Financial
Distress signals
Property profile

5863 56th St Flushing, NY 11378

OFF-MARKET
Retail residential properties
Property ID
US63-3591365
3,200 SF 0.05 ac lot Built 1963
Last sale Jul 2006 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$19k
Tax billed · 2024
Assessed value$191k
Assessed land$28k
Assessed improvement$163k
Effective rate10.05%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$363/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$244 – $475
Qualifying comparables5

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 agency145.4
Law Firm105.8
Dental Office93.3

Location

5863 56th St Flushing, NY 11378-3105
County assessor Recorded deeds · 1 transfer 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5910 57th, Flushing, NY 11378-2704 $1,250,000 Nov 2025 2,962 SF
5611 56th, Flushing, NY 11378 $15,000,000 Nov 2024 108,120 SF
6003 Eliot, Flushing, NY 11378-3545 $3,650,000 Oct 2023 5,940 SF
6907 Grand, Flushing, NY 11378-1812 $1,700,000 Aug 2023 3,770 SF
6642 Grand, Flushing, NY 11378 $1,650,000 Mar 2022 3,570 SF
7111 Grand, Flushing, NY 11378-1822 $740,000 Dec 2021 2,960 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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