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    Gladys Ramirez, Flushing, NY

    License ID: 31RA0597323
    Association
    Long Island Board Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (347) 351-5846
    Office Address:
    102-01 Northern Blvd., Flushing, NY 11368

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Residential Multi Family

    Performance

    Listings
    17

    Listings

    For Sale (13)

    View map
    • New
      $1,300,000
      0.11 Acres

      Renovated Two-Family Detached House

      Fully renovated two-family detached house in Richmond Hill South, NY.
      10708 132Nd St, South Richmond Hill, NY 11419
      View Details
    • $1,050,000
      Pending

      East Elmhurst Multifamily Near Airport

      Two-family house near LaGuardia Airport with backyard and driveway.
      2227 93Rd St, East Elmhurst, NY 11369
      View Details
    • $250,000

      East Elmhurst Restaurant and Bar

      Restaurant and bar in a prime East Elmhurst location.
      8811 31St Ave, East Elmhurst, NY 11369
      View Details
    • New
      $1,450,000
      0.07 Acres

      Renovated Two-Family House, Laurelton

      Fully renovated two-family house in Laurelton, Queens.
      13540 231St St, Laurelton, NY 11413
      View Details
    • $950,000
      0.04 Acres

      Detached House in Corona, NY

      Detached single-family house with finished basement, close to transportation.
      10237 Nicolls Ave, Corona, NY 11368
      View Details
    • New
      $185,000
      0.05 Acres

      Established Restaurant in East Elmhurst

      Turnkey Ecuadorian restaurant with full liquor license for sale.
      9109 31St Ave, East Elmhurst, NY 11369
      View Details
    • $300,000

      Established Pizzeria in Valley Stream

      Turnkey pizzeria with high traffic, loyal clientele, and growth potential.
      1056 Franklin Ave, Valley Stream, NY 11580
      View Details
    • New
      $2,695,000
      0.04 Acres

      Sunnyside Mixed-Use Building For Sale

      Mixed-use building with commercial space and residential units in Sunnyside.
      4311 Queens Blvd, Sunnyside, NY 11104
      View Details
    • New
      $1,575,000
      0.06 Acres

      Woodside Multifamily Income Property

      Six-unit building near transportation and shopping in Woodside, Queens.
      4012 67Th St, Woodside, NY 11377
      View Details
    • $1,900,000

      Mixed-Use Property Near CitiField

      Mixed-use property with strong rental income and future appreciation potential.
      106-11 Northern Blvd, Queens, NY 11368
      View Details
    • $90,000

      Queens Land For Sale

      Land available in Queens, New York.
      10322 Northern Blvd, Queens, NY 11368
      View Details
    • $250,000

      East Elmhurst Restaurant and Bar

      Restaurant and bar in prime East Elmhurst location.
      8811 31St Ave, Queens, NY 11369
      View Details
    • $300,000

      Established Pizzeria in High-Traffic Location

      Turnkey pizzeria with loyal clientele and growth potential.
      1056 Franklin Ave, Hempstead, NY 11580
      View Details

    For Lease (4)

    View map
    • $3,500 /Mo

      Retail Storefront in Corona, NY

      Retail space available for rent in Corona, NY.
      95-15 Northern Boulevard, Corona, NY 11368
      View Details
    • $5,500 /Mo
      2,500 SF

      Corner Store in Manhattan Available

      600 sq ft corner store near A, C, and 1 train.
      1259 St Nicholas Ave, Manhattan, NY 10032
      View Details
    • New
      $3,500 /Mo

      East Elmhurst Duplex Corner Store

      Duplex corner store in East Elmhurst, ready to move in.
      31-04 107Th St, East Elmhurst, NY 11369
      View Details
    • $4,000 /Mo

      Commercial Space for Rent

      Commercial space available for rent in Queens County.
      9718 Roosevelt Ave, Corona, NY 11368
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Gladys Ramirez, Flushing, NY
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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