83-75 Woodhaven Blvd Unit C1 · New York, NY 11421

$330,000

2 bd · 1.0 ba · 890 sqft · Condo public records · 11 Days on market

Built 1955

---

Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Cash flow +4.8/30.0
• 1% rule +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

Key facts

• Renovated kitchen
• Garage
• Built 1955

Tags

• RENOVATED KITCHEN
• STAINLESS STEEL APPLIANCES
• FIRST FLOOR LAUNDRY ROOM
• EASY ACCESS TO GOLF COURSES
• EASY ACCESS TO TENNIS COURTS
• EASY ACCESS TO RUNNING PATHS

Property features AI

Finance

• HOA & community: Building amenities include elevator(s) and live-in superintendent; Association fee includes utilities

Exterior

• Parking: Garage available (details: Has Garage); No carport
• Utilities: Electricity connected (Con-Edison); Natural gas connected; Water connected; Public sewer
• Home design: Stock cooperative; 6-story building; Entry level: 1
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Gas oven; Refrigerator; Stainless steel appliances
• Bedrooms: Bedroom on first floor
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Baseboard heating; Wall/window air conditioning units
• Interior features: First-floor bedroom; First-floor full bathroom; Elevator access; High-speed internet; Open floor plan; Cats allowed, no dogs

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $330k.

Deal economics

• At list price, monthly cash flow is $-801 ($-10k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $294k (10.9% below list).
• Recommended offer: $294k (10.9% below list) — sets the bar for 1% rule.
• Cap rate 3.4% vs local median 2.6% in New York — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Zoned schools: Elm Tree Elementary School (math 27% / reading 52%, grade F, #1,444 of 2,108 statewide, top 71%, 806 students, 94% FRL); Is 227 Louis Armstrong (math 52% / reading 69%, grade B+, #153 of 729 statewide, top 21%, 1,528 students, 68% FRL); Midwood High School (math 94% / reading 96%, grade A+, #83 of 1,100 statewide, top 8%, 4,062 students, 73% FRL).
• Market conditions: 140 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 27d 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 39% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $18k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $260k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 51% chance of damaging wind over 30y; extreme-heat days projected 6→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $294,128 (10.9% 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 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
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. 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?
9. 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.
10. 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.
11. 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: 0.89% ✗
• Cap rate: 3.38%
• Cash-on-cash: -10.40%
• DSCR: 0.54
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -34.8%
• Equity multiple: -0.12×
• Total profit: $-103,924
• Equity at exit: $49,204

10-year hold

• IRR: -43.5%
• Equity multiple: -0.67×
• Total profit: $-153,894
• Equity at exit: $28,532

Cash invested: $92,400 (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 11421

• Active inventory: 140
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,941 high
• Mortgage (P&I): −$1,731
• Tax est. 1.5%: −$412 /mo · $4,950/yr
• Insurance: −$138
• HOA est. from 4 same-building comps: −$844
• Vacancy / Maint / Mgmt: −$618
• Net cashflow: $-801

Break-even live

Break-even rent $3,955

Max offer price $214,102

Occupancy floor —

Sensitivity live

Price	-10% $-573	-5% $-687	+0% $-801	+5% $-915	+10% $-1,029
Rent	-10% $-1,033	-5% $-917	+0% $-801	+5% $-685	+10% $-569
Rate	-1.0pp $-635	-0.5pp $-717	base $-801	+0.5pp $-886	+1.0pp $-973

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: $82,500
• Closing costs: $9,900
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8456 98th St Woodhaven, NY	1.0	1.0	1092	$2,500	$2.29	12d	1	0.14mi
85-20 85th Rd Unit 2nd Floor Jamaica, NY	3.0	1.0	1100	$3,200	$2.91	20d	1	0.46mi
94-17 90th Ave Unit 2nd Floor Jamaica, NY	3.0	2.0	1040	$3,000	$2.88	9d	1	0.64mi
78-68 84th St Unit 2 Flushing, NY	2.0	1.0	800	$3,500	$4.38	26d	1	0.68mi
88-23 85th St Unit 1L Jamaica, NY	3.0	1.0	1000	$3,300	$3.30	26d	1	0.74mi
9915 Ascan Ave Forest Hills, NY	2.0	1.0	600	$2,700	$4.50	26d	1	0.85mi
76-09 88th Ave Unit 1 Woodhaven, NY	3.0	2.0	960	$3,700	$3.85	21d	1	0.94mi
88-18 77th St Unit 2 Jamaica, NY	3.0	1.0	913	$3,295	$3.61	26d	1	0.96mi
8371 116th St Unit 7C Richmond Hill, NY	1.0	1.0	800	$2,600	$3.25	0d	1	0.97mi
8371 116th St Jamaica, NY	1.0	1.0	688	$2,725	$3.96	7d	2	0.97mi
8375 117th St Richmond Hill, NY	1.0	1.0	650	$2,695	$4.15	26d	1	1.00mi
8375 117th St Unit 5E Richmond Hill, NY	1.0	1.0	650	$2,650	$4.08	13d	1	1.00mi
11624 Grosvenor Ln Unit 11D Richmond Hill, NY	2.0	2.0	950	$3,200	$3.37	26d	1	1.03mi
83-60 118th St Unit 4F Kew Gardens, NY	2.0	1.0	800	$2,500	$3.12	26d	1	1.04mi
90-18 77th St Unit 2 Jamaica, NY	3.0	1.0	913	$3,295	$3.61	26d	1	1.06mi
8383 118th St Kew Gardens, NY	1.0–2.0	1.0–1.5	900	$3,200	$3.56	26d	2	1.08mi
83-83 118th St Unit 2E Kew Gardens, NY	2.0	1.5	1000	$3,200	$3.20	16d	1	1.08mi
91-04 75th St Unit 1 Jamaica, NY	1.0	1.0	600	$2,100	$3.50	26d	1	1.19mi
91-04 75th St Unit 2 Jamaica, NY	3.0	1.0	800	$3,700	$4.62	26d	1	1.19mi
91-19 75th St #1 Woodhaven, NY	1.0	1.0	600	$2,100	$3.50	9d	1	1.19mi
97-56 105th St #2 Ozone Park, NY	3.0	2.0	1000	$3,811	$3.81	26d	1	1.20mi
150 Greenway Ter Forest Hills, NY	1.0–2.0	1.0	937	$4,300	$4.59	1d	2	1.23mi
150 Greenway Ter Forest Hills, NY	1.0–2.0	1.0	937	$4,300	$4.59	22d	2	1.23mi
12015 Jamaica Ave Unit 2 Jamaica, NY	2.0	1.0	700	$2,200	$3.14	26d	1	1.24mi
122-08 Hillside Ave Unit 2 Jamaica, NY	2.0	1.0	700	$2,500	$3.57	26d	1	1.30mi
123-16 Hillside Ave Unit 1st Fl Jamaica, NY	2.0	1.0	869	$2,700	$3.11	26d	1	1.36mi
8711 123rd St Richmond Hill, NY	3.0	1.0	1000	$3,000	$3.00	5d	1	1.37mi
124-14 Metropolitan Ave Unit 2F Kew Gardens, NY	2.0	1.0	850	$2,900	$3.41	26d	1	1.38mi
7540 Austin St Unit 4HR Forest Hills, NY	1.0	1.0	841	$2,600	$3.09	1d	1	1.38mi
12401 Hillside Ave Richmond Hill, NY	2.0	1.0	800	$2,700	$3.38	1d	1	1.38mi
65-68 Ellwell Cres Unit 2 Flushing, NY	3.0	1.0	900	$3,800	$4.22	26d	1	1.42mi
11007 73rd Rd Forest Hills, NY	1.0	1.0	950	$1,800	$1.89	20d	1	1.44mi
10919 72nd Rd Unit 6F Forest Hills, NY	1.0	1.0	696	$3,485	$5.01	13d	1	1.48mi
6725 Dartmouth St Unit 3L Forest Hills, NY	2.0	1.0	800	$2,700	$3.38	26d	1	1.49mi
108-25 72nd Ave Unit 6B Flushing, NY	2.0	1.0	800	$3,900	$4.88	1d	1	1.49mi

HOA detail condo

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

Listing history 22 events

1. 2026-06-21
   days on market $330,000 Active 11 DOM
2. 2026-06-18
   days on market $330,000 Active 8 DOM
3. 2026-06-17
   days on market $330,000 Active 7 DOM
4. 2026-06-16
   days on market $330,000 Active 6 DOM
5. 2026-06-15
   days on market $330,000 Active 5 DOM
6. 2026-06-13
   remarks 693-char remark
7. 2026-06-13
   pricedays on marketlisting id $330,000 Active 3 DOM
8. 2026-06-10
   days on market $340,000 Active 80 DOM
9. 2026-06-08
   days on market $340,000 Active 79 DOM
10. 2026-06-08
    days on market $340,000 Active 78 DOM
11. 2026-06-04
    days on market $340,000 Active 75 DOM
12. 2026-06-03
    days on market $340,000 Active 74 DOM
13. 2026-06-01
    days on market $340,000 Active 72 DOM
14. 2026-05-31
    days on market $340,000 Active 71 DOM
15. 2026-05-12
    price $340,000
16. 2026-03-21
    listed $348,000 Active
17. 2026-03-14
    historical $348,000
18. 2021-05-03
    soldstatus $260,000 Closed 742-char remark

    Show marketing remark (742 chars)

    Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

19. 2020-11-09
    status Pending 742-char remark

    Show marketing remark (742 chars)

    Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

20. 2020-10-13
    price $279,000 742-char remark

    Show marketing remark (742 chars)

    Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

21. 2020-10-05
    price $284,000 742-char remark

    Show marketing remark (742 chars)

    Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

22. 2020-09-25
    listed $289,000 Active 742-char remark

    Show marketing remark (742 chars)

    Prime Woodhaven location! This 2 bedroom coop is in amazing condition! The home boasts hardwood and tile floors, two spacious bedrooms with plenty of closet and storage space, fully renovated bathroom, freshly painted rooms, updated kitchen, and an extra storage room. Amenities include quick and easy access to the multitude of establishments along Woodhaven Blvd., Myrtle Ave., and Jamaica Ave.; P.S. 97, P.S. 254, P.S. 66, Forest Park, the Queens Public Library, and much more. Transportation options include immediate access to the Q11, Q21, Q55, Q56, and Q29 buses, and the Woodhaven Blvd. J and Z train station. The parking in the garage is currently on waitlist. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 6 d/yr ≥99°F today · 12 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% 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: $35,295
• − Mortgage interest: −$18,485
• − Property taxes: −$4,950
• − Insurance: −$1,650
• − Repairs & maintenance: −$2,824
• − Management: −$2,824
• − HOA: −$10,128
• − Depreciation: −$9,600
• Taxable loss: −$15,165
• Est. tax savings @ 24.0%: +$3,640
• After-tax cash flow: $-5,972/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): 40,612
• Household income: $90,685
• Rent vs Own: 45.2% rent · 54.8% own
• Severe rent burden: 1540.0

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 0.63)
• Race & ethnicity: Hispanic / Latino 56% Two or more races 24% Asian 20% White 13% Black 4%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Dominican 18%
• Common ancestry: Romanian 2%
• Foreign-born: 52% · Canada, China, Jamaica
• Languages at home: 30% English-only · Spanish 46% Chinese 9% Other Indo-European 7%

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: ▼ -409.05%
• Current HPI: 298.1143
• 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

+17.6% since first listed

8 events — show timeline

• 2026-05-12 Price Changed $340,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-21 Listed $348,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-14 Coming Soon $348,000 OneKey® MLS as Distributed by MLS Grid
• 2021-05-03 Sold (MLS) $260,000 OneKey® MLS as Distributed by MLS Grid
• 2020-11-09 Pending — OneKey® MLS as Distributed by MLS Grid
• 2020-10-13 Price Changed $279,000 OneKey® MLS as Distributed by MLS Grid
• 2020-10-05 Price Changed $284,000 OneKey® MLS as Distributed by MLS Grid
• 2020-09-25 Listed $289,000 OneKey® MLS as Distributed by MLS Grid