59-39 156th Street
About This Property
The high-ceiling basement includes a separate entrance-ideal for recreation, extended living, or guest space. Enjoy a private backyard, perfect for outdoor gatherings and relaxation. Located near Kissena Park and conveniently close to public transportation (Q17, Q25, Q34). Move-in ready-don't miss this opportunity!
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Relisted | $1,098,000 | |
| Relisted | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Prime Realty | $1,098,000 | |
| Listed by Prime Realty | |||
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About Northeastern Queens
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017