Financial
Distress signals
Property profile

13687 37Th Ave Flushing, NY 11354

FOR SALE
Other investment properties
Property ID
US63-4241806
5,193 SF 0.04 ac lot Built 1994
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,300-square-foot restaurant space configured for K-style fusion dining, featuring 10 tables and seating capacity for 55 chairs. The premises have undergone renovation and are set up with a dining layout appropriate for daytime-to-evening service operations. The property is located at 13687 37th Avenue in Flushing, New York, and is classified under C4-3 zoning. The associated building was constructed in 1994.

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?
$90k
Tax billed · 2024
Assessed value$853k
Assessed land$131k
Assessed improvement$722k
Effective rate10.59%

Value estimate

· Sep 2026
$970k
$873k – $1.07M
CAP approach$1.03M
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 46.28% cap applied$60k

Realmo valuation models over county records and 56 qualifying comparable sales.

Recently sold

What actually traded nearby?
$749/SF
ZIP average, outlier-cleaned · 154 recorded sales of this use type
Observed band · Q1–Q3$381 – $1,130
Qualifying comparables56

Cap rate analysis

How does the asset earn?
46.28%
$60k 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?
C4-3
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility11.8
Smoke and Vape Shop11.0
Nursing Home10.0

Location

13687 37Th Ave Flushing, NY 11354
County assessor Recorded deeds · not on file 56 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13148 40th, Flushing, NY 11354-5123 $2,350,000 Jan 2026 6,412 SF
13525 40th, Flushing, NY 11354-5347 $3,440,250 Aug 2025 3,784 SF
3624 Un, Flushing, NY 11354-4292 $3,300,000 Apr 2025 3,940 SF
13146 40th, Flushing, NY 11354-5181 $1,802,937 Mar 2025 6,004 SF
13524 37th, Flushing, NY 11354-6607 $3,180,000 Feb 2025 4,130 SF
3614 Un, Flushing, NY 11354-4317 $2,300,000 Jan 2025 3,800 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?”
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