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Property profile & analytics
OFF-MARKET
Estimated value
$8,420,000
Warehouses
4805 Metropolitan Ave Ste 2 Flushing, NY 11385-1007
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1141183
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Total area
126,235 SF
Zoning code
M3-1
APN
02611-1002
UPID
US63-1141183
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
$9.77M
Blend (final)
Blend
$8.42M
Owner & transaction history
Sp Hhf Sub Ridgewood, LLC · 3 yrs held
Sp Hhf Sub Ridgewood, LLC
since 2022
7 recorded transactions
Zoning & alternative use
M3-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.42M
Range $7.58M – $9.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$67 / 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
$66,730
Tax year 2024
Assessed value
$6,657,300
Assessed 2024
Previous assessed
$6,203,430
+7.3% YoY
Effective rate
1.00%
On assessed value
Assessed land
$630,000
Assessed improvement
$6,027,300
Land market value
$1,400,000
Improvement market value
$13,394,000
Total market value
$14,794,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
126,235 SF
Zoning code
M3-1
APN
02611-1002
UPID
US63-1141183
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Flushing, NY
Zoning M3-1 · permitted uses
M3-1 · 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
2009
Heating
NONE
Stories
2
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Sp Hhf Sub Ridgewood, LLC
Entity
Mailing address
3050 PEACHTREE RD NW STE #300, ATLANTA, GA 30305-2296
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
—
Sp Hhf Sub Ridgewood, LLC
Sp Hhf Sub B LLC
Deed
$10,182,428 · Jpmorgan Chase, N.a.
Feb 14, 2013
—
Acadia Storage Co LLC
—
Grant Deed
related
$103,100,000 · Bank Of America
Jan 25, 2013
$23,912,133
Sp Hhf Sub B LLC
Acadia Storage Post Portfolio
Grant Deed
—
Nov 21, 2012
—
Acadia Storage Co LLC
—
Grant Deed
related
$103,100,000 · Bank Of America
Jun 9, 2011
—
Acadia Storage Post Portfolio
Acadia Storage Post Metropolit
Quit Claim Deed
—
Mar 10, 2008
$10,653,251
Acadia Storage Post Metropolit
American Storage Props North L
Grant Deed
—
Jan 19, 2006
—
Metropolitan 48th Holding LLC
4805 Metropolitan Realty LLC
Quit Claim Deed
—
Jan 19, 2006
$5,300,000
American Storage Props North
4805 Metropolitan Realty LLC
Grant Deed
—
—
—
Acadia Storage Co LLC
—
Deed Of Trust
related
$71,552 · Bank Of America
—
—
Acadia Storage Post Portfolio
—
Deed Of Trust
related
$6,831,464 · General Electric Capital Corp
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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