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Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Investment properties

4512 104th St Flushing, NY 11368-2835

4,938 SF 0.06 ac lot Built 1930
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US63-6124637
Property summary
AI-generated overview

This exceptional 7,000 square foot mixed-use property in Corona, NY, presents a lucrative investment opportunity. Situated on a 0.06-acre lot at 4512 104th Street, this building offers a unique blend of commercial and residential space, ideal for generating diverse income streams. The ground floor boasts approximately 2,000 square feet of commercial space, perfect for a variety of businesses. Its 17-foot high ceilings provide ample space and a sense of grandeur, while the high foot traffic and excellent visibility ensure maximum exposure for any tenant. A full 2,000 square foot basement and a 500 square foot backyard add significant potential for storage, expansion, or outdoor use. The upper floors provide substantial residential space, with the second and third floors each featuring three bedrooms and three full bathrooms. The second floor also includes a large balcony, offering residents additional outdoor living space. This property is priced at $3,850,000 and represents a rare chance to acquire a versatile and high-potential investment in a thriving Queens neighborhood. The combination of commercial and residential units offers a strong foundation for long-term growth and profitability. Don't miss this chance to secure a prime piece of Corona real estate.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 4,938 SF
Lot 0.06 ac (2,500 SF)
Zoning code R6B
APN 01980-0033
UPID US63-6124637
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
  • S S Precision Co Production Facility Security Service
  • Pellegrino Precision Automatic Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.07M
Owner & transaction history
Forever Star LLC · 3 yrs held
Forever Star LLC
since 2022
Last sale
$1.2M
2 recorded transactions
2022
$1.2M
2004
$399,000
Zoning & alternative use
R6B · Flushing, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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