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Property profile & analytics
OFF-MARKET
Hotels
13342 39th Ave Ste H03 Flushing, NY 11354-4559
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-5040472
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2012
Total area
1,867 SF
Lot
0.91 ac (39,526 SF)
Zoning code
C4-2
APN
04973-1004
UPID
US63-5040472
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
Current use
Occupant on record · Public records
-
Lexington Diner Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ofs-hp LLC · 6 yrs held
Ofs-hp LLC
since 2020
4 recorded transactions
Zoning & alternative use
C4-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$30,301
Tax year 2024
Assessed value
$340,810
Assessed 2024
Previous assessed
$273,492
+24.6% YoY
Effective rate
8.89%
On assessed value
Assessed land
$13,563
Assessed improvement
$327,247
Land market value
$30,140
Improvement market value
$727,215
Total market value
$757,355
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2012
Heating
NONE
Buildings
1
Stories
14
Units
1
Total area
1,867 SF
Lot
0.91 ac (39,526 SF)
Zoning code
C4-2
APN
04973-1004
UPID
US63-5040472
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-2 · Flushing, NY
Zoning C4-2 · permitted uses
C4-2 · 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
2012
Heating
NONE
Stories
14
Buildings
1
Units
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Ofs-hp LLC
Entity
Mailing address
3712 PRINCE ST PH 2A, FLUSHING, NY 11354-4654
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
—
Ofs-hp LLC
—
Deed
related
$7,048,691 · Shanghai Com'l Bk Ltd
—
—
Ofs-hp LLC
—
Loan Modification, Consolidation And Extension
related
$27,000,000 · Hsbc Bk USA NA
—
—
Ofs-hp LLC
—
Deed Of Trust
related
$7,048,691 · Shanghai Com'l Bk Ltd
—
—
Ofs-hp LLC
—
Loan Modification
related
$32,000,000 · Shanghai Com'l Bk Ltd
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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