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Property profile & analytics
FOR LEASE
Investment properties
2590 41St St Queens, NY 11103
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-1883244
For Lease
1 / 7
$2,900/Mo
2590 41St St, Queens, NY 11103
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2012
Total area
4,298 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R5
APN
00684-0079
UPID
US63-1883244
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
Current use
Occupant on record · Public records
-
Tmt Realty Group Llc. Real Estate Agency
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
Nes 41 LLC · 11 yrs held
Nes 41 LLC
since 2015
6 recorded transactions
Zoning & alternative use
R5 · 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 Queens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queens 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
$7,174
Tax year 2024
Assessed value
$488,250
Assessed 2024
Previous assessed
$362,267
+34.8% YoY
Effective rate
1.47%
On assessed value
Assessed land
$143,100
Assessed improvement
$345,150
Land market value
$318,000
Improvement market value
$767,000
Total market value
$1,085,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2012
Heating
NONE
Stories
4
Units
6
Total area
4,298 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R5
APN
00684-0079
UPID
US63-1883244
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Long Island City, NY
Zoning R5 · permitted uses
R5 · 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
2012
Heating
NONE
Stories
4
Units
6
Lot
0.06 ac
Current owner
From public records · entity-resolved
Nes 41 LLC
Entity
Mailing address
3108 BROADWAY #202, LONG ISLAND CITY, NY 11106-2649
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2015
—
Nes 41 LLC
Argyropoulos Andreas
Quit Claim Deed
$1,200,000 · Maspeth Fed'l S&l
Apr 24, 2014
$1,950,000
Andreas Argyropoulos
Lamartina,alex & Veneranda
Grant Deed
—
Mar 23, 2011
$465,000
Alex Lamartina
75th Street LLC
Grant Deed
—
Feb 11, 2011
—
75th Street LLC
Stathakis,larry
Quit Claim Deed
related
—
Oct 3, 2006
$680,000
Christos Argyros
Mattone,grovine
Grant Deed
$548,000
Oct 15, 2004
$398,000
75th Street LLC
Stathakis,larry
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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