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Property profile & analytics
OFF-MARKET
Estimated value
$4,785,000
Apartment buildings
4218 147th St Flushing, NY 11355-1390
Individually Owned
1-yr Hold
Property ID
US63-2422376
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Construction
BRICK
Total area
36,679 SF
Lot
0.28 ac (12,229 SF)
Zoning code
R6A
APN
05374-0054
UPID
US63-2422376
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
$4.79M
Owner & transaction history
Kat Yang Kexin · 1 yrs held
Kat Yang Kexin
since 2024
7 recorded transactions
Zoning & alternative use
R6A · 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
$130 / 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
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
2019
Construction
BRICK
Heating
NONE
Stories
7
Units
53
Total area
36,679 SF
Lot
0.28 ac (12,229 SF)
Zoning code
R6A
APN
05374-0054
UPID
US63-2422376
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6A · Flushing, NY
Zoning R6A · permitted uses
R6A · 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
2019
Construction
BRICK
Heating
NONE
Stories
7
Units
53
Lot
0.28 ac
Current owner
From public records · entity-resolved
Kat Yang Kexin
Individual
Mailing address
1003 141ST ST, WHITESTONE, NY 11357-1022
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$492,510
Kat Yang Kexin
Grand 147th Street Development LLC
Deed
—
Jul 26, 2024
$486,720
Liyin Dong
Grand 147th Street Development LLC
Deed
—
Jun 21, 2024
—
The 42-22 LLC
Grand 147th Street Development LLC
Deed
—
Jun 18, 2024
$456,300
Xiu Jing Huang
Grand 147th Street Development LLC
Deed
—
Apr 30, 2024
$1,650,000
The 42-22 LLC
Grand 147th Street Development LLC
Deed
—
Jan 29, 2024
—
Grand 147th Street Development LLC
—
Deed
related
$200,000 · Hampton Partners, LLC
Nov 24, 2023
$896,773
Lefeng Cai
Grand 147th Street Development LLC
Deed
$580,000 · Industrial And Commercial Bank Of C
Sep 22, 2023
$601,481
Xiaoqin Lin
Grand 147th Street Development LLC
Deed
$372,000 · Cathay Bank
Apr 12, 2023
$627,423
Betty Li
Grand 147th Street Development LLC
Deed
$366,000 · Metro City Bank
Mar 21, 2023
—
Grand 147th Street Development LLC
—
Deed
related
$2,300,000 · S3 Re Funding III LLC
May 8, 2018
—
Grand 147th Street Dev LLC
New Horizon 42-18 Realty LLC
Grant Deed
—
May 25, 2016
$800,000
New Horizon 42-18 Realty LLC
Kim,byung H
Grant Deed
—
—
—
Grand 147th Street Dev LLC
—
Loan Modification
related
$1,500,000 · Hampton Ptrs 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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