Property profile

2040 129Th St 2F College Point, NY 11356

FOR LEASE
Manufacturing properties
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Property ID
US63-2823427
6,830 SF 0.11 ac Built 1992
Last sale Aug 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
2040 129Th St,Unit 2F, College Point, NY 11356 For Lease
$2,500/Mo 1,100 SF available
2040 129Th St,Unit 2F, College Point, NY 11356
View Listing

Property summary

AI-generated overview

The property is a second-floor commercial office suite located at 2040 129th Street, 2F, in College Point, Queens (Queens County). It is configured within a building that supports separate office unit occupancy, indicating a multi-unit office building arrangement. The provided information does not specify the unit’s interior layout, building amenities, or on-site parking details.

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?
$35k
Tax billed · 2024
Assessed value$334k
Assessed land$81k
Assessed improvement$253k
Effective rate10.59%

Value estimate

· Nov 2026
$355k
$320k – $391k
AI approach$355k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$7k
Operating expenses−$12k
NOI$36k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$460/SF
Submarket average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$290 – $684
Qualifying comparables13

Cap rate analysis

How does the asset earn?
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.1
Dental Office19.7
Parking Facility14.1

Location

2040 129Th St, Unit 2F College Point, NY 11356
County assessor Recorded deeds · 1 transfer 13 qualifying comp sales 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1539 130th, Flushing, NY 11356-2417 $3,100,000 Oct 2024 6,144 SF
1404 110th, Flushing, NY 11356 $13,364,190 Apr 2024 15,000 SF
11121 13th, Flushing, NY 11356 $41,403,727 Apr 2024 21,360 SF
1420 130th, Flushing, NY 11356-2416 $1,800,000 May 2023 4,250 SF
1530 127th, Flushing, NY 11356-2332 $2,108,000 May 2023 15,250 SF
11902 15th, Flushing, NY 11356 $1,660,000 Mar 2023 14,175 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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