New search
Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Industrial properties
15121 6th Rd, Flushing, NY 11357-1206
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-3471820
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Total area
11,776 SF
Lot
0.6 ac (25,930 SF)
Zoning code
M1-1
APN
04487-0158
UPID
US63-3471820
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$760k
Owner & transaction history
Dimifini-queens LLC · 15 yrs held
Dimifini-queens LLC
since 2011
7 recorded transactions
Zoning & alternative use
M1-1 · 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10%
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
$65 / 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
$53,765
Tax year 2024
Assessed value
$507,600
Assessed 2024
Previous assessed
$492,300
+3.1% YoY
Effective rate
10.59%
On assessed value
Assessed land
$238,500
Assessed improvement
$269,100
Land market value
$530,000
Improvement market value
$598,000
Total market value
$1,128,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
11,776 SF
Lot
0.6 ac (25,930 SF)
Zoning code
M1-1
APN
04487-0158
UPID
US63-3471820
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Flushing, NY
Zoning M1-1 · permitted uses
M1-1 · 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
1965
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Dimifini-queens LLC
Entity
Mailing address
15117 6TH RD, WHITESTONE, NY 11357-1206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Dimifini-queens, LLC
—
Deed
related
$6,400,000 · Wayne Bank
Mar 2, 2020
—
Dimifini-queens LLC
—
Deed
related
$3,800,000 · Sterling Nat'l Bk
Nov 2, 2018
—
Dimifini-queens LLC
—
Deed
related
$1,000,000 · Jmm Elmhurst Restaurants LLC
Jan 31, 2011
—
Grahel Assocs LLC
—
Deed Of Trust
related
$1,300,000 · St Paul Fire & Marine Ins
Jan 31, 2011
$5,442,578
Dimifini-queens LLC
Grahel Assocs LLC
Trustees Deed
related
$2,644,320 · Provident Bank INC
—
—
Dimifini-queens LLC
—
Deed Of Trust
related
$1,000,000 · Jmm Elmhurst Restaurants LLC
—
—
Dimifini-queens LLC
—
Deed Of Trust
related
$675,000 · Sterling Nat'l Bk
—
—
Dimifini-queens LLC
—
Deed Of Trust
related
$1,649,997 · Sterling Nat'l Bk
—
—
Dimifini-queens LLC
—
Deed Of Trust
related
$1,870,000 · Sterling Nat'l Bk
—
—
Dimifini-queens LLC
—
Loan Modification
related
$3,800,000 · Sterling Nat'l Bk
—
—
St Paul Fire & Marine Ins Co
—
Deed Of Trust
related
$300,000 · Bradd Williamson
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
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 15121 6th Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
