35-51 85th Street #4N
About This Property
Roosevelt Terrace is an original co-op built in 1955 with all units owner occupied, no sublets allowed, not investor friendly. Elevator building with new card operated laundry room, additional storage ($10/month), Parking garage covered $95/month, uncovered $65/month, large private playground and live in super. Walk to the 7/E/F/M/R and many great shops and restaurants nearby in Historic Jackson Heights. Very strong building financials, no assessments. LOW MAINTENANCE $461 includes all utilities. 20% down payment. Pet friendly building, dogs are allowed.
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Cap Rate Calculator
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 .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 15, 2018 | No longer available | - | |
No longer available | |||
Dec 14, 2018 | Sold to Daichi Tokuda | $210,000 | |
Sold to Daichi Tokuda | |||
Sep 18, 2018 | In contract | - | |
In contract | |||
Aug 16, 2018 | Price Decreased |
$225,000
↓ $10K
(4.3%)
|
|
Price Decreased | |||
Jul 24, 2018 | Price Decreased |
$235,000
↓ $3K
(1.3%)
|
|
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/09/2024
|
1 Bed
|
1 Bath
|
-
|
$344,000
1 Bed
1 Bath
|
$339,000
-1.45%
08/12/2024
|
-
|
Luis Lizardi
Keller Williams Landmark II
|
|
10/19/2023
|
1 Bed
|
1 Bath
|
-
|
$330,000
1 Bed
1 Bath
|
$330,000
02/05/2024
|
-
|
Corey Thomas
Triplemint
|
|
09/02/2023
|
1 Bed
|
1 Bath
|
-
|
$333,000
1 Bed
1 Bath
|
$313,000
-6.01%
02/26/2024
|
-
|
Suzanne Adler
Triplemint
|
|
08/10/2023
|
1 Bed
|
1 Bath
|
-
|
$344,000
1 Bed
1 Bath
|
-
-
|
-
|
Luis Lizardi
Keller Williams Landmark II
|
|
09/07/2022
|
3 Bed
|
1 Bath
|
-
|
$649,000
3 Bed
1 Bath
|
$649,000
01/31/2023
|
-
|
Ron Zimmerman
Keller Williams Realty Elite
|
|
07/19/2022
|
Studio
|
1 Bath
|
-
|
$222,000
Studio
1 Bath
|
$209,000
-5.86%
03/07/2023
|
-
|
Suzanne Adler
Triplemint
|
|
06/01/2022
|
2 Bed
|
1 Bath
|
-
|
$468,000
2 Bed
1 Bath
|
$442,000
-5.56%
04/18/2023
|
-
|
Stephanie Beaudoin
Beaudoin Realty Group Inc
|
|
04/11/2022
|
1 Bed
|
1 Bath
|
-
|
$335,000
1 Bed
1 Bath
|
-
-
|
-
|
George Athanasopoulos
Breezes Brokerage LLC
|
|
10/11/2021
|
1 Bed
|
1 Bath
|
-
|
$339,000
1 Bed
1 Bath
|
-
-
|
-
|
George Athanasopoulos
Breezes Brokerage LLC
|
|
07/29/2021
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
$300,000
+0.33%
03/23/2022
|
-
|
George Herrera
Keller Williams Realty Empire
|
|
07/19/2021
|
2 Bed
|
1 Bath
|
-
|
$440,000
2 Bed
1 Bath
|
$435,000
-1.14%
04/01/2022
|
-
|
Judy Stagnitta
Keller Williams Realty Greater
|
|
03/19/2021
|
2 Bed
|
1 Bath
|
-
|
$579,000
2 Bed
1 Bath
|
$579,000
08/16/2021
|
-
|
Suzanne Adler
Triplemint
|
|
02/08/2021
|
Studio
|
1 Bath
|
-
|
$189,000
Studio
1 Bath
|
$180,000
-4.76%
02/10/2022
|
-
|
Evantz Saint Gerard
Keller Williams Rlty Landmark
|
|
07/31/2020
|
|
2 Bed
|
1 Bath
|
-
|
$439,000
2 Bed
1 Bath
|
-
-
|
-
|
Gregg P Muirhead
Charles Rutenberg Realty Inc
|
07/10/2020
|
1 Bed
|
1 Bath
|
-
|
$288,000
1 Bed
1 Bath
|
-
-
|
-
|
Judith Echevarria
City Homes Realty Group LLC
|
|
07/10/2020
|
1 Bed
|
1 Bath
|
-
|
$330,000
1 Bed
1 Bath
|
$317,000
-3.94%
02/12/2021
|
-
|
Stephanie Beaudoin
Beaudoin Realty Group Inc
|
|
03/05/2020
|
1 Bed
|
1 Bath
|
-
|
$309,000
1 Bed
1 Bath
|
$300,000
-2.91%
08/17/2020
|
-
|
Ambreen Faruqi
Keller Williams Landmark II
|
|
10/07/2019
|
1 Bed
|
1 Bath
|
-
|
$317,000
1 Bed
1 Bath
|
$305,000
-3.79%
02/12/2020
|
-
|
Stephanie Beaudoin
Beaudoin Realty Group Inc
|
|
09/03/2019
|
Studio
|
1 Bath
|
-
|
$199,000
Studio
1 Bath
|
$199,000
01/24/2020
|
-
|
Jessica Meis
Compass
|
|
05/20/2019
|
2 Bed
|
1 Bath
|
-
|
$448,500
2 Bed
1 Bath
|
$440,000
-1.90%
10/02/2019
|
-
|
Armen Kojoyian
CORE Group Marketing LLC
|
|
05/14/2019
|
1 Bed
|
1 Bath
|
-
|
$329,000
1 Bed
1 Bath
|
-
-
|
-
|
Segundo Agudo
City Homes Realty Group LLC
|
|
12/15/2018
|
1 Bed
|
1 Bath
|
-
|
$350,000
1 Bed
1 Bath
|
-
-
|
-
|
Judy Stagnitta
Keller Williams Realty Greater
|
|
06/19/2018
|
1 Bed
|
1 Bath
|
700 ft²
|
$335,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
-
|
|
06/19/2018
|
1 Bed
|
1 Bath
|
-
|
$340,000
1 Bed
1 Bath
|
-
-
|
-
|
Caroline Quintana
Keller Williams Landmark II
|
|
06/18/2018
|
Studio
|
1 Bath
|
500 ft²
|
$248,500
Studio
1 Bath
500 ft²
|
$210,000
-15.49%
12/14/2018
|
-
|
Steven Markowicz
CORE Group Marketing, LLC
|
|
06/08/2018
|
2 Bed
|
1 Bath
|
-
|
$498,888
2 Bed
1 Bath
|
-
-
|
-
|
Robert D LaFerlita
Keller Williams Rlty Landmark
|
|
07/30/2017
|
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
05/11/2014
|
Studio
|
1 Bath
|
-
|
$249,000
Studio
1 Bath
|
$249,000
02/05/2021
|
-
|
Jorge A Mejia
Argo Residential
|
|
08/24/2013
|
Studio
|
1 Bath
|
-
|
$135,000
Studio
1 Bath
|
$130,000
-3.70%
02/05/2021
|
-
|
Jorge A Mejia
Argo Residential
|
|
08/01/2013
|
Studio
|
1 Bath
|
-
|
$132,000
Studio
1 Bath
|
-
-
|
-
|
Jorge A Mejia
Argo Residential
|
|
06/17/2013
|
1 Bed
|
1 Bath
|
-
|
$169,000
1 Bed
1 Bath
|
$169,000
12/05/2013
|
-
|
Jorge A Mejia
Argo Residential
|
|
09/10/2012
|
2 Bed
|
1 Bath
|
-
|
$250,000
2 Bed
1 Bath
|
$250,000
01/08/2014
|
-
|
Jorge A Mejia
Argo Residential
|