New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,905,000
Apartment buildings
3725 64th St, Flushing, NY 11377-2736
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-2525458
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1924
Total area
169,000 SF
Lot
1.38 ac (59,982 SF)
Zoning code
R5D
APN
01219-0032
UPID
US63-2525458
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
$3.91M
Owner & transaction history
Cosmopolitan Associates IV LLC · 15 yrs held
Cosmopolitan Associates IV LLC
since 2011
6 recorded transactions
Zoning & alternative use
R5D · 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 Flushing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flushing 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
$23 / 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
$916,238
Tax year 2024
Assessed value
$7,997,850
Assessed 2024
Previous assessed
$7,197,129
+11.1% YoY
Effective rate
11.46%
On assessed value
Assessed land
$1,350,000
Assessed improvement
$6,647,850
Land market value
$3,000,000
Improvement market value
$14,773,000
Total market value
$17,773,000
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
Off-Market
Year built
1924
Heating
NONE
Buildings
6
Stories
5
Units
234
Total area
169,000 SF
Lot
1.38 ac (59,982 SF)
Zoning code
R5D
APN
01219-0032
UPID
US63-2525458
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5D · Flushing, NY
Zoning R5D · permitted uses
R5D · 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
1924
Heating
NONE
Stories
5
Buildings
6
Units
234
Lot
1.38 ac
Current owner
From public records · entity-resolved
Cosmopolitan Associates IV LLC
Entity
Mailing address
675 3RD AVE, NEW YORK, NY 10017-5704
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2016
—
Cosmopolitan Associates IV LLC
—
Deed
related
$11,000,000 · Apple Bk
Jun 3, 2011
—
Cosmopolitan Associates IV LLC
Cosmopolitan Associates LLC
Quit Claim Deed
$36,000,000 · Axa Equitable Life Ins Co
Jun 13, 2008
—
Cosmopolitan Associates LLC
Double R Investors Co INC
Grant Deed
related
—
—
—
Cosmopolitan Associates V LLC
—
Loan Modification, Consolidation And Extension
related
$7,000,000 · Apple Bk
—
—
Cosmopolitan Associates I LLC
—
Loan Modification, Consolidation And Extension
related
$36,000,000 · Apple Bk
—
—
Cosmopolitan Associates IV LLC
—
Loan Modification
related
$11,000,000 · Apple Bk
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?”
You own 3725 64th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
