2
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49-08/10 Queens Boulevard
About This Property
considerable 4,000 Sq. Ft. lot size. It's zoned C4-4A with a Floor Area Ratio (FAR) of 3.45
or 4.6, allowing for a buildable area of 13,810 Sq. Ft., or 18,413 Sq. Ft. with the
Voluntary Inclusionary Bonus.
Listed By
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$3,497,000
↓ $3K
(0.1%) | |
| Price Decreased | |||
| Feb 5, 2025 | Listed by Wagner & Kelly Inc | $3,500,000 | |
| Listed by Wagner & Kelly Inc | |||
| Jul 20, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 22, 2023 | Relisted | $4,200,000 | |
| Relisted | |||
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