Financial
Distress signals
Property profile

583 Grandview Ave Flushing, NY 11385

OFF-MARKET
Retail space
Property ID
US63-1352202
10,000 SF 0.48 ac lot Built 1950
Last sale Feb 2024 · $8,662,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$138k
Tax billed · 2024
Assessed value$1.31M
Assessed land$134k
Assessed improvement$1.18M
Effective rate10.51%

Value estimate

· Sep 2026
$8.67M
$7.80M – $9.53M
AI approach$8.67M
Sales comparison$11.73M

Realmo valuation models over county records and 12 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 comparables12

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?
R6B
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm82.1
Realty agency62.9
Parking Facility31.5

Location

583 Grandview Ave Flushing, NY 11385-2453
County assessor Recorded deeds · 1 transfer 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
749 Wyckoff, Flushing, NY 11385-2731 $37,000,000 Aug 2025 7,621 SF
5420 Myrtle, Flushing, NY 11385-3453 $37,000,000 Aug 2025 6,400 SF
6113 Metropolitan, Flushing, NY 11385 $15,478,060 Aug 2024 13,482 SF
7132 Myrtle, Flushing, NY 11385 $1,300,000 Oct 2022 4,879 SF
5723 Myrtle, Flushing, NY 11385-4933 $4,900,000 Jun 2021 13,218 SF
6401 Fresh Pond, Flushing, NY 11385-3330 $2,700,000 Jan 2021 20,000 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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