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Property profile & analytics
OFF-MARKET
Estimated value
$6,120,000
Office buildings
5847 Francis Lewis Blvd, Oakland Gardens, NY 11364-1698
Entity Owned
~
Est. High Equity
Property ID
US63-3105485
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Total area
21,000 SF
Lot
0.27 ac (11,586 SF)
Zoning code
R3-2
APN
07451-0029
UPID
US63-3105485
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
-
Mittleman Myles MD Physician
-
Siva Kenneth R DDS Dental Office
-
Cohen Warren DMD Dental Office
-
Rogers Elaine DDS Dental Office
-
Hannah Choi, LMHC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.12M
Owner & transaction history
58-47 Francis Lewis Blvd LLC
58-47 Francis Lewis Blvd LLC
since 2025
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
R3-2 · Oakland Gardens, 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 Oakland Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Gardens 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
$291 / 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
$153,764
Tax year 2024
Assessed value
$1,451,700
Assessed 2024
Previous assessed
$1,347,750
+7.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$505,800
Assessed improvement
$945,900
Land market value
$1,124,000
Improvement market value
$2,102,000
Total market value
$3,226,000
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
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1974
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
21,000 SF
Lot
0.27 ac (11,586 SF)
Zoning code
R3-2
APN
07451-0029
UPID
US63-3105485
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-2 · Oakland Gardens, NY
Zoning R3-2 · permitted uses
R3-2 · Oakland Gardens, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
58-47 Francis Lewis Blvd LLC
Entity
Mailing address
5847 FRANCIS LEWIS BLVD STE #206, FLUSHING, NY 11364-1601
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
$5,700,000
58-47 Francis Lewis Blvd LLC
Cfm Fran Lew LLC
Deed
—
May 15, 2020
—
Cfm Fran Lew LLC
5 Ps LLC
Deed
$1,827,498 · Td Bank, N.a.
May 29, 2019
$6,000,000
Cfm Fran Lew LLC
Carlran Associates LLC
Grant Deed
$3,425,000 · Maspeth Fed'l S&l
—
—
Washington Mutual Bk
—
Deed Of Trust
related
$1,500,000 · Carlran Associates LLC
—
—
Carlran Associates
—
Deed Of Trust
related
$867,921 · Lewis Richard (te)
—
—
Carlran Associates LLC
—
Loan Modification, Consolidation And Extension
related
$1,500,000 · New York Cmnty Bk
—
—
Carlran Associates LLC
—
Loan Modification
related
$1,356,774 · Jp Morgan Chase Bk
—
—
Carlran Associates LLC
—
Deed Of Trust
related
$632,078 · Washington Mutual Fsb
—
—
Cfm Fran Lew LLC
—
Loan Modification
related
$4,200,000 · Td Bk NA
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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