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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Warehouses
1133 Irving Ave, Flushing, NY 11385
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-0179457
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1937
Total area
13,408 SF
Lot
0.31 ac (13,408 SF)
Zoning code
M1-4
APN
03725-0033
UPID
US63-0179457
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
$1.58M
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$1.16M
Owner & transaction history
Evergreen Bronx LLC · 1 yrs held
Evergreen Bronx LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
M1-4 · 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%
$1,705,000
6.5%
$1,575,000
7%
$1,465,000
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.18M (Apr 25 2024)
Last sale anchor
$1.18M
Apr 25 2024
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
$87 / 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
$47,969
Tax year 2024
Assessed value
$487,350
Assessed 2024
Previous assessed
$451,710
+7.9% YoY
Effective rate
9.84%
On assessed value
Assessed land
$120,600
Assessed improvement
$366,750
Land market value
$268,000
Improvement market value
$815,000
Total market value
$1,083,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1937
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
13,408 SF
Lot
0.31 ac (13,408 SF)
Zoning code
M1-4
APN
03725-0033
UPID
US63-0179457
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · Flushing, NY
Zoning M1-4 · permitted uses
M1-4 · 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
1937
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Evergreen Bronx LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1603 ORRINGTON AVE, EVANSTON, IL 60201-3841
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
$1,177,000
Evergreen Bronx LLC
Chondrite Reo (6) INC.
Deed
—
Dec 27, 2023
$500
Chondrite Reo (6), INC.
Esq Lois Vitti
Deed
—
Feb 7, 2017
$2,500,000
Irving Unique Dev LLC
Kb Global Partners INC
Grant Deed
$2,440,000 · Sharestates Investments, LLC Series Bc20
Mar 27, 2015
$5,650,000
Kb Global Partners INC
Arctic Glacier USA INC
Grant Deed
—
Aug 31, 2012
$421,071
Arctic Glacier USA INC
Arctic Glacier New York INC
Grant Deed
—
Aug 28, 2007
$500,000
Arctic Glacier Losquadro INC
Losquadro Ice Co INC
Grant Deed
$750,000 · Toronto Dominion Bank
—
—
Arctic Glacier USA INC
—
Deed Of Trust
related
$413,523 · Credit Suisse Ag
—
—
Arctic Glacier Holdings I INC
—
Deed Of Trust
related
$750,000 · Toronto Dominion Bank
—
—
Arctic Glacier Hldgs I INC
—
Deed Of Trust
related
$750,000 · Toronto Dominion Bank
—
—
Artic Glacier Holdings I INC
—
Deed Of Trust
related
$750,000 · Toronto Dominion Bank
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.
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