35-36 Clearview Expy #369 · New York, NY 11361

$209,000

1 bd · 1.0 ba · 650 sqft · Condo · 46 Days on market

Built 1950 ↓ 9% since listing

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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 +25.8/30.0
• DSCR +8.6/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Schools +5.0/10.0
• Rent growth +3.9/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

Key facts

• Built 1950
• Listed 46 days

Property features AI

Finance

• HOA & community: Association maintains grounds and provides snow removal; Association fee includes exterior maintenance, grounds care, heat, hot water, sewer, snow removal, trash and water; Additional fees of $101.02 through 09/2026

Exterior

• Parking: On-street parking; No carport
• Utilities: Public sewer; Electricity available; Natural gas available; Water available; Sewer available
• Home design: Stock cooperative
• Construction: Brick construction
• Exterior features: Brick exterior; Not waterfront

Interior

• Kitchen: Gas range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Steam heating; Wall/window air conditioning units
• Interior features: Open floorplan; Entry on 2nd level; No basement; 4 rooms total

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $209k.

Deal economics

• At list price, monthly cash flow is $506 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $209k).
• Recommended offer: $203k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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 (+5.4%/yr); 166 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 $1k of loan paydown is wiped out by about $6k 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 + 5.4% rent growth), your $59k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($203k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y ago 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

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $202,730 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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. 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 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: 1.18% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.38%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.41% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.08×
• Total profit: $4,546
• Equity at exit: $31,163

10-year hold

• IRR: 13.8%
• Equity multiple: 2.23×
• Total profit: $72,063
• Equity at exit: $18,071

Cash invested: $58,520 (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 11361

• Rents YoY: 5.4%
• Active inventory: 166
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,469 high
• Mortgage (P&I): −$1,096
• Tax est. 1.5%: −$261 /mo · $3,135/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$519
• Net cashflow: $506

Break-even live

Break-even rent $1,828

Max offer price $209,000

Occupancy floor 74%

Sensitivity live

Price	-10% $651	-5% $578	+0% $506	+5% $434	+10% $362
Rent	-10% $311	-5% $409	+0% $506	+5% $604	+10% $701
Rate	-1.0pp $612	-0.5pp $559	base $506	+0.5pp $452	+1.0pp $397

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29-04 204th St Unit 1Floor Flushing, NY	1.0	1.0	700	$2,600	$3.71	19d	1	0.50mi
40-11 214th Pl Unit 2R Bayside, NY	1.0	1.0	650	$2,800	$4.31	5d	1	0.63mi
196-42 44th Ave #2 Flushing, NY	1.0	1.0	600	$2,200	$3.67	5d	1	0.65mi
168-10 Crocheron Ave Unit 1A Flushing, NY	1.0	1.0	750	$2,250	$3.00	19d	1	0.90mi
3620 168th St Flushing, NY	1.0	1.0	700	$2,350	$3.36	7d	2	0.92mi
16-66 Bell Blvd Unit 736 Bayside, NY	—	1.0	600	$2,350	$3.92	25d	1	1.23mi
1670 Bell Blvd Bayside, NY	2.0	1.0–1.5	600	$2,600	$4.33	3d	4	1.26mi
16-05 Bell Blvd Unit 1st Floor Flushing, NY	1.0	1.0	700	$2,400	$3.43	25d	1	1.34mi
1785 215th St Unit 15J Bayside, NY	1.0	1.0	620	$3,500	$5.65	25d	1	1.36mi
4531 163rd St Unit 1 Flushing, NY	1.0	1.0	600	$2,250	$3.75	8d	1	1.39mi

HOA detail condo

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

Listing history 12 events

1. 2026-06-03
   statusdays on market $209,000 Pending 46 DOM
2. 2026-06-01
   days on market $209,000 Active 45 DOM
3. 2026-05-31
   days on market $209,000 Active 44 DOM
4. 2026-04-17
   listed $209,000 Active
5. 2026-02-02
   status Pending
6. 2026-01-05
   listed $209,000 Active
7. 2020-01-15
   soldstatus $233,888 Closed 528-char remark

   Show marketing remark (528 chars)

   Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

8. 2019-10-15
   status Under Contract 528-char remark

   Show marketing remark (528 chars)

   Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

9. 2019-10-15
   status Price Change 528-char remark

   Show marketing remark (528 chars)

   Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

10. 2019-10-15
    price $239,000 528-char remark

    Show marketing remark (528 chars)

    Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

11. 2019-10-08
    status Under Contract 528-char remark

    Show marketing remark (528 chars)

    Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

12. 2019-09-21
    listed $229,000 New 528-char remark

    Show marketing remark (528 chars)

    Upper Unit Garden Apt. in Baydale Co-op's. 1 Bd/1 Bth w/ Eat in Kitchen features Brand New Appliances. close Proximity to Flushing(Francis Lewis Blvd), close proximity to Downtown Bayside at Bell Blvd, to BayTerrace Shopping Center. Cat Friendly and No Flip Tax. 5 Mins from the Throgs Neck Bridge, 10 Mins. to Whitestone Bridge. Clearview Expressway access within 1 min. Parking on Street, and additional Parking in lot for $75 monthly / $150 Garage Monthly(by waiting list)., Additional information: Appearance:Excellent

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

Taxation est. · year 1

• Rental income: $29,630
• − Mortgage interest: −$11,707
• − Property taxes: −$3,135
• − Insurance: −$1,045
• − Repairs & maintenance: −$2,370
• − Management: −$2,370
• − Depreciation: −$6,080
• Taxable income: $2,922
• Est. tax owed @ 24.0%: −$701
• After-tax cash flow: $5,374/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): 30,127
• Household income: $105,932
• Rent vs Own: 41.1% rent · 58.9% own
• Severe rent burden: 1087.0

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: Asian 42% White 37% Hispanic / Latino 15% Two or more races 7% Black 4%
• Hispanic origin (detail): Puerto Rican 3% Dominican 2%
• Common ancestry: Romanian 2% Scotch-Irish 1% Lithuanian 1%
• Foreign-born: 40% · China, South Korea, Canada
• Languages at home: 47% English-only · Chinese 22% Korean 11% Spanish 9%

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: ▼ -190.52%
• Current HPI: 317.8526
• Rent YoY: ▲ 5.41%
• 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

-8.7% since first listed

9 events — show timeline

• 2026-04-17 Listed $209,000 OneKey® MLS as Distributed by MLS Grid
• 2026-02-02 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-01-05 Listed $209,000 OneKey® MLS as Distributed by MLS Grid
• 2020-01-15 Sold (MLS) $233,888 OneKey® MLS as Distributed by MLS Grid
• 2019-10-15 Pending — OneKey® MLS as Distributed by MLS Grid
• 2019-10-15 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2019-10-15 Price Changed $239,000 OneKey® MLS as Distributed by MLS Grid
• 2019-10-08 Pending — OneKey® MLS as Distributed by MLS Grid
• 2019-09-21 Listed $229,000 OneKey® MLS as Distributed by MLS Grid