Financial
Distress signals
Property profile

12909 26Th Ave Flushing, NY 11354

FOR SALE
Office buildings
Property ID
US63-2237735
60,000 SF 1.42 ac lot Built 1986
Last sale Jan 2018 · $17,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 12909 26th Avenue in Flushing, Queens, New York 11354 consists of office units within a building constructed in 1986. The site is designated M2-1 zoning, which provides a defined commercial-use classification for the property and supports office occupancy within the established zoning framework.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$431k
Tax billed · 2024
Assessed value$4.23M
Assessed land$1.40M
Assessed improvement$2.84M
Effective rate10.17%

Value estimate

· Sep 2026
$16.98M
$15.28M – $18.67M
NOI build-up
Gross scheduled income$3.03M
Vacancy & credit loss−$391k
Operating expenses−$660k
NOI · 8.61% cap applied$1.98M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$681/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$402 – $1,529
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8.61%
$1.98M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M2-1
This district is designed for manufacturing and related activities which can meet a medium level of performance standards with no new res...
General categoryINDUSTRIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office32.3
Auto Parts Store28.4
Garden Center25.1

Location

12909 26Th Ave Flushing, NY 11354
County assessor Recorded deeds · 12 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3409 Murray, Flushing, NY 11354-3948 $3,670,000 Feb 2026 5,658 SF
3502 150th, Flushing, NY 11354-4922 $3,700,000 Mar 2025 7,696 SF
3514 150th, Flushing, NY 11354-4941 $4,200,000 Jun 2024 9,583 SF
13345 39th, Flushing, NY 11354 $13,000,000 Feb 2024 4,961 SF
3629 Main, Flushing, NY 11354-4104 $6,800,000 Apr 2023 9,460 SF
3346 Farrington, Flushing, NY 11354-2821 $3,000,000 Dec 2022 7,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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