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Property profile & analytics
FOR LEASE
Office buildings
3712 92Nd St, Jackson Heights, NY 11372
Entity Owned
11-yr Hold
Absentee Owner
Property ID
US63-2628168
For Lease
1 / 7
$3,000/Mo
3712 92Nd St, Jackson Heights, NY 11372
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2018
Total area
7,119 SF
Lot
0.07 ac (3,000 SF)
Zoning code
R5A
APN
01479-0011
UPID
US63-2628168
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
by Request
Blend (final)
Blend
$2.62M
Owner & transaction history
Advanced Properties Of Ny LLC · 11 yrs held
Advanced Properties Of Ny LLC
since 2015
7 recorded transactions
Zoning & alternative use
R5A · Flushing, 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 Jackson Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson Heights 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
$367 / 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
$89,084
Tax year 2024
Assessed value
$841,050
Assessed 2024
Previous assessed
$916,110
-8.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$94,500
Assessed improvement
$746,550
Land market value
$210,000
Improvement market value
$1,659,000
Total market value
$1,869,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2018
Heating
NONE
Stories
3
Units
1
Total area
7,119 SF
Lot
0.07 ac (3,000 SF)
Zoning code
R5A
APN
01479-0011
UPID
US63-2628168
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5A · Flushing, NY
Zoning R5A · permitted uses
R5A · Flushing, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flushing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
3
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Advanced Properties Of Ny LLC
Entity
Mailing address
9436 59TH AVEC4, ELMHURST, NY 11373-5151
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2018
—
Advanced Properties Of Ny LLC
—
Trustees Deed
related
$310,000 · Jp Morgan Chase Bk
Jan 6, 2017
—
Advanced Properties Of Ny LLC
—
Trustees Deed
related
$1,340,000 · Jp Morgan Chase Bk
Apr 15, 2015
$955,000
Advanced Properties Of Ny LLC
Fernando Romero
Deed
$722,500 · Jpmorgan Chase Bank, N.a.
—
—
Luis F Romero
—
Deed Of Trust
related
$55,494 · Precision Financial INC
—
—
Luis F Romero
—
Deed Of Trust
related
$750,000 · Ecc Encore Cr
—
—
Fernando Romero
—
Deed Of Trust
related
$774,562 · * Other Institutional Lenders
—
—
Luis F Romero
—
Deed Of Trust
related
$225,000 · American Brokers Conduit
—
—
Fernando Romero
—
Deed Of Trust
related
$336,000 · Prmi INC
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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