Entity Owned 
For Sale
1 / 14
$2,550,000
30-26 43Rd St, Queens, NY 11103
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Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1924
Total area
5,019 SF
Lot
0.06 ac (2,725 SF)
Zoning code
R5
APN
00696-0048
UPID
US63-2307174
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.12M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$2.14M
Owner & transaction history
since 2023
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
R5 · Long Island City, NY
Top alternative use upside
Auto repair, garage
$3.4M
+123.9%
Retail stores
$2.9M
+91.9%
Commercial (general)
$2.0M
+32.7%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.14M
Value range
$1.93M – $2.35M
±10% around blend
Estimated value / SF
$426 / SF
Confidence
High
11 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.93M
blend $2.14M
$2.35M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,019 SF
Lot area
0.06 ac
Year built
1924
Stories
3
APN
00696-0048
Zoning
R5
Assessed value
$546,480
Annual tax
$24,703
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.89M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.05M
@ 6.5% CAP return
$1.89M
@ 7% CAP return
$1.76M
4
Sales comparison
Partial preview
Sales approach indication
$1.42M
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.2 mi away · 5,610 SF
0.8 mi away · 3,960 SF
1.1 mi away · 4,590 SF
1.1 mi away · 5,895 SF
1.2 mi away · 5,169 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.14M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 75 sales
$306
+39%
Submarket 258 sales
$287
+49%
County 842 sales
$244
+75%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $426/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+124%
vs current-use indication
Retail Stores
Commercial (general)
Office Building
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.70%
Implied, in-place cap rate for this apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.70%
9.0%
NOI (est.)
$158k *
Last sale · Apr 2023
$2.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.76M
Move the market yield to see immediate price impact.
Value / SF
$551
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.20%5.70%6.20%
$142k
$2.73M
$2.49M
$2.29M
$158k
$3.03M
$2.76M
$2.54M
$173k
$3.33M
$3.04M
$2.79M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$1.32M
0.1 mi · Jan 2026 · $251/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,703
Tax year 2024
Assessed value
$546,480
Assessed 2024
Previous assessed
$182,969
+198.7% YoY
Effective rate
4.52%
On assessed value
Assessed land
$9,450
Assessed improvement
$537,030
Land market value
$21,000
Improvement market value
$1,193,400
Total market value
$1,214,400
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1924
Heating
NONE
Buildings
1
Stories
3
Units
10
Total area
5,019 SF
Lot
0.06 ac (2,725 SF)
Zoning code
R5
APN
00696-0048
UPID
US63-2307174
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Long Island City, NYZoning R5 · permitted uses
R5 · Long Island City, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Stories
3
Buildings
1
Units
10
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R5
Jurisdiction
Long Island City, NY
Recorded code
R5
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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