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New York Queens 11365 Flushing
159-08 59th Avenue
Photo of 159-08 59th Avenue

11

Map

Photo of 159-08 59th Avenue
Photo of 159-08 59th Avenue
$1,180,000
● House - In Contract

159-08 59th Avenue

New York, NY 11365
bedrooms
6 Beds
bathrooms
3 Baths
$6,396
Est. Monthly
14.59%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1930

Listed By

Yuexian Zheng
[email protected]
E Realty International Corp

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Cap Rate Calculator

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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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEYL3549336)

Price History

Date / Event Date Event Price
May 4, 2024 Listed by E Realty International Corp $1,180,000
Listed by E Realty International Corp
Oct 15, 2013 Sold
Premium
Sold
May 24, 2013 Listed by E Realty International Corp $639,000
Listed by E Realty International Corp
Jul 24, 2006 Sold
Premium
Sold

Property Highlights

Parking Details
Parking Features: Other, Private
Interior Details
Full Bathrooms: 3
Rooms: 6
Basement: See Remarks
Exterior Details
Architectural Style: Other
Year Built: 1930
Construction Materials: Other
Lot Features: Near School
Lot Size Area: 2500
Lot Size Units: Square Feet
Lot Size Acres: 0.057
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Tax Lot: 34
Financial Details
Tax Annual Amount: $7,216
Utilities Details
Heating Type: Other, See Remarks
Sewer : Other
Location Details
HOA/Condo/Coop Amenities: Park

Building Info

Overview

    General

  • Year Built: 1930
  • Building Count: 2
  • Floor Count: 3
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25
  • Building Depth: 45
  • Building Frontage: 16
  • Gross Building Area: 1,380

    Building Floor Area

  • Residential Building Floor Area: 1,380

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 1

Building

  • Building Type: B3
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 407
  • City Council District: 20
  • Police Precinct: 109
  • Fire Company: L152
  • Health Area: 2021
  • Sanitation District Borough: 4
  • Sanitation Subsection: 2E
  • School District: 25

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R3A

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 6737
  • Lot: 34
  • Borough Block Lot: 4067370034

    Address

  • Full Address: 159-08 59 Avenue
  • Zip Code: 11365

Valuation

    Assessments Valuation

  • Assessed Total Value: $49,680
  • Assessed Land Value: $13,320

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeastern Queens

Stats & Trends

Median Asking:

$798,000

Sale Price/ft²

$666

Below Asking

0.01%

Average Days on Market

104

Average Home Size

1234 ft²

Average Home Age

58.4 years

Currently For Sale

1840 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,000 /mo

  • Studio
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87-15 165th Street #5P, Jamaica, NY 11432 Listing by Christopher Arias
Unit for rent at 178-02 Hillside Avenue, JAMAICA HILLS, NY, 11432

$3,850 /mo

  • 2 Beds
  • 2 Baths
  • 941 ft²
178-02 Hillside Avenue #320, JAMAICA HILLS, NY, 11432 Listing by Douglas Wagner
Unit for rent at 33-71 Prince Start, Flushing, NY, 11354

$3,929 - $4,232 /mo

  • 2 Beds
  • 2 Baths
  • 716 ft²
33-71 Prince Start, Flushing, NY, 11354 Listing by Xian Zheng

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 159-8 59th Avenue built and last sold?
The property at 159-8 59th Avenue was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 159-8 59th Avenue is $1,191,800.
What are some comparable homes to 159-8 59th Avenue?
There are currently no comparable homes to 159-8 59th Avenue.
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