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Financial
Distress signals
Property profile

257-10 Union Tpke 3 Glen Oaks, NY 11004

FOR LEASE
Office buildings
Property ID
US63-2226764
8,132 SF 0.19 ac lot Built 2002
Last sale Mar 2005
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property consists of approximately 4,000 square feet of office space located in a medical hub near Northwell, Zucker Hillside Hospital, Cohen Children’s Medical Center, and Long Island Jewish Medical Center. It is configured for medical and community facility use, includes rear on-site parking, and is positioned about one block from the Q46 and Q48 bus stop on Union Turnpike, a corridor with reported traffic volume of approximately 21,000 vehicles per day.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$83k
Tax billed · 2024
Assessed value$975k
Assessed land$146k
Assessed improvement$828k
Effective rate8.50%

Value estimate

· Oct 2026
$3.69M
$3.32M – $4.05M
CAP approach$4.40M
NOI build-up
Gross scheduled income$168k
Vacancy & credit loss−$14k
Operating expenses−$61k
NOI · 838.47% cap applied$92k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$547/SF
County average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$322 – $1,019
Qualifying comparables8

Cap rate analysis

How does the asset earn?
838.47%
$92k 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?
R2A
This district is designed to provide a suitable open character for single family detached dwellings at low densities including community ...
General categoryRESIDENTIAL
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 Firm30.6
Realty agency23.3
Auto Parts Store14.3

Location

257-10 Union Tpke, Unit 3 Glen Oaks, NY 11004
County assessor Recorded deeds · 5 transfers 8 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26404 Un, Glen Oaks, NY 11004-1334 $700,000 May 2025 1,066 SF
25810 Hillside, Glen Oaks, NY 11004-1621 $5,062,000 Jun 2021 3,750 SF
26503 Hillside, Glen Oaks, NY 11004-1739 $600,000 Dec 2018 1,320 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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