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Financial
Distress signals
Property profile

16040 78th Rd Flushing, NY 11366

OFF-MARKET
Medical Office Space
Property ID
US63-3775651
4,105 SF 0.09 ac lot Built 1930
Last sale Jan 2012 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 160-40 78th Rd, Fresh Meadows, NY 11366 contains approximately 1,700 square feet of elevator-served office space. It is located one block from Union Turnpike and is situated within a residential neighborhood. The space is configured to be easily divisible and can be customized to support medical, dental, therapy, or professional office use. The property is zoned R3-2 and sits on a lot size of 0.0918 acres.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$316k
Assessed land$70k
Assessed improvement$246k
Effective rate10.16%

Value estimate

· Oct 2026
$400k
$360k – $440k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3-2
This district is designed to supports low density residential development, allowing various housing types except zero lot line buildings,...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.6
Law Firm36.8
Parking Facility28.2

Location

16040 78th Rd Flushing, NY 11366-1969
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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