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    Property profile & analytics

    4514 251st St Flushing, NY 11362-1339

    • Office buildings
    • 5,591 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US63-1931786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Little Neck Massage Therapy / Massage Therapist
    • KOH Architecture Pllc / Architect
    • 9 Dragons Construction Corporation / General Contractor

    Property Details for 4514 251st St

    Year built
    1989
    Lot size
    0.08 lot acres
    Property size
    5,591 SF
    Zone code
    R3-1
    Property type
    Office buildings
    APN
    08226-0029
    APU
    82260029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $250,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $240,000
      Mixed-Use
      $305,000
      Hospitality
      $265,000
      Educational
      $275,000
      Residential Income
      $310,000
      Energy
      $295,000
      Income-Based Land
      $270,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.7368
    Latitude
    40.7684
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,980
    $125,550
    $148,050
    $273,600
    -
    $279,000
    $329,000
    $608,000

    Comparable in this City

    • Value Estimation
      $480,000
      1,427 SF

      5221 Little Nck Pkwy

      PROFESSIONAL BUILDING • 1,427 SF
      5221 Little Nck Pkwy, Flushing, NY 11362-1836
      View Details
    • Value Estimation
      $365,000
      4,246 SF

      25131 Northern Blvd

      OFFICE BUILDING (MULTI-STORY) • 4,246 SF
      25131 Northern Blvd, Flushing, NY 11362-1354
      View Details
    • Value Estimation by Request
      1,350 SF

      6110 Marathon Pkwy

      PROFESSIONAL BUILDING • 1,350 SF
      6110 Marathon Pkwy, Flushing, NY 11362-2043
      View Details
    • Value Estimation by Request
      16,918 SF

      4517 Marathon Pkwy

      OFFICE BUILDING (MULTI-STORY) • 16,918 SF
      4517 Marathon Pkwy, Flushing, NY 11362-1253
      View Details
    • Value Estimation by Request
      22,116 SF

      24102 Northern Blvd

      OFFICE BUILDING (MULTI-STORY) • 22,116 SF
      24102 Northern Blvd, Flushing, NY 11362-1055
      View Details
    • Value Estimation by Request
      954 SF

      24730 Northern Blvd

      OFFICE BUILDING (MULTI-STORY) • 954 SF
      24730 Northern Blvd, Flushing, NY 11362-1149
      View Details

    Similar Nearby for Sale

    • $2,800,000

      Mixed-Use Building For Sale

      Two-story mixed-use building with basement, suitable for investment or owner-use.
      46-21 Little Neck Pkwy, Flushing, NY 11362
      View Details
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      Pending

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      New two-family house with garage in prime Little Neck location.
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      Queens Multifamily Property for Sale

      Multifamily property available in Queens, New York.
      61-15 251St St, Flushing, NY 11362
      View Details
    • $225,000

      Established Restaurant in Queens

      Turnkey restaurant with loyal customer base, over 60 seats.
      253-17 Northern Blvd, Queens, NY 11362
      View Details
    • $2,690,000

      Mixed-Use Building with Parking

      Commercial and residential building with parking in rear.
      255-13 Northern Blvd, Queens, NY 11362
      View Details
    • $225,000

      Deepdale Gardens Corner Unit Co-op

      One-bedroom co-op with updated kitchen and included utilities.
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    Similar Nearby for Lease

    • $1,280 /Mo

      High-Traffic Area Office Space

      Office space in high-traffic area, close to transportation.
      251-11 Northern Blvd, Queens, NY 11362
      View Details
    • $2,000 /Mo

      Professional Suite in Little Neck

      Versatile space ideal for medical or professional office use.
      54-40 Little Neck Pkwy, Little Neck, NY 11362
      View Details
    • Contact for pricing
      4,890 SF

      Retail Space in Little Neck

      Retail space with high visibility on Long Island Expressway.
      25421 Nassau Blvd, Flushing, NY 11362
      View Details
    • $3,500 /Mo

      Little Neck Apartment with Yard

      First-floor apartment in Little Neck with fenced yard.
      5840 254Th St, Flushing, NY 11362
      View Details
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    4514 251st St
    Flushing, NY 11362-1339
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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