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Property profile & analytics
OFF-MARKET
Retail space
584 Seneca Ave Flushing, NY 11385-2160
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2527736
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
950 SF
Lot
0.05 ac (2,250 SF)
Zoning code
R6B
APN
03440-0026
UPID
US63-2527736
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
Seneca Plaza LLC · 7 yrs held
Seneca Plaza LLC
since 2018
7 recorded transactions
Zoning & alternative use
R6B · 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
$6,835
Tax year 2024
Assessed value
$70,200
Assessed 2024
Previous assessed
$63,810
+10.0% YoY
Effective rate
9.74%
On assessed value
Assessed land
$18,900
Assessed improvement
$51,300
Land market value
$42,000
Improvement market value
$114,000
Total market value
$156,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
950 SF
Lot
0.05 ac (2,250 SF)
Zoning code
R6B
APN
03440-0026
UPID
US63-2527736
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6B · Flushing, NY
Zoning R6B · permitted uses
R6B · 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
1
Buildings
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Seneca Plaza LLC
Entity
Mailing address
145 SAINT NICHOLAS AVE, BROOKLYN, NY 11237-4439
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2018
—
Seneca Plaza LLC
Montalbano,craig
Grant Deed
$2,200,000 · Investors Bk
Jun 6, 2013
$20,000
Craig Montalbano
Montalbano,craig
Grant Deed
—
Oct 4, 2012
$310,000
Craig Montalbano
Ariyoeli Properties Ltd
Grant Deed
$325,000 · Salvatore D Mendolia
Aug 9, 2012
$260,000
Ariyoeli Properties Ltd
Bayview Ln Svcg LLC
Grant Deed
—
May 9, 2012
$1,000
Bayview Ln Svcg LLC
Referee Of Queens County
Trustees Deed
—
Jan 7, 2008
$650,000
Valcor Enterprises INC
Manzano,delfina
Grant Deed
$519,750 · Nexus Financial
Oct 8, 2004
—
Delfina Manzano
—
Trustees Deed
related
$70,000 · David A Cantor
—
—
Craig Montalbano
—
Deed Of Trust
related
$300,000 · Salvatore D Mendolia
—
—
Delfina Manzano
—
Deed Of Trust
related
$12,500 · David A Cantor
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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