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Property profile & analytics
FOR LEASE
Retail residential properties
110-72 Corona Ave 2ND Queens, NY 11368
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-1075314
For Lease
1 / 18
$8,900/Mo
110-72 Corona Ave,Unit 2ND, Queens, NY 11368
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Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1920
Total area
4,918 SF
Lot
0.05 ac (2,247 SF)
Zoning code
R6B
APN
01968-0039
UPID
US63-1075314
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
$975k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Corona 72 Holding LLC · 7 yrs held
Corona 72 Holding LLC
since 2018
7 recorded transactions
Zoning & alternative use
R6B · 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 Queens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queens 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%
$1,055,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$150 / 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
$11,333
Tax year 2024
Assessed value
$114,750
Assessed 2024
Previous assessed
$92,808
+23.6% YoY
Effective rate
9.88%
On assessed value
Assessed land
$60,750
Assessed improvement
$54,000
Land market value
$135,000
Improvement market value
$120,000
Total market value
$255,000
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
For Lease
Year built
1920
Heating
NONE
Buildings
1
Stories
2
Units
4
Total area
4,918 SF
Lot
0.05 ac (2,247 SF)
Zoning code
R6B
APN
01968-0039
UPID
US63-1075314
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6B · Flushing, NY
Zoning R6B · permitted uses
R6B · 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
1920
Heating
NONE
Stories
2
Buildings
1
Units
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
Corona 72 Holding LLC
Entity
Free & Clear · 7 yrs held
Mailing address
11036 69TH RD, FOREST HILLS, NY 11375-3920
Ownership since
2018
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
Nov 16, 2018
$1,300,000
Corona 72 Holding LLC
R & M 2016 Realty LLC
Grant Deed
—
Apr 27, 2016
$900,000
R & M 2016 Realty LLC
Barry Seidel
Deed
$500,000 · Bayport Funding LLC
Jul 31, 2008
—
Aiden Realty Associates LLC
Blackwood,tanya
Grant Deed
related
—
Sep 29, 2006
—
Tanya Blackwood
—
Trustees Deed
related
$137,010 · Michael E Herskowitz
Aug 11, 2006
$767,173
Tanya Blackwood
M & Ubc LLC
Grant Deed
—
Jul 10, 1998
$437,500
Ati Telecom INC
Dowhie,chris J
Grant Deed
—
—
—
Tanya Blackwood
—
Deed Of Trust
related
$280,000 · Michael E Herskowitz
—
—
Blackwood,tanya
—
Deed Of Trust
related
$530,000 · Michael E Herskowitz
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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