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Property profile & analytics
OFF-MARKET
Medical Office Space
4565 162nd St, Flushing, NY 11358-3157
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-2998181
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1986
Total area
5,000 SF
Lot
0.08 ac (3,500 SF)
Zoning code
R5B
APN
05441-0008
UPID
US63-2998181
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
by Request
Owner & transaction history
162 St Flushing LLC · 11 yrs held
162 St Flushing LLC
since 2015
7 recorded transactions
Zoning & alternative use
R5B · 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
—
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
$29,066
Tax year 2024
Assessed value
$293,850
Assessed 2024
Previous assessed
$275,130
+6.8% YoY
Effective rate
9.89%
On assessed value
Assessed land
$66,150
Assessed improvement
$227,700
Land market value
$147,000
Improvement market value
$506,000
Total market value
$653,000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
5,000 SF
Lot
0.08 ac (3,500 SF)
Zoning code
R5B
APN
05441-0008
UPID
US63-2998181
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5B · Flushing, NY
Zoning R5B · permitted uses
R5B · 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
1986
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
162 St Flushing LLC
Entity
Mailing address
550 GRANDVIEW TER, LEONIA, NJ 07605-1007
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2021
—
162 St Flushing LLC
—
Deed
related
$203,367 · Bank Of Hope
Oct 11, 2016
—
162 St Flushing LLC
—
Deed
related
$400,000 · New Millennium Bank
Mar 30, 2015
$3,950,000
162 St Flushing LLC
The Antioch Missionary Church INC
Deed
$2,960,000 · New Millenium Bank
Nov 13, 2008
—
Missionary Church Antioch
Antioch Missionary Church INC
Quit Claim Deed
$3,460,000 · Woori America Bank
—
—
Antioch Missionary Church INC
—
Deed Of Trust
related
$1,300,000 · Nara Bank
—
—
162 St Flushing LLC
—
Loan Modification
related
$2,960,000 · New Millennium Bk
—
—
Missionary Church Antioch
—
Deed Of Trust
related
$2,760,000 · Woori America Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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