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Property profile & analytics
OFF-MARKET
Estimated value
$10,680,000
Gas stations
4218 Queens Blvd, Long Island City, NY 11104
Entity Owned
13-yr Hold
Free & Clear
Property ID
US63-2292656
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2000
Total area
3,523 SF
Lot
0.44 ac (19,000 SF)
Zoning code
R7A
APN
00169-0022
UPID
US63-2292656
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
$10.68M
Owner & transaction history
Gty-cpg Qns Of Bx Leasing INC · 13 yrs held
Gty-cpg Qns Of Bx Leasing INC
since 2013
6 recorded transactions
Zoning & alternative use
R7A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$3,032 / 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
$141,772
Tax year 2024
Assessed value
$1,483,200
Assessed 2024
Previous assessed
$1,317,060
+12.6% YoY
Effective rate
9.56%
On assessed value
Assessed land
$684,000
Assessed improvement
$799,200
Land market value
$1,520,000
Improvement market value
$1,776,000
Total market value
$3,296,000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
3,523 SF
Lot
0.44 ac (19,000 SF)
Zoning code
R7A
APN
00169-0022
UPID
US63-2292656
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · Long Island City, NY
Zoning R7A · permitted uses
R7A · 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.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Gty-cpg Qns Of Bx Leasing INC
Entity
Free & Clear · 13 yrs held
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2013
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
Jun 10, 2013
$2,650,000
Gty-cpg Qns Of Bx Leasing INC
East Riv Petroleum Realty LLC
Grant Deed
—
Nov 4, 2011
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$2,120,000 · Manufacturers & Traders Trust
Oct 27, 2011
—
East Riv Petroleum Realty LLC
Exxonmobil Oil Corp
Grant Deed
related
—
Dec 16, 2010
—
East River Petroleum Rlty LLC
—
Deed Of Trust
related
$34,364,714 · Ch Realty V&dag Bridge LLC
Dec 10, 2010
$3,800,000
East Riv Petroleum Realty LLC
Exxonmobil Oil Corp
Grant Deed
—
—
—
East Riv Petroleum Realty LLC
—
Deed Of Trust
related
$2,689,515 · Manufacturers & Traders Trust
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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