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Financial
Distress signals
Property profile

4823 55th Ave Flushing, NY 11378

OFF-MARKET
Other warehouses
Property ID
US63-1708086
34,907 SF 0.9 ac lot Built 1950
Last sale Feb 2023 · $71,875
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 34,907-square-foot warehouse facility with approximately 4,100 square feet of ancillary space and 19 on-site parking spaces. It includes two oversized interior loading docks and 16-foot clear ceiling heights, with heavy electrical power service. The warehouse has had recent building systems and exterior-related improvements, including a roof replacement, MEP system updates, installation of a generator, and exterior enhancements. The facility is situated with direct access to…

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?
$229k
Tax billed · 2024
Assessed value$2.80M
Assessed land$534k
Assessed improvement$2.27M
Effective rate8.17%

Value estimate

· Oct 2026
$65k
$59k – $72k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$415/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$294 – $564
Qualifying comparables9

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?
M2-1
This district is designed for manufacturing and related activities which can meet a medium level of performance standards with no new res...
General categoryINDUSTRIAL
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 agency79.7
Law Firm72.1
Dental Office34.9

Location

4823 55th Ave Flushing, NY 11378-1026
County assessor Recorded deeds · 5 transfers 9 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5460 46th, Flushing, NY 11378-1037 $13,000,000 Feb 2026 30,200 SF
5696 49th, Flushing, NY 11378-2022 $6,454,687 May 2025 35,000 SF
5818 64th, Flushing, NY 11378-2817 $5,500,000 Feb 2025 21,000 SF
6010 Maurice, Flushing, NY 11378-1226 $6,950,000 Jan 2025 15,000 SF
4915 Maspeth, Flushing, NY 11378-2219 $50,050,000 Oct 2024 35,658 SF
5503 Flushing, Flushing, NY 11378 $8,000,000 Sep 2024 15,678 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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