Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3630 College Pt Blvd Flushing, NY 11354-4013

    • Warehouses
    • 110,000 SF
    • 2.76 lot acres
    OFF-MARKET
    Value Estimations
    $13,465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-5908445
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Self-Storage at U-Haul / Storage Facility

    Property Details for 3630 College Pt Blvd

    Year built
    1928
    Lot size
    2.76 lot acres
    Property size
    110,000 SF
    Zone code
    M12R71
    Property type
    Warehouses
    APN
    04963-0200
    APU
    49630200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,005,000
      6.5%
      $12,930,000
      7%
      $12,005,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.8358
    Latitude
    40.7608
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $471,264
    $858,600
    $3,854,250
    $4,712,850
    -
    $1,908,000
    $8,565,000
    $10,473,000

    Comparable in this City

    • Value Estimation
      $3,560,000
      53,505 SF

      12512 31st Ave

      WAREHOUSE, STORAGE • 53,505 SF
      12512 31st Ave, Flushing, NY 11354
      View Details
    • Value Estimation
      $4,840,000
      82,867 SF

      12416 31st Ave

      WAREHOUSE, STORAGE • 82,867 SF
      12416 31st Ave, Flushing, NY 11354-2500
      View Details
    • Value Estimation
      $640,000
      8,285 SF

      3304 Downing St

      WAREHOUSE, STORAGE • 8,285 SF
      3304 Downing St, Flushing, NY 11354-2726
      View Details
    • Value Estimation
      $1,255,000
      17,773 SF

      3609 Budd Pl

      WAREHOUSE, STORAGE • 17,773 SF
      3609 Budd Pl, Flushing, NY 11354-4010
      View Details
    • Value Estimation
      $1,310,000
      19,840 SF

      13247 33rd Ave

      WAREHOUSE, STORAGE • 19,840 SF
      13247 33rd Ave, Flushing, NY 11354-2741
      View Details
    • Value Estimation by Request
      9,298 SF

      13260 34th Ave

      WAREHOUSE, STORAGE • 9,298 SF
      13260 34th Ave, Flushing, NY 11354-2706
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,146 SF

      Flushing Office and Industrial Building

      Office and industrial building in Flushing with development potential.
      12909 26Th Ave, Flushing, NY 11354
      View Details
    • $13,000,000
      17,000 SF

      Prime commercial property for sale

      Prime commercial property for sale
      136-82/86 Roosevelt Avenue, Flushing, NY 11354
      View Details
    • $3,580,000

      Prime Professional Office in Flushing

      Renovated office space in Queens Crossing, high-traffic location.
      136-17 39Th Ave, Flushing, NY 11354
      View Details
    • $1,218,600
      33,000 SF

      Flushing Commercial Space with Abatement

      33,000 SF commercial space with 20-year tax abatement.
      38-20 Parsons Blvd, Flushing, NY 11354
      View Details
    • $1,028,000
      Pending

      Union Center: Class A Commercial

      New Class A commercial development in the heart of Downtown Flushing.
      37-16 Union St, Flushing, NY 11354
      View Details
    • $1,656,000
      Pending

      Flushing Union Center Commercial Space

      New Class A commercial development, ideal for professional or medical use.
      37-16 Union St, Flushing, NY 11354
      View Details

    Similar Nearby for Lease

    • $23,000

      Main Street Retail Space Available

      Prime commercial space in Downtown Flushing with high traffic.
      36-42 Main St, Flushing, NY 11354
      View Details
    • $4,000 /Mo

      Commercial Space in Flushing, NY

      Commercial space for rent in Flushing, NY; property tax included.
      149-44 Northern Boulevard, Flushing, NY 11354
      View Details
    • $100 SF/Yr

      Prime Retail Space in Flushing

      5,200 SF retail space in a high-traffic Flushing location.
      37-16 Union St, Flushing, NY 11354
      View Details
    • $3,000 /Mo

      Professional Office Space in Flushing

      Prime office space for lease in Downtown Flushing.
      136-20 38Th Ave, Flushing, NY 11354
      View Details
    • $22,300
      6,952 SF

      Flushing Restaurant Business Opportunity

      Established restaurant business for rent on Prince Street in Flushing.
      Prince St, Flushing, NY 11354
      View Details
    • $25,000

      Flushing Retail Space with Mezzanine

      Spacious retail space with mezzanine in Downtown Flushing.
      142-28 38Th Ave, Flushing, NY 11354
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3630 College Pt Blvd
    Flushing, NY 11354-4013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!