listed $345,000 Active 1489-char remark

    Show marketing remark (1489 chars)

    Perched on the 6th floor of the well-maintained 7-story Chateau Coop Building, this charming 1-bedroom, 1-bathroom residence offers the perfect blend of comfort, natural light, and unbeatable location. With desirable southeast-facing windows with a warm and inviting atmosphere from the moment you step inside. This move-in-ready home features a spacious and thoughtfully designed layout. The bright living room provides a cozy yet open setting for relaxing or entertaining. The well-appointed kitchen offers an efficient layout. The generously sized bedroom serves as a peaceful retreat, and the renovated bathroom adds a modern touch to your daily routine. Ample closet space throughout ensures youll have storage to spare. The Chateau Building is situated on a quiet, tree-lined street in the heart of vibrant Woodside, one of Queens most dynamic and convenient neighborhoods. Just moments from an incredible selection of restaurants featuring cuisines from around the world, local cafes, grocery stores, and everyday essentials, everything you need is right outside your door. Commuters will love the easy access to the 7 train, LIRR, and Q18 bus, making travel throughout New York City seamless and efficient. This sunny and welcoming home offers an exceptional opportunity to enjoy the best of Woodside living if youre a first-time buyer in a prime location. Dont miss your chance to own a beautiful unit in one of the areas most desirable co-op buildingsschedule your showing today!

13. 2026-02-11
    listed $345,000 Active
14. 2022-11-21
    historical

ⓘ 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 ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $46,316
• − Mortgage interest: −$19,045
• − Property taxes: −$5,100
• − Insurance: −$1,700
• − Repairs & maintenance: −$3,705
• − Management: −$3,705
• − Depreciation: −$9,891
• Taxable income: $3,169
• Est. tax owed @ 24.0%: −$761
• After-tax cash flow: $7,633/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): 81,690
• Household income: $73,073
• Rent vs Own: 70.5% rent · 29.5% own
• Severe rent burden: 5474.0

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 0.67)
• Race & ethnicity: Hispanic / Latino 40% Asian 36% Two or more races 20% White 20% Black 2%
• Hispanic origin (detail): Mexican 12% Puerto Rican 4% Dominican 5%
• Common ancestry: Romanian 2%
• Foreign-born: 56% · Canada, China, Jamaica
• Languages at home: 27% English-only · Spanish 34% Other Indo-European 16% Chinese 6%

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: ▼ -110.83%
• Current HPI: 273.9408
• Rent YoY: ▲ 6.09%
• 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

+0.0% since first listed

3 events — show timeline

• 2026-02-12 Listed $345,000 RLS at REBNY
• 2026-02-11 Listed $345,000 OneKey® MLS as Distributed by MLS Grid
• 2022-11-21 Rental Removed — RENT.