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Property profile & analytics
OFF-MARKET
Estimated value
$5,815,000
Apartment buildings
3728 30th St Long Island City, NY 11101-2699
Trust Owned
Free & Clear
Property ID
US63-1513438
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Total area
27,121 SF
Lot
0.19 ac (8,119 SF)
Zoning code
M12R6A
APN
00371-0034
UPID
US63-1513438
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
-
Electech Electrical Corporation Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.82M
Owner & transaction history
Grace Chong Revocable Trust U/a/d M
Grace Chong Revocable Trust U/a/d M
since 2026
7 recorded transactions
Zoning & alternative use
M12R6A · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,090,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$5.82M
Range $5.23M – $6.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$214 / 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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2021
Heating
NONE
Stories
7
Units
33
Total area
27,121 SF
Lot
0.19 ac (8,119 SF)
Zoning code
M12R6A
APN
00371-0034
UPID
US63-1513438
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M12R6A · Long Island City, NY
Zoning M12R6A · permitted uses
M12R6A · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$9.1M
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
7
Units
33
Lot
0.19 ac
Current owner
From public records · entity-resolved
Grace Chong Revocable Trust U/a/d M
Trust
Free & Clear · 0 yrs held
Mailing address
1836 GILFORD AVE, NEW HYDE PARK, NY 11040-4031
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
Grace Chong Revocable Trust U/a/d M
Shing Ting Chong
Deed
—
Dec 31, 2024
—
Chong Shing Ting
Shing Ting Chong
Deed
related
—
Sep 27, 2023
$75,000
Paul Chang
37-26 30th Street LLC
Deed
—
Sep 12, 2023
$735,000
Ashley Rai Nanda
37-26 30th Street LLC
Deed
$550,000 · Wells Fargo Bank, N.a.
Aug 2, 2023
$828,650
Daniel Haizhou Chen
37-26 30th Street LLC
Deed
$597,848 · Mers
Jul 27, 2023
$1,400,000
Maniscalco, Vincent A
37-26 30th Street LLC
Deed
$1,120,000 · Wells Fargo Bank, N.a.
Jul 17, 2023
$770,000
Shing Ting Chong
37-26 30th Street LLC
Deed
$616,000 · Bank Of America, N.a.
Jul 14, 2023
$776,135
Lau Redford
37-26 30th Street LLC
Deed
$620,908 · Citibank, N.a.
Jul 14, 2023
$845,000
Zi Han Huang
37-26 30th Street, LLC
Deed
$676,000 · First Republic Bank
Jul 10, 2023
$1,287,098
Rongrong Hu
37-26 30th Street LLC
Deed
$650,000 · Mortgage Electronic Registration Sy
Jun 14, 2023
$750,000
Baseera Khan
37-26 30th Street, LLC
Deed
$525,000 · Mortgage Electronic Registration Sy
Nov 21, 2022
—
37-26 30th Street LLC
37-26 30th Street LLC
Deed
related
—
Oct 23, 2018
$11,500,000
37-26 30th Street LLC
Ct Brothers LLC
Trustees Deed
$6,900,000 · Tristate Cap Bk
Dec 5, 2017
$8,500,000
Ct Brothers LLC
Wilbee Corp
Grant Deed
—
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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