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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Office buildings
5723 141st St, Flushing, NY 11355-5318
Entity Owned
~
Est. High Equity
Property ID
US63-2063276
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1940
Total area
1,879 SF
Lot
0.09 ac (3,750 SF)
Zoning code
R3X
APN
06402-0003
UPID
US63-2063276
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
-
Lin Terry Y Employment Agency
-
Muscular Skeletal Arthritus Medical Clinic
-
Dr. Madhu K. Sinha, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$1.09M
Owner & transaction history
Jin Tian LLC
Jin Tian LLC
since 2025
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
R3X · 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%
$1,100,000
6.5%
$1,015,000
7%
$945,000
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10% · vs last sale $1.27M (May 13 2025)
Last sale anchor
$1.27M
May 13 2025
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
$580 / 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
$21,172
Tax year 2024
Assessed value
$213,300
Assessed 2024
Previous assessed
$200,070
+6.6% YoY
Effective rate
9.93%
On assessed value
Assessed land
$49,950
Assessed improvement
$163,350
Land market value
$111,000
Improvement market value
$363,000
Total market value
$474,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1940
Heating
NONE
Buildings
1
Stories
3
Units
2
Total area
1,879 SF
Lot
0.09 ac (3,750 SF)
Zoning code
R3X
APN
06402-0003
UPID
US63-2063276
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3X · Flushing, NY
Zoning R3X · permitted uses
R3X · 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
1940
Heating
NONE
Stories
3
Buildings
1
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Jin Tian LLC
Entity
Mailing address
5723 141ST ST, FLUSHING, NY 11355-5318
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
$1,270,000
Jin Tian LLC
Sinha Realty, LLC
Deed
—
Oct 30, 2017
—
Sinha Realty LLC
Ajoy Sinha
Deed
$625,000 · Jp Morgan Chase Bk
Jun 23, 2016
—
Ajoy Sinha
—
Deed
related
$623,000 · Woodbridge Mortgage Investment Fund 3a L
Apr 25, 2005
—
Ajoy Sinha
Musculoskeletal & Arth Joint R
Grant Deed
related
$269,500 · Greenpoint Mortgage Funding
—
—
Vinayak Sinha
—
Deed Of Trust
related
$217,602 · Greenpoint Mortgage Funding
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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