Financial
Distress signals
Property profile

5861 56th St Flushing, NY 11378

OFF-MARKET
Manufacturing properties
Property ID
US63-3961042
3,773 SF 0.05 ac lot Built 2022
Last sale Jan 2018 · $405,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$120k
Assessed land$47k
Assessed improvement$73k
Effective rate10.59%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$325k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$400/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$208 – $455
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency146.2
Law Firm105.8
Dental Office93.3

Location

5861 56th St Flushing, NY 11378-3105
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5890 56th, Flushing, NY 11378-2350 $3,300,000 May 2025 4,080 SF
5872 56th, Flushing, NY 11378-3106 $1,190,000 Dec 2024 3,000 SF
5752 58th, Flushing, NY 11378-2226 $2,350,000 Feb 2024 3,619 SF
5870 57th, Flushing, NY 11378-2720 $2,262,500 Sep 2023 2,920 SF
5718 59th, Flushing, NY 11378-2708 $2,150,000 Oct 2022 5,076 SF
6415 Grand, Flushing, NY 11378-2421 $1,650,000 Sep 2021 4,450 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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