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Property profile & analytics
OFF-MARKET
Estimated value
$7,970,000
Hospitals
5645 Main St, Flushing, NY 11355-5045
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1296477
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1957
Total area
577,654 SF
Lot
5.38 ac (234,353 SF)
Zoning code
R6
APN
05165-0001
UPID
US63-1296477
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
-
We Dennison P Physician
-
Center For Cardiac Surgery Hospital
-
Dr. Chaim Charytan, MD Physician Medical Clinic
-
Dr. Michael A. Coomaraswamy, MD Physician
-
Dr. Elan M. Goldwyn Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.97M
Owner & transaction history
Newyork-presbyterian Of Queens · 5 yrs held
Newyork-presbyterian Of Queens
since 2021
7 recorded transactions
Zoning & alternative use
R6 · 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
$14 / 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
Assessed value
$54,519,300
Assessed 2024
Previous assessed
$53,419,950
+2.1% YoY
Assessed land
$3,374,550
Assessed improvement
$51,144,750
Land market value
$7,499,000
Improvement market value
$113,655,000
Total market value
$121,154,000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1957
Heating
NONE
Buildings
3
Stories
8
Units
1
Total area
577,654 SF
Lot
5.38 ac (234,353 SF)
Zoning code
R6
APN
05165-0001
UPID
US63-1296477
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Flushing, NY
Zoning R6 · permitted uses
R6 · 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
1957
Heating
NONE
Stories
8
Buildings
3
Units
1
Lot
5.38 ac
Current owner
From public records · entity-resolved
Newyork-presbyterian Of Queens
Individual
Mailing address
5645 MAIN ST, FLUSHING, NY 11355-5045
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Newyork-presbyterian Of Queens
—
Deed
related
$20,655,777 · New York & Presbyterian Hosp
Dec 28, 2016
—
Newyork-presbyterian Of Queens
—
Deed
related
$124,868,815 · Private Individual
—
—
Newyork-presbyterian Of Queens
—
Loan Modification
related
$175,000,000 · Miscellaneous Govt Agcy
—
—
Newyork-presbyterian Of Queens
—
Loan Modification
related
$60,804,200 · Prudential Huntoon Paige Assoc
—
—
New York Hosp Medical Center Of Q
—
Deed Of Trust
related
$175,000,000 · Miscellaneous Govt Agcy
—
—
Newyork-presbyterian Of Queens
—
Deed Of Trust
related
$124,868,815 · Private Individual
—
—
Newyork-presbyterian Of Queens
—
Deed Of Trust
related
$20,655,777 · New York & Presbyterian Hosp
—
—
New York Hosp Medical Center Of Q
—
Deed Of Trust
related
$46,383,214 · Prudential Huntoon Paige Assoc
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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