Financial
Distress signals
Property profile

26-19 Francis Lewis Blvd Flushing, NY 11358

FOR SALE
Office buildings
Property ID
US63-5957774
8,350 SF 0.25 ac lot Built 1957
Last sale Jul 2019 · $5,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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26-19 Francis Lewis Blvd, Flushing, NY 11358 For Sale
$8,800,000 8,350 SF
26-19 Francis Lewis Blvd, Flushing, NY 11358
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Property summary

AI-generated overview

The property is a medical office building containing approximately 10,530 square feet and located on two lots totaling about 10,985 square feet. It was renovated throughout in 2008 and is configured with 27 examination rooms, 10 consultation offices, three reception and waiting areas, an elevator, and medical-office improvements spanning the first floor, second floor, and basement; approximately 400 square feet on the third floor is designated for landlord storage. The building is served by

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$73k
Tax billed · 2024
Assessed value$689k
Assessed land$230k
Assessed improvement$459k
Effective rate10.59%

Value estimate

· Sep 2026
$2.71M
$2.44M – $2.98M
NOI build-up
Gross scheduled income$531k
Vacancy & credit loss−$68k
Operating expenses−$116k
NOI · 3.94% cap applied$347k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$681/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$402 – $1,529
Qualifying comparables10

Cap rate analysis

How does the asset earn?
3.94%
$347k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Firm26.4
Parking Facility25.6
Gym & Fitness16.4

Location

26-19 Francis Lewis Blvd Flushing, NY 11358
County assessor Recorded deeds · 9 transfers 10 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
15806 Northern, Flushing, NY 11358-1641 $6,378,000 May 2025 9,000 SF
4227 162nd, Flushing, NY 11358-4132 $2,330,000 May 2025 3,399 SF
4229 162nd, Flushing, NY 11358-4162 $2,330,000 May 2025 3,000 SF
19302 Northern, Flushing, NY 11358-2962 $11,275,000 Feb 2023 5,952 SF
16214 Sanford, Flushing, NY 11358-2650 $9,980,000 Mar 2020 6,414 SF
4133 162nd, Flushing, NY 11358 $3,600,000 Oct 2019 4,075 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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