New search
Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Specialty properties
21404 Northern Blvd Flushing, NY 11361
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3374821
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2018
Total area
4,244 SF
Lot
0.48 ac (20,856 SF)
Zoning code
R6B
APN
07333-0201
UPID
US63-3374821
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
East Riv Petroleum Realty LLC · 14 yrs held
East Riv Petroleum Realty LLC
since 2011
7 recorded transactions
Zoning & alternative use
R6B · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$234 / 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
$156,815
Tax year 2024
Assessed value
$1,999,350
Assessed 2024
Previous assessed
$1,297,530
+54.1% YoY
Effective rate
7.84%
On assessed value
Assessed land
$1,407,600
Assessed improvement
$591,750
Land market value
$3,128,000
Improvement market value
$1,315,000
Total market value
$4,443,000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
4,244 SF
Lot
0.48 ac (20,856 SF)
Zoning code
R6B
APN
07333-0201
UPID
US63-3374821
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6B · Flushing, NY
Zoning R6B · permitted uses
R6B · 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
2018
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
East Riv Petroleum Realty LLC
Entity
Mailing address
362 5TH AVE STE #901, NEW YORK, NY 10001-2252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2011
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$55,880,000 · Manufacturers Traders & Trust
Dec 16, 2010
—
East River Petroleum Rlty LLC
—
Deed Of Trust
related
$2,756,050 · Ch Realty V&dag Bridge LLC
—
—
East River Petroleum Rlty Ll
—
Loan Modification
related
$65,197,000 · Manufacturers & Traders Tr
—
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$48,134,941 · Manufacturers & Traders Tr
—
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$2,950,000 · Manufacturers & Traders Tr
—
—
Anacostia Realty LLC
—
Loan Modification
related
$65,197,000 · Manufacturers & Traders Tr
—
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$2,689,515 · Manufacturers & Traders Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21404 Northern Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
