The listing facts are current enough for an initial property review.
150 Burns 5F St Unit 3A
Listing Notes
PORTFOLIO COLLECTION - FOUR APARTMENTS INCLUDED (#6E, #5F, #5H, #3A) NO BOARD APPROVAL! *PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED AS THE COMBINED AMOUNT **ONLY BEING SOLD AS A BUNDLE PACKAGE 1) Unit 6E - Free Market/ Unoccupied. 1 Bedroom, 1 Bathroom Shares: 265 Maintenance: $1493.04 Rent: Market rent potential approx. $2,400. 2) Unit 5F - Free Market (Occupied). 1 Bedroom, 1 Bathrooms Maintenance: $1,352.18 Storage Room: $100 Rent: $1,950 Assessment: $413 Bundle Internet/Cable: $65 Shares: 240 Notes: Free Market; consistent rent roll. Includes private storage. 3) Unit 5H - Rent Controlled (Occupied). 3 Bedroom, 2 Bathrooms Maintenance: $2,357.50 Storage Room: $50 Rent: $2591.69 Assessment: $791.59 Bundle Internet/Cable: $65 Shares: 460 Status: Rent Controlled; tenant pays via check. Long-term upside. Includes private storage. 4) Unit 3A - Rent Controlled (Occupied). 2 Bedrooms, 2 Bathrooms Maintenance: $2,2197.30 Rent: $686.18 Assessment: $671.13 Bundle Internet/Cable: $65 Shares: 390 Notes: Stabilized rent; long-term upside upon vacancy. Includes private storage. KEY INVESTMENT HIGHLIGHTS: *All four units conveyed together by the Estate. *Strong Mix: Rent-controlled + free-market units providing both stability and upside. *Vacant Unit Included: Immediate opportunity to renovate, reposition, and capture market rent. *Prime Location: Forest Hills Gardens-exclusive, private, landmarked community known for long-term tenant retention. *Co-op with Storage Rooms: Each unit includes additional storage space. *Excellent Transportation: LIRR at Station Square; E/F subway minutes away. *Pre-War Charm: Elevator building with original architectural details and well-maintained common areas.
Market Insights
$266/sqft vs a nearby median of $1086/sqft.
- -76% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,700 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 322.4% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$128k +2.5%
- Pre-war character+$128k +2.5%
- Virtually staged−$51k −1.0%
- Visible condition issues−$26k −0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 26 days
- Last price change
- No change recorded
- Listed
- Apr 16, 2026
- Photos
- 14 photos
- Property type
- coop
- Status
- for sale