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Financial
Distress signals
Property profile

108-18 Queens Blvd Forest Hills, NY 11375

FOR LEASE
Banks
Property ID
US63-2060524
108,282 SF 0.72 ac lot Built 1930
Last sale Jan 2024
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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Property summary

AI-generated overview

A Class A office building with a staffed lobby that features recently updated lobby and common corridors, plus an outdoor terrace with seating and a putting green. The building includes a ground-floor parking garage and ground-floor retail shops, and offers a flexible interior layout that can be configured for different office sizes and arrangements. It is located steps from the Subway lines (E, F, M, R) and the LIRR–Forest Hills Station. The described office space is approximately 1,500 square feet.

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?
$1.75M
Tax billed · 2024
Assessed value$16.84M
Assessed land$3.15M
Assessed improvement$13.69M
Effective rate10.38%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
C4-5X
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop22.8
Hotel & Motel19.7
Auto Parts Store15.8

Location

108-18 Queens Blvd Forest Hills, NY 11375
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10111 Queens, Flushing, NY 11375-2856 $5,335,000 Jan 2024 4,305 SF
10875 62nd, Flushing, NY 11375-1375 $200,800 Jan 2023 7,700 SF
110 Ascan, Flushing, NY 11375 $12,250,000 Nov 2022 10,000 SF
6354 108th, Flushing, NY 11375-1609 $64,169,887 Apr 2022 14,730 SF
7164 Austin, Flushing, NY 11375-4721 $3,200,000 May 2021 3,000 SF
11209 Queens, Flushing, NY 11375 $1,696,842 May 2021 518,929 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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