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Financial
Distress signals
Property profile

8618 Roosevelt Ave Flushing, NY 11372

OFF-MARKET
Retail space
Property ID
US63-2578847
11,764 SF 0.27 ac lot Built 1956
Last sale Apr 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building located on Roosevelt Avenue in Jackson Heights, New York (11372). It is configured with 12 street-level storefronts. The lot area is approximately 30,177 square feet, and the property is zoned C2-3.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$183k
Tax billed · 2024
Assessed value$1.93M
Assessed land$278k
Assessed improvement$1.66M
Effective rate9.46%

Value estimate

· Oct 2026
$1.82M
$1.63M – $2.00M
Submarket $/SF estimate$1.72M

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$741/SF
Submarket average, outlier-cleaned · 185 recorded sales of this use type
Observed band · Q1–Q3$448 – $1,322
Qualifying comparables20

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R6
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency70.5
Law Firm66.8
Parking Facility36.4

Location

8618 Roosevelt Ave Flushing, NY 11372-7537
County assessor Recorded deeds · 2 transfers 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7817 Northern, Flushing, NY 11372 $6,800,000 Nov 2024 10,000 SF
9210 Roosevelt, Flushing, NY 11372-7942 $33,667,444 Feb 2024 11,018 SF
7209 Northern, Flushing, NY 11372-1048 $21,255,727 Feb 2024 14,214 SF
9411 37th, Flushing, NY 11372-7925 $9,500,000 Jan 2024 11,457 SF
8414 Northern, Flushing, NY 11372-1532 $4,000,000 Dec 2020 7,982 SF
8402 Roosevelt, Flushing, NY 11372-7341 $7,000,000 Dec 2018 16,348 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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