Financial
Distress signals
Property profile

11235 38th Ave Flushing, NY 11368

OFF-MARKET
Apartment buildings
Property ID
US63-3571746
7,898 SF 0.07 ac lot Built 2006
Last sale Oct 2022 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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.

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?
$1k
Tax billed · 2024
Assessed value$519k
Assessed land$127k
Assessed improvement$392k
Effective rate0.26%

Value estimate

· Sep 2026
$1.70M
$1.53M – $1.86M
AI approach$1.72M
Submarket $/SF estimate$1.48M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$221/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$156 – $297
Qualifying comparables5

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?
R5A
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm82.6
Realty agency79.8
Skin Care Clinic17.2

Location

11235 38th Ave Flushing, NY 11368-5905
County assessor Recorded deeds · 4 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3812 114th, Flushing, NY 11368-1460 $1,500,000 Feb 2026 7,280 SF
10249 43rd, Flushing, NY 11368-4432 $2,150,000 Jan 2026 6,153 SF
10438 38th, Flushing, NY 11368-3367 $4,100,000 Aug 2025 5,600 SF
10436 38th, Flushing, NY 11368-3195 $4,100,000 Aug 2025 5,430 SF
10864 45th, Flushing, NY 11368-2927 $1,100,000 Mar 2024 6,000 SF
5926 Xenia, Flushing, NY 11368-3926 $1,500,000 Mar 2023 5,166 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
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 11235 38th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message