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Property profile & analytics
OFF-MARKET
Estimated value
$3,315,000
Retail residential properties
16218 71st Ave Flushing, NY 11365-1457
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-0187144
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2000
Total area
13,900 SF
Lot
0.1 ac (4,368 SF)
Zoning code
R6
APN
06801-0047
UPID
US63-0187144
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
-
Hestia Adult Social Day Care Center Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$3.32M
Owner & transaction history
Dalina Enterprise LLC · 4 yrs held
Dalina Enterprise LLC
since 2022
6 recorded transactions
Zoning & alternative use
R6 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,980,000
6.5%
$2,750,000
7%
$2,555,000
Blend value · Realmo final
$3.32M
Range $2.98M – $3.65M · ±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
$238 / 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
$88,696
Tax year 2024
Assessed value
$925,200
Assessed 2024
Previous assessed
$687,463
+34.6% YoY
Effective rate
9.59%
On assessed value
Assessed land
$26,550
Assessed improvement
$898,650
Land market value
$59,000
Improvement market value
$1,997,000
Total market value
$2,056,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
1
Stories
5
Units
10
Total area
13,900 SF
Lot
0.1 ac (4,368 SF)
Zoning code
R6
APN
06801-0047
UPID
US63-0187144
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Flushing, NY
Zoning R6 · permitted uses
R6 · 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
2000
Heating
NONE
Stories
5
Buildings
1
Units
10
Lot
0.1 ac
Current owner
From public records · entity-resolved
Dalina Enterprise LLC
Entity
Mailing address
16218 71ST AVE, FRESH MEADOWS, NY 11365-1457
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
—
Dalina Enterprise LLC
Jieli, LLC
Deed
$2,600,000 · East West Bank
May 26, 2010
$1,650,000
Jieli LLC
Caring Properties LLC
Grant Deed
—
Feb 28, 2005
$3,800,000
Caring Properties LLC
Abrams Holdings LLC
Deed
$2,700,000 · Astoria Fsla
—
—
Jieli LLC
—
Deed Of Trust
related
$1,900,000 · Melrose Cu
—
—
Jieli LLC
—
Deed Of Trust
related
$1,450,000 · Quontic Bank
—
—
Jieli LLC
—
Deed Of Trust
related
$454,144 · Melrose Cu
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.
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