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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Specialty properties
5732 Myrtle Ave, Flushing, NY 11385-4940
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1223946
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1931
Total area
3,700 SF
Lot
0.04 ac (1,719 SF)
Zoning code
C4-3A
APN
03573-0015
UPID
US63-1223946
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
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.46M
Owner & transaction history
57-32 Myrtle Ave Nyc LLC · 4 yrs held
57-32 Myrtle Ave Nyc LLC
since 2021
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
C4-3A · 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
$1,700,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.37M (Jul 19 2021)
Last sale anchor
$1.37M
Jul 19 2021
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
$393 / 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
$43,492
Tax year 2024
Assessed value
$448,650
Assessed 2024
Previous assessed
$404,880
+10.8% YoY
Effective rate
9.69%
On assessed value
Assessed land
$43,650
Assessed improvement
$405,000
Land market value
$97,000
Improvement market value
$900,000
Total market value
$997,000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
3,700 SF
Lot
0.04 ac (1,719 SF)
Zoning code
C4-3A
APN
03573-0015
UPID
US63-1223946
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-3A · Flushing, NY
Zoning C4-3A · permitted uses
C4-3A · 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
1931
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
57-32 Myrtle Ave Nyc LLC
Entity
Mailing address
5732 MYRTLE AVE, FLUSHING, NY 11385-4940
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
$1,370,000
57-32 Myrtle Ave Nyc LLC
5732 Rw LLC
Deed
$1,000,000 · Valley National Bank
May 27, 2015
$2,400,000
5732 Rw LLC
57-32 Myrtle Ave Corp
Deed
$628,430 · New York Community Bank
—
—
5732 Rw LLC
—
Loan Modification, Consolidation And Extension
related
$1,500,000 · New York Cmnty Bk
—
—
57-32 Myrtle Ave Corp
—
Deed Of Trust
related
$705,101 · Doral 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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