Financial
Distress signals
Property profile

9944 62nd Ave Flushing, NY 11374

OFF-MARKET
Other apartment buildings
Property ID
US63-2389991
55,300 SF 0.37 ac lot Built 1964
Last sale Nov 2024 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This six-story elevator apartment building contains 55,300 square feet and 62 residential units, including 21 deregulated apartments. The unit mix consists of 6 studios, 30 one-bedroom units, 19 two-bedroom units, and 7 three-bedroom units. The property includes 16 garage parking spaces and is located on the south side of 62nd Avenue between 102 Street and 99th Street in Rego Park, Queens. Several parks and playgrounds are within two blocks, and retail and dining options are available through

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.

Mortgages

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?
$387k
Tax billed · 2024
Assessed value$3.09M
Assessed land$189k
Assessed improvement$2.90M
Effective rate12.50%

Value estimate

· Sep 2026
$8.00M
$7.20M – $8.80M
AI approach$8.00M

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

Recently sold

What actually traded nearby?
$222/SF
Submarket average, outlier-cleaned · 435 recorded sales of this use type
Observed band · Q1–Q3$159 – $301
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?
R4
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line bui...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm92.1
Realty agency75.2
Hotel & Motel20.4

Location

9944 62nd Ave Flushing, NY 11374-1447
County assessor Recorded deeds · 4 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6485 Wetherole, Flushing, NY 11374-4067 $8,132,626 Aug 2025 50,400 SF
6560 Booth, Flushing, NY 11374-4163 $11,250,000 Oct 2024 64,932 SF
9420 Wetherole, Flushing, NY 11374 $9,000,000 Sep 2024 48,960 SF
9419 66th, Flushing, NY 11374-4653 $9,000,000 Sep 2024 48,960 SF
6584 Booth, Flushing, NY 11374-4165 $9,200,000 Dec 2023 63,624 SF
6282 Saunders, Flushing, NY 11374-1569 $12,600,000 Jan 2021 68,946 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9944 62nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message