Financial
Distress signals
Property profile

41-60 Main St Flushing, NY 11354

FOR LEASE
Office buildings
Property ID
US63-3763816
100,500 SF 0.6 ac lot Built 1977
Last sale Dec 2025 · $64,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building constructed in 1977 with office suites located on the second and third floors. Office suite sizes range from approximately 180 sq. ft. to more than 3,000 sq. ft., and multiple interior layouts are available to accommodate professional office and service-oriented uses. The building is situated on Main Street in Flushing along an active commercial corridor with nearby retailers, restaurants, banks, and everyday amenities, and it is served by multiple bus lines, the 7 subway line, and the Flushing LIRR station.

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?
$1.22M
Tax billed · 2024
Assessed value$11.53M
Assessed land$2.33M
Assessed improvement$9.20M
Effective rate10.59%

Value estimate

· Sep 2026
$64.40M
$57.96M – $70.84M
AI approach$80.00M
CAP approach$54.30M
Sales comparison$43.59M
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$11k
Operating expenses−$18k
NOI · 357.00% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$4,265/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$954 – $6,480

Cap rate analysis

How does the asset earn?
357.00%
$42k 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?
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: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility11.9
Smoke and Vape Shop10.2
Nursing Home10.1

Location

41-60 Main St Flushing, NY 11354
County assessor Recorded deeds · 20 transfers Qualifying comp sales · not on file 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
6005 Kissena, Flushing, NY 11355-5549 $4,500,000 Jan 2026 4,900 SF
5723 141st, Flushing, NY 11355-5318 $1,270,000 May 2025 1,879 SF
5844 Main, Flushing, NY 11355 $2,195,000 Mar 2025 1,925 SF
13320 41st, Flushing, NY 11355-3632 $1,749,364 Nov 2024 32,324 SF
13619 41st, Flushing, NY 11355-2469 $8,000,000 Apr 2021 7,358 SF
14708 46th, Flushing, NY 11355-2347 $700,000 Jan 2020 675 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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