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Property profile & analytics
OFF-MARKET
Estimated value
$4,590,000
Retail space
2310 44th Dr Long Island City, NY 11101-4712
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-6077467
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C5-3
APN
00079-0029
UPID
US63-6077467
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
$4.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.59M
Owner & transaction history
2310 Ds LLC · 1 yrs held
2310 Ds LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
C5-3 · Long Island City, 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 Long Island City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Island City 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
$4,680,000
ML approach
$4,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.59M
Range $4.13M – $5.05M · ±10% · vs last sale $4.50M (Nov 24 2024)
Last sale anchor
$4.50M
Nov 24 2024
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
$1,836 / 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
$20,753
Tax year 2024
Assessed value
$224,550
Assessed 2024
Previous assessed
$188,370
+19.2% YoY
Effective rate
9.24%
On assessed value
Assessed land
$101,250
Assessed improvement
$123,300
Land market value
$225,000
Improvement market value
$274,000
Total market value
$499,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C5-3
APN
00079-0029
UPID
US63-6077467
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-3 · Long Island City, NY
Zoning C5-3 · permitted uses
C5-3 · Long Island City, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Island City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
2310 Ds LLC
Entity
Mailing address
1370 BROADWAY, NEW YORK, NY 10018-7302
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
$4,500,000
2310 Ds LLC
23-10 44th Drive LLC
Deed
$2,500,000 · 23-10 44th Drive LLC
Nov 26, 2024
—
23-10 44th Drive LLC
Soundview R.e., LLC
Deed
—
Mar 29, 2024
$4,678,357
23-10 44th Drive LLC
Soundview R.e., LLC
Deed
—
Jun 4, 2019
—
Soundview Re LLC
—
Deed
related
$5,000,000 · Rosenthal & Rosenthal
Jun 5, 2017
—
Soundview Re LLC
—
Deed
related
$4,530,000 · Rosenthal & Rosenthal
Mar 1, 2004
$615,000
Soundview R E LLC
Noh,david & Nora
Grant Deed
related
$499,000 · Elk Assocs Funding Corp
—
—
Soundview Re LLC
—
Deed Of Trust
related
$181,729 · Nara Bank
—
—
Soundview Re LLC
—
Deed Of Trust
related
$5,000,000 · Rosenthal & Rosenthal
—
—
David Noh
—
Deed Of Trust
related
$600,000 · Hanil Bank New York Agency
—
—
Soundview Re LLC
—
Deed Of Trust
related
$266,736 · Nara Bank
—
—
Soundview Re LLC
—
Deed Of Trust
related
$500,000 · Nara Bank
—
—
Soundview Re LLC
—
Deed Of Trust
related
$300,000 · Nara Bank
—
—
Soundview Re LLC
—
Deed Of Trust
related
$500,000 · Nara Bank
—
—
Soundview Re LLC
—
Loan Modification, Consolidation And Extension
related
$650,000 · Bbcn Bk
—
—
Soundview R E LLC
—
Deed Of Trust
related
$500,000 · Bbu Bank
—
—
Soundview Re LLC
—
Deed Of Trust
related
$289,503 · Bbcn Bk
—
—
Soundview Re LLC
—
Deed Of Trust
related
$4,530,000 · Rosenthal & Rosenthal
—
—
Elite R E Corp
—
Deed Of Trust
related
$2,625,000 · Elk Associates Funding Corp
—
—
Elite R E Corp
—
Deed Of Trust
related
$500,000 · Elk Associates Funding Corp
—
—
Soundview R E LLC
—
Deed Of Trust
related
$400,000 · Nara 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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