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Map
$519,000
●
Condo -
Off Market
119-49 Union Turnpike #8A
Forest Hills, NY 11375
1 Bed
1 Bath
$3,752
Est. Monthly
$828
HOA / Fees
4.39%
Cap Rate
About This Property
Forest Hills Condo Gem! Oversized, Bright and Spacious 830 sq.ft
Luxury 1 Bedroom Condominium Apartment with a separate dining room
with two windows on the 8th floor in the Hi-Rise building in Forest
Hills. Modern windowed kitchen with stainless steel appliances
including the dishwasher and microwave. Renovated bathroom,
hardwood floors throughout. Very sunny and airy, Central A/C,
plenty of closet space. The building features secure entry, a part
time doorman, live-in super, on-site new laundry room, gym, and a
lobby with seating area for residents and visitors. Pets allowed,
subject to board approval. Conveniently Located near Restaurants,
Shopping and Transportation on Queens Blvd and Austin street. Less
Than One Block Away from express E And F Trains, R/M and LIRR.
Parking Garage is in the building. Don't miss out!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$375
HOA Dues
$828
Year Built
1971
Payment Calculator
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Cap Rate Calculator
Purchase Price
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Operating Profit
Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 7 months ago (OneKey MLS #ONE3488900)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | $450,000 | |
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 9, 2024 | Price Decreased |
$460,000
↓ $25K
(5.2%)
|
|
| Price Decreased | |||
| Apr 16, 2024 | Listed by Charles Rutenberg Realty Inc | $485,000 | |
| Listed by Charles Rutenberg Realty Inc | |||
|
|||
|
Forest Hills Condo Gem! Oversized, Bright and Spacious 830 sq ft.
Luxury 1 Bedroom/ Jr.4 (separate dining room with two windows)
Condominium Apartment on the 8th floor in the Hi-Rise building. The
unit has beautiful uninterrupted city view. Modern windowed kitchen
with stainless steel appliances including the dishwasher and
microwave. Renovated bathroom, hardwood floors throughout. Very
sunny and airy, Central A/C, plenty of closet space. The building
features secure entry, a part time…
|
|||
| Apr 11, 2024 | Delisted | - | |
| Delisted | |||
Show More
Property Highlights
Garage
Parking Available
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Open Parking
Attached Garage
Parking Features: Attached, Covered, Garage
Interior Details
Full Bathrooms: 1
Interior Features: Master Downstairs, First Floor Bedroom, Efficiency Kitchen, Elevator, Formal Dining, Granite Counters, L Dining, Living Room/Dining Room Combo, Master Bath, Walk-In Closet(s)
Appliances: Dishwasher, Microwave, Oven, Refrigerator
Flooring Type: Hardwood
Rooms: 4
Basement: Finished, Full
Exterior Details
Square Footage : 830
Architectual Style: High Rise
Property Type: Residential
Property Sub Type: Condominium
Property Condition: Excellent
Year Built: 1971
Levels: One
Building Area Units: Square Feet
Construction Methods: Brick
Lot Features: Near Public Transit
Water Source: Public
Water Source: None
Financial Details
Tax Annual Amount: $4,500
Utilities Details
Cooling: Yes
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Directions: Mapquest.com
County or Parish: Queens
Other Details
Association Fee Includes: Sewer, Snow Removal, Trash, Heat, Hot Water
Association Fee: $828
Association Fee Freq: Monthly
Selling Agency Compensation: 2%
On Market Date: 2023-07-05
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
1
Bath
-
$450,000
Apr 16, 2024
$450,000
Aug 28, 2024
$1,282/mo
Condo
1
Bed
1
Bath
-
$549,000
Feb 15, 2022
$549,000
Sep 2, 2022
$1,210/mo
Condo
1
Bed
1
Bath
-
$545,000
Sep 22, 2020
$545,000
Feb 15, 2021
$862/mo
Condo
1
Bed
1
Bath
-
$540,000
Oct 4, 2019
$540,000
Dec 27, 2019
$1,166/mo
Co-op
2
Beds
2
Baths
-
$490,000
Apr 27, 2023
$490,000
Aug 28, 2023
$1,424/mo
Co-op
2
Beds
2
Baths
-
$570,000
Aug 2, 2022
$570,000
Oct 25, 2022
$1,533/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/16/2024
|
1 Bed
|
1 Bath
|
-
|
$485,000
1 Bed
1 Bath
|
$450,000
-7.22%
08/28/2024
|
-
|
Viktoriya Pagi
Charles Rutenberg Realty Inc
|
|
|
07/05/2023
|
1 Bed
|
1 Bath
|
-
|
$519,000
1 Bed
1 Bath
|
-
-
|
-
|
Viktoriya Pagi
Charles Rutenberg Realty Inc
|
|
|
03/09/2023
|
2 Bed
|
2 Bath
|
-
|
$725,000
2 Bed
2 Bath
|
-
-
|
-
|
Viktoriya Pagi
Charles Rutenberg Realty Inc
|
|
|
01/01/2023
|
1 Bed
|
1 Bath
|
-
|
$529,000
1 Bed
1 Bath
|
-
-
|
-
|
Viktoriya Pagi
Charles Rutenberg Realty Inc
|
|
|
06/28/2022
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
-
-
|
-
|
Viktoriya Pagi
Charles Rutenberg Realty Inc
|
|
|
04/16/2022
|
2 Bed
|
2 Bath
|
-
|
$848,000
2 Bed
2 Bath
|
-
-
|
-
|
Christine Skouloudis
Voro LLC
|
|
|
02/15/2022
|
1 Bed
|
1 Bath
|
-
|
$549,888
1 Bed
1 Bath
|
$549,000
-0.16%
09/02/2022
|
-
|
George Herrera
Keller Williams Realty Empire
|
|
|
07/11/2021
|
2 Bed
|
1 Bath
|
-
|
$579,000
2 Bed
1 Bath
|
-
-
|
-
|
Ghislaine Zakrzewski
EXP Realty
|
|
|
07/05/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$642,500
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
DAVID CHEN
PINK SPACE LLC
|
|
|
05/12/2021
|
2 Bed
|
1 Bath
|
-
|
$658,998
2 Bed
1 Bath
|
-
-
|
-
|
Michael Blake
ERA/Top Service Realty Inc
|
|
|
10/21/2020
|
2 Bed
|
1 Bath
|
-
|
$669,000
2 Bed
1 Bath
|
-
-
|
-
|
Lily Tran
EXP Realty
|
|
|
10/16/2020
|
2 Bed
|
1 Bath
|
-
|
$669,000
2 Bed
1 Bath
|
-
-
|
-
|
Lily Tran
EXP Realty
|
|
|
10/14/2020
|
2 Bed
|
1 Bath
|
-
|
$659,000
2 Bed
1 Bath
|
-
-
|
-
|
Lily Tran
EXP Realty
|
|
|
09/29/2020
|
2 Bed
|
1 Bath
|
-
|
$668,000
2 Bed
1 Bath
|
-
-
|
-
|
Lily Tran
EXP Realty
|
|
|
09/22/2020
|
1 Bed
|
1 Bath
|
-
|
$569,000
1 Bed
1 Bath
|
$545,000
-4.22%
02/15/2021
|
-
|
Roman Khodosh
RK Capital Group LLC
|
|
|
07/26/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$849,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
Christine Skouloudis
Voro LLC
|
|
|
06/04/2020
|
Studio
|
1 Bath
|
-
|
$435,000
Studio
1 Bath
|
-
-
|
-
|
Christine Skouloudis
Voro LLC
|
|
|
10/04/2019
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$540,000
-1.82%
12/27/2019
|
-
|
Theanne Ricci
Coach REALTORS Fennessy Assoc
|
|
|
09/06/2019
|
1 Bed
|
1 Bath
|
-
|
$489,000
1 Bed
1 Bath
|
-
-
|
-
|
Mingji Moy
Douglas Elliman Real Estate
|
|
|
11/15/2018
|
3 Bed
|
2 Bath
|
1250 ft²
|
$948,000
3 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
Christine Skouloudis
Voro LLC
|
|
|
08/31/2018
|
1 Bed
|
1 Bath
|
-
|
$539,000
1 Bed
1 Bath
|
-
-
|
-
|
Christine Skouloudis
Voro LLC
|
|
|
06/14/2018
|
|
2 Bed
|
1 Bath
|
-
|
$649,000
2 Bed
1 Bath
|
-
-
|
-
|
-
|
|
07/30/2017
|
|
2 Bed
|
2 Bath
|
1250 ft²
|
-
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
-
|
|
04/13/2016
|
3 Bed
|
2 Bath
|
-
|
$625,000
3 Bed
2 Bath
|
$630,000
+0.80%
10/31/2016
|
-
|
Phyllis Pei
Prudential Douglas Elliman Real Estate
|
|
|
08/18/2015
|
2 Bed
|
2 Bath
|
-
|
$689,000
2 Bed
2 Bath
|
-
-
|
-
|
Phyllis Pei
Prudential Douglas Elliman Real Estate
|
Building Info
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Last Updated: 7 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
