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Property profile

61-07 Utopia Pkwy Queens, NY 11365

FOR SALE
Retail residential properties
Property ID
US63-5852814
3,200 SF 0.05 ac lot Built 2006
Last sale Oct 2014 · $1,590,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story mixed-use commercial building with a basement is located at the intersection of Utopia Parkway and Horace Harding Expressway, with convenient access to the Long Island Expressway. The structure was constructed in 2008 and is organized as a 20-by-80-foot building footprint over two floors plus a basement. The property is situated approximately two blocks from Francis Lewis High School and within walking distance of the Fresh Meadows Shopping Center, which includes Kohl’s and AMC. It…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$32k
Tax billed · 2024
Assessed value$351k
Assessed land$90k
Assessed improvement$261k
Effective rate9.11%

Value estimate

· Oct 2026
$340k
$306k – $374k
Submarket $/SF estimate$1.21M
NOI build-up
Gross scheduled income$115k
Vacancy & credit loss−$16k
Operating expenses−$37k
NOI · 2.35% cap applied$62k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$450/SF
Submarket average, outlier-cleaned · 1035 recorded sales of this use type
Observed band · Q1–Q3$295 – $646
Qualifying comparables14

Cap rate analysis

How does the asset earn?
2.35%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R3-2
This district is designed to supports low density residential development, allowing various housing types except zero lot line buildings,...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon29.8
Parking Facility21.7
Clothing Store19.8

Location

61-07 Utopia Pkwy Queens, NY 11365
County assessor Recorded deeds · 2 transfers 14 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
7206 Parsons, Flushing, NY 11365-4102 $1,550,000 Mar 2025 2,300 SF
6112 182nd, Flushing, NY 11365-2154 $1,350,000 Nov 2020 5,951 SF
18301 Horace Harding, Fresh Meadows, NY 11365 $1,283,042 Mar 2020 3,500 SF
16109 72nd, Flushing, NY 11365-4121 $1,240,000 Nov 2019 7,093 SF
6502 Fresh Mdw, Flushing, NY 11365-2037 $1,950,000 Dec 2018 4,959 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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