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    Property profile & analytics
    OFF-MARKET Estimated value $3,400,000
    Hotels

    3618 Main St, Flushing, NY 11354-4105

    210,460 SF 0.81 ac lot Built 2014
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-4235148
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 3618 Main St, Flushing, NY 11354, within "The Connexion," a premier health and lifestyle destination. This Class B property, built in 2019, offers 1,572 square feet of space in a multi-tenant building totaling 290,195 square feet. The building features two structures, one a fourteen-story building and the other housing the Hotel Indigo. The property boasts 320 total parking spaces, including a 345-space valet parking facility at the adjacent Tower 2 on Prince Street. Elevators are available. The property is situated in Queens County and is part of a development that seamlessly integrates wellness, health services, and modern amenities. The ground floor offers a diverse range of health professionals and culinary options, creating a vibrant and bustling atmosphere. This location is ideal for businesses seeking high visibility and access to a large customer base within a thriving community. The property's modern design and convenient amenities make it an attractive option for a variety of retail uses. This is a unique opportunity to establish a presence in a dynamic and rapidly growing area of Queens.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 2014
    Total area 210,460 SF
    Lot 0.81 ac (35,447 SF)
    Zoning code C4-2
    APN 04971-0016
    UPID US63-4235148
    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
    $3.40M
    Blend (final) Blend
    $3.40M
    Owner & transaction history
    Ca Plaza, LLC · 2 yrs held
    Ca Plaza, LLC
    since 2023
    2 recorded transactions
    2023
    2022
    Zoning & alternative use
    C4-2 · Flushing, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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