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Property profile & analytics
OFF-MARKET
Estimated value
$11,460,000
Manufacturing properties
1630 Cody Ave Flushing, NY 11385-5734
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-6137917
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1931
Total area
39,550 SF
Lot
0.44 ac (19,150 SF)
Zoning code
M1-4
APN
03557-0028
UPID
US63-6137917
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
-
Creston Delivery Services Inc Trucking Company
-
Tibana Finishing Inc Textile Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.85M
CAP Approach
CAP
$8.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.46M
Owner & transaction history
Btp 1630 Cody Ave LLC · 3 yrs held
Btp 1630 Cody Ave LLC
since 2022
Last sale
$13.2M
6 recorded transactions
Zoning & alternative use
M1-4 · 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
$13,355,000
ML approach
$8,850,000
CAP Approach
CAP Return
Estimation
6%
$9,360,000
6.5%
$8,640,000
7%
$8,020,000
Blend value · Realmo final
$11.46M
Range $10.31M – $12.61M · ±10% · vs last sale $13.23M (Aug 9 2022)
Last sale anchor
$13.23M
Aug 9 2022
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
$290 / 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
$178,559
Tax year 2024
Assessed value
$1,972,350
Assessed 2024
Previous assessed
$1,614,060
+22.2% YoY
Effective rate
9.05%
On assessed value
Assessed land
$130,500
Assessed improvement
$1,841,850
Land market value
$290,000
Improvement market value
$4,093,000
Total market value
$4,383,000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
39,550 SF
Lot
0.44 ac (19,150 SF)
Zoning code
M1-4
APN
03557-0028
UPID
US63-6137917
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · Flushing, NY
Zoning M1-4 · permitted uses
M1-4 · 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
1931
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Btp 1630 Cody Ave LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1530 BROADWAY, NEW YORK, NY 10036-4048
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
Aug 9, 2022
$13,225,000
Btp 1630 Cody Ave LLC
1630 Cody Avenue LLC
Deed
—
Mar 29, 2005
$2,000,000
1630 Cody Avenue LLC
Anoroc Realty INC
Deed
$299,447 · Flushing Savings Bank
Sep 30, 2004
$3,600,000
Anoroc Realty INC
Cody Avenue Company LLC
Grant Deed
$2,012,955 · Independence Community Bank
—
—
Bk Sovereign
—
Deed Of Trust
related
$1,150,000 · 1630 Cody Avenue LLC
—
—
1630 Cody Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$1,300,000 · Santander Bk NA
—
—
1630 Cody Avenue LLC
—
Deed Of Trust
related
$93,157 · Sovereign Bank
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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