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Property profile & analytics
OFF-MARKET
Manufacturing properties
3511 9th St Long Island City, NY 11106-5103
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-5658701
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1930
Total area
102,670 SF
Lot
0.96 ac (42,000 SF)
Zoning code
R5
APN
00329-0018
UPID
US63-5658701
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
-
Jumbo Products Inc (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Modern International Corporation Telecommunications Service
-
Atlas Restoration Corporation Architect
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
35-11 9th LLC · 4 yrs held
35-11 9th LLC
since 2022
Last sale
$26.4M
7 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 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
$167,606
Tax year 2024
Assessed value
$4,393,350
Assessed 2024
Previous assessed
$4,123,755
+6.5% YoY
Effective rate
3.81%
On assessed value
Assessed land
$1,134,000
Assessed improvement
$3,259,350
Land market value
$2,520,000
Improvement market value
$7,243,000
Total market value
$9,763,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
4
Units
55
Total area
102,670 SF
Lot
0.96 ac (42,000 SF)
Zoning code
R5
APN
00329-0018
UPID
US63-5658701
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
1930
Heating
NONE
Stories
4
Buildings
1
Units
55
Lot
0.96 ac
Current owner
From public records · entity-resolved
35-11 9th LLC
Entity
Mailing address
4770 WHITE PLNS RD, BRONX, NY 10470-1136
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$26,375,000
35-11 9th LLC
Brickman Cigar Factory LLC
Deed
—
May 21, 2018
—
Brickman Cigar Factory LLC
—
Grant Deed
related
$27,250,000 · Loancore Cap Credit Reit LLC
Sep 11, 2015
$31,100,000
Brickman Cigar Factory LLC
Pds 9th Street LLC
Grant Deed
—
Aug 25, 2011
—
Pds 9th Street LLC
—
Deed Of Trust
related
$9,000,000 · Signature Bank
Dec 16, 2008
—
Pds 9th Street LLC
—
Deed Of Trust
related
$8,100,000 · Marion Berkowitz
Nov 25, 2008
—
Henry Stern
Stern,henry
Quit Claim Deed
related
—
Nov 25, 2008
$12,100,000
Pds 9th Street LLC
Stern,henry
Grant Deed
related
$8,100,000 · Big Brother Bail Bonds
—
—
Pds 9th Street LLC
—
Deed Of Trust
related
$900,000 · Signature Bank
—
—
Brickman Cigar Factory LLC
—
Loan Modification, Consolidation And Extension
related
$19,460,000 · Bank Of America
—
—
Brickman Cigar Factory LLC
—
Deed Of Trust
related
$2,540,000 · Bank Of America
—
—
Brickman Cigar Factory LLC
—
Deed Of Trust
related
$10,914,077 · Bank Of America
—
—
Brickman Cigar Factory LLC
—
Loan Modification
related
$27,250 · Loancore Cap Credit Reit LLC
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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