New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,645,000
Retail residential properties
10836 Queens Blvd, Flushing, NY 11375-5361
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-2220654
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1950
Total area
36,820 SF
Lot
0.32 ac (13,869 SF)
Zoning code
C4-5X
APN
03257-0001
UPID
US63-2220654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.90M
Blend (final)
Blend
$4.65M
Owner & transaction history
10836 Qb LLC · 2 yrs held
10836 Qb LLC
since 2024
7 recorded transactions
Zoning & alternative use
C4-5X · Flushing, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Flushing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flushing submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.65M
Range $4.18M – $5.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$126 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$545,133
Tax year 2024
Assessed value
$5,146,650
Assessed 2024
Previous assessed
$5,667,300
-9.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$1,379,250
Assessed improvement
$3,767,400
Land market value
$3,065,000
Improvement market value
$8,372,000
Total market value
$11,437,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
1
Stories
2
Units
14
Total area
36,820 SF
Lot
0.32 ac (13,869 SF)
Zoning code
C4-5X
APN
03257-0001
UPID
US63-2220654
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-5X · Flushing, NY
Zoning C4-5X · permitted uses
C4-5X · Flushing, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flushing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
2
Buildings
1
Units
14
Lot
0.32 ac
Current owner
From public records · entity-resolved
10836 Qb LLC
Entity
Mailing address
11115 QUEENS BLVD, FOREST HILLS, NY 11375-7479
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
10827 Qb LLC
—
Deed
related
$35,000,000 · Morgan Stanley Bank, N.a.
Jan 3, 2024
—
10836 Qb LLC
Cord Meyer Development LLC
Deed
—
May 5, 2008
$560,000
Rakesh Chandiramani
Diana Shiman
Deed
$400,000 · Jp Morgan Chase Bank, N.a
Nov 29, 2007
—
Irina Khaimov
Khaimov,irina
Quit Claim Deed
related
—
Jun 29, 2005
—
Queens Windsor LLC
Cord Meyer Development LLC
Grant Deed
related
—
—
—
Fawad Rashid
—
Deed Of Trust
related
$194,000 · Greenpoint Mortgage Funding
—
—
Yenny A Tjea
—
Deed Of Trust
related
$150,000 · Bank Of America
—
—
Semyon Cherepashensky
—
Deed Of Trust
related
$400,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 10836 Queens Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
