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Property profile & analytics
FOR LEASE
Retail residential properties
62-60 99Th St Rego Park, NY 11374
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-5795592
For Lease
1 / 2
$38 SF/Yr
62-60 99Th St, Rego Park, NY 11374
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1960
Total area
503,000 SF
Lot
1.93 ac (83,940 SF)
Zoning code
R7-1
APN
02086-0040
UPID
US63-5795592
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
-
Emergency Dentist Rego Park Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$46.50M
Blend (final)
Blend
$44.65M
Owner & transaction history
Dchscu Acquisition Holdings, LLC · 1 yrs held
Dchscu Acquisition Holdings, LLC
since 2024
7 recorded transactions
Zoning & alternative use
R7-1 · 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 Rego Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rego Park 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$44.65M
Range $40.18M – $49.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / 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
$2,402,034
Tax year 2024
Assessed value
$20,755,800
Assessed 2024
Previous assessed
$19,034,736
+9.0% YoY
Effective rate
11.57%
On assessed value
Assessed land
$3,965,850
Assessed improvement
$16,789,950
Land market value
$8,813,000
Improvement market value
$37,311,000
Total market value
$46,124,000
Applied tax rate
2.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
For Lease
Year built
1960
Heating
NONE
Buildings
1
Stories
16
Units
422
Total area
503,000 SF
Lot
1.93 ac (83,940 SF)
Zoning code
R7-1
APN
02086-0040
UPID
US63-5795592
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-1 · Flushing, NY
Zoning R7-1 · permitted uses
R7-1 · 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
1960
Heating
NONE
Stories
16
Buildings
1
Units
422
Lot
1.93 ac
Current owner
From public records · entity-resolved
Dchscu Acquisition Holdings, LLC
Entity
Mailing address
520 MADISON AVE #35, NEW YORK, NY 10022-4213
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
—
Dchscu Acquisition Holdings, LLC
Rcg Tower Group I, LLC
Deed
—
Sep 3, 2024
$773,498
Dchscu Acquisition Holdings, LLC
Rcg Tower Group I, LLC
Deed
—
Feb 10, 2020
—
62-60 99th Street Owner II LLC
—
Deed
related
$17,300,000 · Signature Bank
Jan 14, 2019
—
62-60 99th Street Owner II LLC
—
Loan Modification
related
$87,700,000 · Bsprt Cre Finance LLC
Aug 5, 2016
—
Fbe Saxon Investment LLC
Shh Owner LLC
Grant Deed
$70,500,000 · Deutsche Bk Ag/ny Branch
Aug 5, 2016
$135,500,000
62-60 99th Street Owner II LLC
Fbe Saxon Investment LLC
Deed
$8,570,221 · Deutsche Bank Ag New York Branch
Aug 5, 2013
$85,250,000
Shh Owner LLC
Saxon Hall Owner LLC
Grant Deed
$8,274,960 · New York Community Bank
Jun 5, 2008
$74,000,000
Saxon Hall Owner LLC
Kelmar Co LLC
Grant Deed
$28,000,000 · New York Community Bank
—
—
62-60 99th Street Owner II LLC
—
Deed Of Trust
related
$2,370,879 · Bsprt Cre Finance LLC
—
—
Kelmar Co LLC
—
Deed Of Trust
related
$2,400,000 · North Fork Bank
—
—
62-60 99th Street Owner II LLC
—
Loan Modification, Consolidation And Extension
related
$70,500,000 · Deutsche Bk Ag/ny Branch
—
—
62-60 99th Street Owner II LLC
—
Loan Modification
related
$105,000 · Signature Bk
—
—
Shh Owner LLC
—
Loan Modification
related
$63,750,000 · New York Community Bank
—
—
Kelmar Co LLC
—
Deed Of Trust
related
$350,000 · North Fork Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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