Entity Owned Property summary
AI-generated overview
The property is a mixed-use building with approximately 6,160 square feet across three stories plus a basement. The ground floor contains four retail storefronts. The second and third floors provide four apartments, each with three bedrooms and two bathrooms and approximately 1,000 square feet of living area per unit. The apartments have been renovated and are configured with modern electrical wiring and appliances. The building is located at the corner of Cypress Avenue and Putnam Avenue, within walking distance of the L/M subway lines, and is situated in an area with nearby retail, dining, parks, and other daily amenities. It is zoned C4-3A for mixed-use development. Each unit has separate utilities through individual meters and boilers, with occupants responsible for heat and gas expenses.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1916
Total area
6,160 SF
Lot
0.05 ac (2,200 SF)
Zoning code
C4-3A
APN
03451-0024
UPID
US63-0841719
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
since 2026
Last sale
$3.3M
3 recorded transactions
Zoning & alternative use
C4-3A · Flushing, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.24M
Value range
$2.01M – $2.46M
±10% around blend
Estimated value / SF
$363 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
80
$2.01M
blend $2.24M
$2.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,160 SF
Lot area
0.05 ac
Year built
1916
Stories
3
APN
03451-0024
Zoning
C4-3A
Assessed value
$443,340
Annual tax
$44,861
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.80M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.2 mi away · 4,332 SF
0.4 mi away · 4,400 SF
0.5 mi away · 5,350 SF
0.6 mi away · 5,013 SF
0.7 mi away · 4,725 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.24M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 150 sales
$360
+1%
Submarket 1035 sales
$450
-19%
County 1912 sales
$386
-6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $363/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.25M
Move the market yield to see immediate price impact.
Value / SF
$528
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$205k
$4.10M
$2.92M
$2.28M
$228k
$4.55M
$3.25M
$2.53M
$250k
$5.01M
$3.57M
$2.78M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$2.90M
0.2 mi · Feb 2026 · $496/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$44,861
Tax year 2024
Assessed value
$443,340
Assessed 2024
Previous assessed
$332,249
+33.4% YoY
Effective rate
10.12%
On assessed value
Assessed land
$11,700
Assessed improvement
$431,640
Land market value
$26,000
Improvement market value
$959,200
Total market value
$985,200
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1916
Heating
NONE
Buildings
1
Stories
3
Units
8
Total area
6,160 SF
Lot
0.05 ac (2,200 SF)
Zoning code
C4-3A
APN
03451-0024
UPID
US63-0841719
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-3A · Flushing, NYZoning C4-3A · permitted uses
C4-3A · Flushing, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1916
Heating
NONE
Stories
3
Buildings
1
Units
8
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4-3A
Jurisdiction
Flushing, NY
Recorded code
C4-3A
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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