12
Map
$898,000
↓ $37K (4%)
●
Condo -
For Sale
5-49 Borden Avenue #7K
Queens, NY 11101
1 Bed
1 Bath
661 Ft²
$5,431
Est. Monthly
$582
HOA / Fees
4.21%
Cap Rate
About This Property
Welcome home to this tranquil north facing 1 bed/1 bath in the
sought after One Hunters Point condo building located 2 blocks from
the 7 train and the Gantry Park, home of the NYC Ferry. No
wasted space in this layout!! The kitchen is a chef's delight with
lots of counter space, lots of cabinets including a fantastic
pantry space, Fisher & Paykel fridge, 5 burner gas stove,
dishwasher, garbage disposal, Sharp microwave and Bosch w/d in the
unit. Bedroom can fit a king bed and has 2 great closets. This
layout also includes extra space to easily make a home office!!
Enjoy sunsets from your own private balcony. This well-run building
has a live in Super, is pet friendly, includes a lounge room with
free wi-fi, outdoor garden with BBQs, gym and full time doorman.
Low common charges also include gas. (Virtually staged)
Unit Size
661 Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$1,359
Property Type
Condo
Property Taxes
$439
HOA Dues
$582
Year Built
2008
Listed By
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (RLS #RLS20002712)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Price Decreased |
$898,000
↓ $37K
(4%) | |
| Price Decreased | |||
| Feb 11, 2025 | Listed by Modern Spaces | $935,000 | |
| Listed by Modern Spaces | |||
Property Highlights
Garage
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Interior Details
Full Bathrooms: 1
Interior Features: Pantry, DiningArea
Appliances: Dryer, Washer
Laundry Features: In Unit, BuildingWasherDryerInstallAllowed
Rooms: 3
Exterior Details
Square Footage: 661
Year Built: 2008
Patio and Porch Features: Balcony
Tax Lot: 7501
Financial Details
Tax Annual Amount: $5,268
Utilities Details
Cooling Type: Central Air
Location Details
HOA Fee: $582
HOA Fee Frequency: Monthly
5-49 Borden Avenue #7K, Queens, NY, 11101
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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
646 ft²
$1,393/ft²
$900,000
Jul 5, 2022
$900,000
Nov 7, 2022
$814/mo
Condo
1
Bed
1
Bath
692 ft²
$1,185/ft²
$820,000
Mar 8, 2016
$820,000
Feb 5, 2021
$543/mo
Condo
1
Bed
1
Bath
689 ft²
$1,187/ft²
$818,000
Sep 23, 2020
$818,000
Aug 6, 2021
$549/mo
Condo
1
Bed
1
Bath
692 ft²
$1,171/ft²
$810,000
Oct 20, 2015
$810,000
Feb 5, 2021
$512/mo
Condo
1
Bed
1
Bath
692 ft²
$1,155/ft²
$799,000
Sep 6, 2018
$799,000
Feb 12, 2019
$521/mo
Condo
1
Bed
1
Bath
675 ft²
$1,281/ft²
$865,000
Jun 11, 2024
$865,000
Oct 2, 2024
$688/mo
In Contract
Condo
1
Bed
1
Bath
695 ft²
$1,273/ft²
$885,000
Nov 12, 2024
-
$1,204/mo
In Contract
Condo
1
Bed
1
Bath
639 ft²
$1,455/ft²
$930,000
Sep 4, 2024
-
$832/mo
In Contract
Condo
1
Bed
1
Bath
670 ft²
$1,401/ft²
$939,000
Apr 4, 2024
-
$603/mo
In Contract
Condo
1
Bed
1
Bath
640 ft²
$1,419/ft²
$908,000
Jun 9, 2024
-
$935/mo
In Contract
Condo
1
Bed
1
Bath
693 ft²
$1,306/ft²
$905,000
Jan 13, 2025
-
$1,125/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/31/2024
|
2 Bed
|
2 Bath
|
933 ft²
|
$1,295,000
2 Bed
2 Bath
933 ft²
|
$1,250,000
-3.47%
10/29/2024
|
-
|
Jessica Meis
Compass
| |
|
07/26/2024
|
2 Bed
|
2 Bath
|
1037 ft²
|
$1,175,000
2 Bed
2 Bath
1037 ft²
|
$1,150,000
-2.13%
10/25/2024
|
-
|
Jessica Meis
Compass
| |
|
05/08/2024
|
2 Bed
|
2 Bath
|
1175 ft²
|
$1,395,000
2 Bed
2 Bath
1175 ft²
|
$1,345,000
-3.58%
07/31/2024
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
967 ft²
|
$1,300,000
2 Bed
2 Bath
967 ft²
|
$1,275,000
-1.92%
02/23/2024
|
-
|
Patrick Smith
Smith & Degroat Real Estate
| |
|
04/12/2023
|
2 Bed
|
2 Bath
|
936 ft²
|
$1,250,000
2 Bed
2 Bath
936 ft²
|
$1,250,000
07/05/2023
|
-
|
Lawrence Hakimi
Compass
| |
|
07/05/2022
|
1 Bed
|
1 Bath
|
646 ft²
|
$900,000
1 Bed
1 Bath
646 ft²
|
$900,000
11/07/2022
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
06/15/2022
|
1 Bed
|
1 Bath
|
-
|
$899,000
1 Bed
1 Bath
|
-
-
|
-
|
Christos Drakakis
HomeDax Real Estate LLC
| |
|
04/07/2022
|
2 Bed
|
2 Bath
|
1247 ft²
|
$1,650,000
2 Bed
2 Bath
1247 ft²
|
$1,675,000
+1.52%
07/22/2022
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
04/04/2022
|
3 Bed
|
2 Bath
|
1220 ft²
|
$1,700,000
3 Bed
2 Bath
1220 ft²
|
$1,650,000
-2.94%
08/31/2022
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
03/28/2022
|
2 Bed
|
2 Bath
|
1043 ft²
|
$1,350,000
2 Bed
2 Bath
1043 ft²
|
$1,455,000
+7.78%
08/15/2022
|
-
|
Erion Ahmetaj
Compass
| |
|
05/04/2021
|
1 Bed
|
1 Bath
|
782 ft²
|
$835,000
1 Bed
1 Bath
782 ft²
|
$855,000
+2.40%
10/25/2021
|
-
|
Alexis Yoo
Modern Spaces, LLC
| |
|
02/03/2021
|
2 Bed
|
2 Bath
|
1037 ft²
|
$1,330,000
2 Bed
2 Bath
1037 ft²
|
$1,330,000
08/07/2021
|
-
|
David Grossmann
Compass
| |
|
01/18/2021
|
2 Bed
|
2 Bath
|
1037 ft²
|
$1,245,000
2 Bed
2 Bath
1037 ft²
|
$1,255,000
+0.80%
07/19/2021
|
Kit Leung
B Square Realty Inc
| ||
|
11/10/2020
|
1 Bed
|
1 Bath
|
700 ft²
|
$1,200,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Donna LaMarca
Douglas Elliman Real Estate
| |
|
10/11/2020
|
1 Bed
|
1 Bath
|
692 ft²
|
$849,000
1 Bed
1 Bath
692 ft²
|
-
-
|
-
|
AnnMarie Wisnieski
BERKSHIRE HATHAWAY
| |
|
09/23/2020
|
1 Bed
|
1 Bath
|
689 ft²
|
$859,000
1 Bed
1 Bath
689 ft²
|
$818,000
-4.77%
08/06/2021
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
08/04/2020
|
2 Bed
|
2 Bath
|
1020 ft²
|
$1,395,000
2 Bed
2 Bath
1020 ft²
|
$1,300,000
-6.81%
03/11/2021
|
-
|
Edward Cho
Prudential Douglas Elliman Real Estate
| |
|
12/11/2018
|
2 Bed
|
2 Bath
|
1247 ft²
|
$1,695,000
2 Bed
2 Bath
1247 ft²
|
$1,775,000
+4.72%
03/01/2019
|
-
|
ChingChing yeung
Modern Spaces
| |
|
09/06/2018
|
1 Bed
|
1 Bath
|
692 ft²
|
$845,000
1 Bed
1 Bath
692 ft²
|
$799,000
-5.44%
02/12/2019
|
-
|
Andrew Gordon
Compass
| |
|
09/01/2018
|
2 Bed
|
2 Bath
|
933 ft²
|
-
2 Bed
2 Bath
933 ft²
|
-
-
|
-
|
-
| |
|
05/30/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
|
|
05/16/2018
|
2 Bed
|
2 Bath
|
1170 ft²
|
$1,375,000
2 Bed
2 Bath
1170 ft²
|
$1,300,000
-5.45%
11/29/2018
|
-
|
Mary E. Mcgill-Alessandri
Modern Spaces
| |
|
09/29/2017
|
2 Bed
|
2 Bath
|
1247 ft²
|
$1,720,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
-
|
Kayla Lee
Modern Spaces
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
|
|
08/29/2017
|
2 Bed
|
2 Bath
|
936 ft²
|
-
2 Bed
2 Bath
936 ft²
|
$1,343,750
01/23/2018
|
-
|
Jeremy Swillinger
Level Group, Inc.
| |
|
08/24/2017
|
2 Bed
|
2 Bath
|
967 ft²
|
$1,365,000
2 Bed
2 Bath
967 ft²
|
$1,412,500
+3.48%
02/05/2021
|
-
|
Kayla Lee
Modern Spaces
| |
|
04/28/2017
|
2 Bed
|
2 Bath
|
1043 ft²
|
$1,339,000
2 Bed
2 Bath
1043 ft²
|
$1,339,000
02/05/2021
|
-
|
Kayla Lee
Modern Spaces
| |
|
04/19/2017
|
2 Bed
|
2 Bath
|
1037 ft²
|
$1,248,000
2 Bed
2 Bath
1037 ft²
|
$1,150,000
-7.85%
02/05/2021
|
-
|
Mary E. McGill-Alessandri
Modern Spaces
| |
|
03/08/2017
|
2 Bed
|
2 Bath
|
1247 ft²
|
$1,445,000
2 Bed
2 Bath
1247 ft²
|
$1,607,000
+11.21%
02/05/2021
|
-
|
Mary E. McGill-Alessandri
Modern Spaces
| |
|
10/18/2016
|
1 Bed
|
1 Bath
|
-
|
$858,000
1 Bed
1 Bath
|
$858,000
02/05/2021
|
-
|
Kayla Lee
Modern Spaces
| |
|
08/09/2016
|
2 Bed
|
2 Bath
|
1175 ft²
|
$1,250,000
2 Bed
2 Bath
1175 ft²
|
$1,300,000
+4.00%
10/04/2016
|
-
|
Sarah Bond
The Corcoran Group
| |
|
07/22/2016
|
3 Bed
|
2 Bath
|
1220 ft²
|
$1,600,000
3 Bed
2 Bath
1220 ft²
|
-
-
|
-
|
Thomas Lattanzio
Corcoran Group
| |
|
01/13/2016
|
2 Bed
|
2 Bath
|
936 ft²
|
$1,130,000
2 Bed
2 Bath
936 ft²
|
-
-
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
03/08/2016
|
1 Bed
|
1 Bath
|
692 ft²
|
$855,000
1 Bed
1 Bath
692 ft²
|
$820,000
-4.09%
02/05/2021
|
-
|
Cheong Wai Lee
Modern Spaces
| |
|
02/25/2016
|
2 Bed
|
2 Bath
|
967 ft²
|
$1,250,000
2 Bed
2 Bath
967 ft²
|
$1,185,000
-5.20%
02/05/2021
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
02/02/2016
|
2 Bed
|
2 Bath
|
1065 ft²
|
$1,245,000
2 Bed
2 Bath
1065 ft²
|
$1,245,000
02/05/2021
|
-
|
Mary E. McGill-Alessandri
Modern Spaces
| |
|
11/09/2015
|
1 Bed
|
1 Bath
|
-
|
$979,000
1 Bed
1 Bath
|
$892,500
-8.84%
06/20/2016
|
-
|
STEVEN LOPEZ
Corcoran Group
| |
|
10/20/2015
|
1 Bed
|
1 Bath
|
692 ft²
|
$850,000
1 Bed
1 Bath
692 ft²
|
$810,000
-4.71%
02/05/2021
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
10/19/2015
|
1 Bed
|
1 Bath
|
-
|
$879,000
1 Bed
1 Bath
|
-
-
|
-
|
Kayla Lee
Modern Spaces
| |
|
07/21/2015
|
1 Bed
|
1 Bath
|
-
|
$825,000
1 Bed
1 Bath
|
$782,500
-5.15%
03/31/2016
|
-
|
Alexander Pereira
Modern Spaces, LLC
| |
|
07/21/2015
|
2 Bed
|
2 Bath
|
1173 ft²
|
$1,350,000
2 Bed
2 Bath
1173 ft²
|
$1,350,000
02/05/2021
|
-
|
Bene Sarvary
Compass
| |
|
07/18/2015
|
1 Bed
|
1 Bath
|
689 ft²
|
$875,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
07/14/2015
|
2 Bed
|
2 Bath
|
1037 ft²
|
$1,195,000
2 Bed
2 Bath
1037 ft²
|
-
-
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
06/22/2015
|
2 Bed
|
2 Bath
|
1173 ft²
|
$1,250,000
2 Bed
2 Bath
1173 ft²
|
$1,225,000
-2.00%
02/05/2021
|
-
|
Edward Cho
Prudential Douglas Elliman Real Estate
| |
|
06/03/2015
|
1 Bed
|
1 Bath
|
689 ft²
|
$850,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
957 ft²
|
$1,150,000
2 Bed
2 Bath
957 ft²
|
$1,130,000
-1.74%
02/05/2021
|
-
|
Mae Liew
Modern Spaces
| |
|
03/31/2015
|
1 Bed
|
1 Bath
|
-
|
$765,000
1 Bed
1 Bath
|
-
-
|
-
|
Ann Marie
Douglas Elliman Real Estate
| |
|
02/10/2015
|
2 Bed
|
2 Bath
|
1173 ft²
|
$1,250,000
2 Bed
2 Bath
1173 ft²
|
$1,210,000
-3.20%
02/05/2021
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
02/02/2015
|
2 Bed
|
2 Bath
|
1168 ft²
|
$1,300,000
2 Bed
2 Bath
1168 ft²
|
$1,284,128
-1.22%
06/01/2015
|
-
|
Scott Hockens
Douglas Elliman Real Estate
| |
|
01/22/2015
|
1 Bed
|
1 Bath
|
-
|
$765,000
1 Bed
1 Bath
|
$750,000
-1.96%
04/08/2015
|
-
|
Ann Marie
Douglas Elliman Real Estate
| |
|
01/02/2015
|
2 Bed
|
2 Bath
|
933 ft²
|
$1,075,000
2 Bed
2 Bath
933 ft²
|
$1,040,000
-3.26%
02/05/2021
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
11/20/2014
|
1 Bed
|
1 Bath
|
-
|
$860,000
1 Bed
1 Bath
|
$785,000
-8.72%
02/16/2015
|
-
|
Julissa Velez
Elliman
| |
|
09/10/2014
|
2 Bed
|
2 Bath
|
1043 ft²
|
$1,150,000
2 Bed
2 Bath
1043 ft²
|
$1,110,000
-3.48%
02/05/2021
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
06/07/2014
|
2 Bed
|
2 Bath
|
936 ft²
|
$1,030,000
2 Bed
2 Bath
936 ft²
|
-
-
|
-
|
Thomas Lattanzio
Corcoran Group
| |
|
02/19/2014
|
2 Bed
|
2 Bath
|
1168 ft²
|
$1,169,000
2 Bed
2 Bath
1168 ft²
|
-
-
|
-
|
Thomas Lattanzio
Corcoran Group
| |
|
08/05/2013
|
2 Bed
|
2 Bath
|
1168 ft²
|
$1,050,000
2 Bed
2 Bath
1168 ft²
|
-
-
|
-
|
Mary E. McGill-Alessandri
Modern Spaces
| |
|
07/08/2013
|
1 Bed
|
1 Bath
|
689 ft²
|
$697,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
|
Thomas Lattanzio
Corcoran Group
| |
|
06/20/2013
|
2 Bed
|
2 Bath
|
1020 ft²
|
$995,000
2 Bed
2 Bath
1020 ft²
|
$985,000
-1.01%
10/17/2013
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
06/04/2013
|
2 Bed
|
2 Bath
|
1065 ft²
|
$945,000
2 Bed
2 Bath
1065 ft²
|
$920,000
-2.65%
10/31/2013
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
05/29/2013
|
2 Bed
|
2 Bath
|
957 ft²
|
$929,000
2 Bed
2 Bath
957 ft²
|
$945,000
+1.72%
09/30/2013
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
| |
|
11/08/2011
|
2 Bed
|
2 Bath
|
967 ft²
|
$849,000
2 Bed
2 Bath
967 ft²
|
$785,000
-7.54%
06/01/2013
|
-
|
Aran P. Scott
Prudential Douglas Elliman Real Estate
|
Building Info
One Hunters Point
5-49 Borden Avenue, Long Island City, NY 11101
- 183 Units
- 1 Unit for Sale
About Northwestern Queens
Similar Homes for Sale
Nearby Rentals
Listed by: Mary E. Mcgill-Alessandri
Listing Courtesy of Modern Spaces
Last Updated: 3 days ago
Last Checked: 15 minutes ago
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Listing Courtesy of Modern Spaces
Last Updated: 3 days ago
Last Checked: 15 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
