Back to Search
Property profile & analytics
FOR SALE
Apartment buildings
30-93 43Rd St Astoria, NY 11103
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-1261330
For Sale
1 / 7
$4,400,000
30-93 43Rd St, Astoria, NY 11103
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1928
Total area
6,300 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R5
APN
00697-0009
UPID
US63-1261330
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
$2.35M
CAP Approach
CAP
$2.37M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.35M
Owner & transaction history
43rd Street Mg LLC · 2 yrs held
43rd Street Mg LLC
since 2024
Last sale
$2.4M
3 recorded transactions
Zoning & alternative use
R5 · Long Island City, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.7M
+91.9%
Commercial (general)
$2.6M
+32.7%
Office building
$2.3M
+18.2%
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 Astoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Astoria 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
$2,350,000
ML approach
$2,350,000
CAP Approach
CAP Return
Estimation
6%
$2,565,000
6.5%
$2,370,000
7%
$2,200,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,925,000
Current use
RETAIL STORES
$3,700,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,560,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$2,275,000
Change: +18% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,100,000
Change: +9% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,940,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.35M
Range $2.12M – $2.59M · ±10% · vs last sale $2.35M (May 13 2024)
Last sale anchor
$2.35M
May 13 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
$373 / 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
$20,396
Tax year 2024
Assessed value
$611,820
Assessed 2024
Previous assessed
$157,998
+287.2% YoY
Effective rate
3.33%
On assessed value
Assessed land
$11,700
Assessed improvement
$600,120
Land market value
$26,000
Improvement market value
$1,333,600
Total market value
$1,359,600
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1928
Heating
NONE
Buildings
1
Stories
3
Units
6
Total area
6,300 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R5
APN
00697-0009
UPID
US63-1261330
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Stories
3
Buildings
1
Units
6
Lot
0.07 ac
Current owner
From public records · entity-resolved
43rd Street Mg LLC
Entity
Mailing address
346 METROPOLITAN AVE #200, BROOKLYN, NY 11211-5904
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2024
$2,350,000
43rd Street Mg LLC
John A Marin, Trustee
Deed
$1,500,000 · Rosenthal & Rosenthal, INC.
Feb 23, 2009
—
Marin Jean C Living Trust
Six By Six LLC
Grant Deed
—
Mar 26, 2007
—
Six By Six LLC
Marin,jean C & Allyson P
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
