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Property profile & analytics
FOR LEASE
Office buildings
41-60 Main St, Flushing, NY 11355
Entity Owned
~
Est. High Equity
Property ID
US63-3763816
For Lease
1 / 49
$60 SF/Yr
41-60 Main St, Flushing, NY 11355
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Total area
100,500 SF
Lot
0.6 ac (25,935 SF)
Zoning code
R6
APN
05121-0020
UPID
US63-3763816
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
-
Ross Legan R Law Firm
-
Palace Group Hair Salon Nail Salon
-
China Travel Services Travel Agency
-
Y&X Beauty Center Hair Salon Nail Salon
-
Nexus Holidays Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$80.00M
CAP Approach
CAP
$54.30M
Comparable Approach
Comparable
$43.59M
Blend (final)
Blend
$64.40M
Owner & transaction history
Comptex 4160 Main LLC
Comptex 4160 Main LLC
since 2025
Last sale
$64.3M
7 recorded transactions
Zoning & alternative use
R6 · 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
Method
Estimation
Statistic approach
$80,000,000
ML approach
$80,000,000
CAP Approach
CAP Return
Estimation
6%
$58,825,000
6.5%
$54,300,000
7%
$50,420,000
Blend value · Realmo final
$64.40M
Range $57.96M – $70.84M · ±10% · vs last sale $64.25M (Dec 9 2025)
Last sale anchor
$64.25M
Dec 9 2025
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
$641 / 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
$1,221,199
Tax year 2024
Assessed value
$11,529,450
Assessed 2024
Previous assessed
$11,533,050
0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$2,334,150
Assessed improvement
$9,195,300
Land market value
$5,187,000
Improvement market value
$20,434,000
Total market value
$25,621,000
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
1977
Heating
NONE
Buildings
1
Stories
3
Units
48
Total area
100,500 SF
Lot
0.6 ac (25,935 SF)
Zoning code
R6
APN
05121-0020
UPID
US63-3763816
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Flushing, NY
Zoning R6 · permitted uses
R6 · 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
1977
Heating
NONE
Stories
3
Buildings
1
Units
48
Lot
0.6 ac
Current owner
From public records · entity-resolved
Comptex 4160 Main LLC
Entity
Mailing address
520 MADISON AVE RM #3501, NEW YORK, NY 10022-4434
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
$64,250,000
Comptex 4160 Main LLC
41-60 Main Street Owner LLC
Deed
$15,000,000 · Preferred Bank
Jul 15, 2024
—
41-60 Main Street Owner LLC
—
Deed
related
$20,000,000 · Khre Sma Funding, LLC
Feb 16, 2024
$80,000,000
41-60 Main Street Owner LLC
Flushing Landmark Realty L.l.c.
Deed
—
Feb 5, 2018
—
Flushing Landmark Realty LLC
—
Loan Modification, Consolidation And Extension
related
$94,000,000 · Landmark Tower Lender LLC
Sep 28, 2016
—
Flushing Landmark Realty LLC
—
Deed
related
$21,858,531 · * Other Institutional Lenders
Oct 9, 2014
—
Victoria Towers Dev Corp
—
Loan Modification, Consolidation And Extension
related
$59,400,000 · Sdf95 Flushing Main Retail 1 L
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$12,850,063 · Sdf34 Flushing Sanford LLC
—
—
Flushing Landmark Realty LLC
—
Deed Of Trust
related
$14,602,827 · Sdf95 Flushing Main Retail 1 L
—
—
Flushing Landmark Realty LLC
—
Loan Modification, Consolidation And Extension
related
$21,858,531 · * Other Institutional Lenders
—
—
Flushing Landmark Realty LLC
—
Deed Of Trust
related
$533,000 · Sdf34 Flushing Sanford LLC
—
—
Flushing Landmark Realty LLC
—
Loan Modification
related
$34,500,000 · Sdf34 Flushing Sanford LLC
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$10,000,000 · Sdf34 Flushing Sanford II LLC
—
—
Flushing Landmark Realty LLC
—
Deed Of Trust
related
$4,967,000 · Sdf34 Flushing Sanford LLC
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$20,366,111 · Sdf95 Flushing Main Retail 1 L
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$6,600,000 · Sdf95 Flushing Main Retail 2 L
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$350,000 · Sdf95 Flushing Main Retail 1 L
—
—
Victoria Towers Dev Corp
—
Loan Modification
related
$29,500,000 · Sdf34 Flushing Sanford LLC
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$10,000,000 · Sdf34 Flushing Sanford LLC
—
—
Flushing Landmark Realty LLC
—
Loan Modification
related
$29,500,000 · Emigrant Rlty Fin
—
—
Victoria Towers Dev Corp
—
Deed Of Trust
related
$5,000,000 · Sdf34 Flushing Sanford LLC
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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