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86-16 60th Avenue #6H
Property Overview
Active Listing
1 / 7
7 listing photos · Tap Enlarge for full-size view
Initializing street view...
Specs
1
Beds
1
Baths
Interior Living Space (Sq Ft)
775 sq ft
Lot Size (Sq Ft)
0 sq ft
Year Built
1963
Price/Sq Ft (Living Area)
129$
Price/Sq Ft (Lot Size)
-
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
Latest Check
Tax Year
Annual Tax
N/A
Assessed Value
N/A
Price History
Zestimate Range
$98k – $513k
-46.8%
since 2020
2020: $183kNow: $98k
Zillow Zestimate history · 47 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Unknown
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
86-16 60th Avenue #6H, Elmhurst, NY 11373
CONDO•July 19, 2026•MLS #999165
94/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$99,999
Square Feet
775
Year Built
1963
Configuration
1bd / 1ba
Market Context
- Pricing PositionPriced significantly below the median for co-ops in Queens, suggesting a potential value opportunity or a very motivated seller.
- Liquidity RiskModerate liquidity risk for co-ops in Queens, with an average of 94 days on market, and Elmhurst generally identified as a buyer's market.
- NeighborhoodWell-established co-op in the heart of Elmhurst, offering urban convenience with excellent transit access and local amenities.
- Investment PotentialEstimated Rent: $3,440/moCap Rate: 26.83% • 5-Year Growth: -
Location & Commute
- Excellent transit connectivity with E, F, M, and R subway lines minutes away, enabling a 20-minute commute to Midtown Manhattan.
- Highly walkable neighborhood with Queens Center Mall, diverse dining, grocery stores, and schools within easy reach.
- Proximity to LaGuardia Airport adds convenience for travel.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$990
Principal & Interest
$506Operating Expenses/mo
$485Long-Term Rental Impact
Estimated Payment$990
-Projected Rental Income-$2,940
Net Payment Out-of-Pocket$0/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Exceptional cash flow potential with a high estimated cap rate due to very low asking price.
- •Prime urban location with immediate access to multiple subway lines and quick commute to Manhattan.
- •Well-established co-op building with on-site garage parking, a rare amenity in Queens.
- •Property is described as low maintenance, suggesting fewer immediate capital expenditures.
Considerations
- •Co-op ownership typically involves strict board approval processes and potential restrictions on renting, which could impact investment flexibility.
- •While the specific unit has no active violations, the building's age (1963) suggests potential for future maintenance needs.
- •Elmhurst is a buyer's market, indicating more competition for sellers and potentially longer selling times.
- •Moderate liquidity for co-ops in Queens with a relatively high average days on market.
Due Diligence
- •Verify co-op board's rental policies and any associated fees or restrictions for long-term rentals.
- •Confirm the building's financial health and reserve funds, as this is critical for co-op stability and unexpected assessments.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
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Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
High Match
Short-Term
Low Match
Living+STR
Low Match
rental
High Match
House Hack
Low Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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