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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Investment properties
6702 60th St Flushing, NY 11385-4598
Entity Owned
~
Est. High Equity
Property ID
US63-1217309
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
4,400 SF
Lot
0.04 ac (1,800 SF)
Zoning code
R5B
APN
03503-0031
UPID
US63-1217309
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
-
DoorDash Dasher Center, New York City Business Service Center Corporate Office
-
Yoodanja's Taekwondo High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.20M
Owner & transaction history
6702 Ridgewood LLC
6702 Ridgewood LLC
since 2026
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
R5B · 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 Flushing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flushing 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%
$945,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,585,000
Current use
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.34M (Feb 9 2026)
Last sale anchor
$1.34M
Feb 9 2026
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
$273 / 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
$10,359
Tax year 2024
Assessed value
$74,280
Assessed 2024
Previous assessed
$49,289
+50.7% YoY
Effective rate
13.95%
On assessed value
Assessed land
$14,220
Assessed improvement
$60,060
Land market value
$237,000
Improvement market value
$1,001,000
Total market value
$1,238,000
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
4,400 SF
Lot
0.04 ac (1,800 SF)
Zoning code
R5B
APN
03503-0031
UPID
US63-1217309
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5B · Flushing, NY
Zoning R5B · permitted uses
R5B · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
6702 Ridgewood LLC
Entity
Mailing address
164 20TH ST STE 3A, BROOKLYN, NY 11232-1151
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
$1,339,325
6702 Ridgewood LLC
6702 60 LLC
Deed
$100,000 · Elite Equity Holdings, LLC
Feb 9, 2017
—
6702 60 LLC
—
Deed
related
$500,000 · Td Bank, N A
Sep 21, 2015
$1,025,000
6702 60 LLC
Borkowski,marek & Malgorzata
Grant Deed
$653,430 · Private Individual
Feb 11, 2011
$620,000
Marek Borkowski
Dalessandro,vito J & Domenica
Grant Deed
$250,000 · Vito J & Domenica D'alessandro
—
—
6702 60 LLC
—
Loan Modification, Consolidation And Extension
related
$850,000 · Olinville Ent LLC
—
—
6702 60 LLC
—
Loan Modification, Consolidation And Extension
related
$1,350,000 · Td Bk NA
—
—
Domenica Dalessandro
—
Deed Of Trust
related
$66,000 · Daniel V Burke
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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