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Property profile & analytics
OFF-MARKET
Retail residential properties
2367 31st St, Long Island City, NY 11105-2809
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1180944
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2016
Total area
7,634 SF
Lot
0.05 ac (2,250 SF)
Zoning code
C4-3
APN
00835-0012
UPID
US63-1180944
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
by Request
Owner & transaction history
Duke Capital Management LLC · 3 yrs held
Duke Capital Management LLC
since 2022
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
C4-3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$908
Tax year 2024
Assessed value
$903,420
Assessed 2024
Previous assessed
$752,850
+20.0% YoY
Effective rate
0.10%
On assessed value
Assessed land
$101,250
Assessed improvement
$802,170
Land market value
$225,000
Improvement market value
$1,782,600
Total market value
$2,007,600
Applied tax rate
2.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
1
Stories
6
Units
10
Total area
7,634 SF
Lot
0.05 ac (2,250 SF)
Zoning code
C4-3
APN
00835-0012
UPID
US63-1180944
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-3 · Long Island City, NY
Zoning C4-3 · permitted uses
C4-3 · 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
2016
Heating
NONE
Stories
6
Buildings
1
Units
10
Lot
0.05 ac
Current owner
From public records · entity-resolved
Duke Capital Management LLC
Entity
Mailing address
26 DELEVAN ST, BROOKLYN, NY 11231-1808
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$6,400,000
Duke Capital Management LLC
23-67 31st Jv LLC
Deed
—
Apr 2, 2019
—
23-67 31st Jv LLC
23-67 Realty LLC
Correction Deed
related
$5,500,000 · Td Bk NA
Apr 6, 2017
—
23-67 31st Jv LLC
—
Deed
related
$4,300,000 · Sharestates Invs #bc2017-00765
Jan 15, 2016
$900,000
23-67 31st Jv LLC
23-67 Realty LLC
Grant Deed
—
Jun 21, 2012
$600,000
23-67 Realty LLC
Wrv 31st St LLC
Grant Deed
—
Nov 4, 2010
—
Wrv 31st St LLC
Devito,donna
Grant Deed
—
Jul 13, 2010
$470,000
Donna Devito
Laredogoitia,domingo
Grant Deed
—
—
—
23-67 31st Jv LLC
—
Deed Of Trust
related
$4,300,000 · Sharestates Invs #bc2017-00765
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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