Financial
Distress signals
Property profile

2248 119th St Flushing, NY 11356

OFF-MARKET
Office buildings
Property ID
US63-2748167
11,590 SF 1.01 ac lot Built 1959
Last sale Jun 2015 · $2,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$97k
Tax billed · 2024
Assessed value$982k
Assessed land$399k
Assessed improvement$583k
Effective rate9.89%

Value estimate

· Sep 2026
$4.31M
$3.88M – $4.74M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$681/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$402 – $1,529
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office27.1
Law Firm24.7
Realty agency21.7

Location

2248 119th St Flushing, NY 11356-2516
County assessor Recorded deeds · 3 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12208 15th, Flushing, NY 11356 $2,150,000 Mar 2026 1,000 SF
13006 20th, Flushing, NY 11356 $500,000 Jan 2026 14,318 SF
1404 111th, Flushing, NY 11356-1434 $13,364,190 Apr 2024 59,550 SF
12002 15th, Flushing, NY 11356 $3,000,000 Jul 2022 6,992 SF
12414 20th, Flushing, NY 11356-2340 $1,150,000 Feb 2022 2,579 SF
1532 127th, Flushing, NY 11356-2353 $5,350,000 Jan 2022 18,000 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
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