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Financial
Distress signals
Property profile

70-42 48Th Ave Woodside, NY 11377

FOR SALE
Other warehouses
Property ID
US63-3480663
6,079 SF 0.09 ac lot Built 1990
Last sale Jan 2005 · $770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Woodside, this flex property totals 6,079 SF and includes a 5,120 SF reinforced-concrete warehouse area with 959 SF of office space. The building was constructed in 1990 and has an E1 fire rating. Interior ceiling heights vary from approximately 11 to 20 feet, and the facility is served by two separate entrances to support flexible operations. The building is configured to accommodate combined warehouse/storage and office use, with dual-corner exposure and access to major highways…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$287k
Assessed land$40k
Assessed improvement$247k
Effective rate9.64%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$350k
NOI build-up
Gross scheduled income$306k
Vacancy & credit loss−$40k
Operating expenses−$67k
NOI · 8.41% cap applied$200k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$515/SF
Submarket average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$305 – $838
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.41%
$200k 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?
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 agency70.5
Gym & Fitness34.6
Law Firm32.6

Location

70-42 48Th Ave Woodside, NY 11377
County assessor Recorded deeds · 5 transfers 6 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
7220 48th, Flushing, NY 11377-6013 $2,395,000 Nov 2024 4,600 SF
6210 34th, Flushing, NY 11377-2229 $4,000,000 May 2023 7,380 SF
3719 58th, Flushing, NY 11377-2408 $2,550,000 Jul 2022 4,900 SF
5122 58th, Flushing, NY 11377-7412 $4,600,000 Jun 2022 8,668 SF
6005 37th, Flushing, NY 11377-2550 $3,450,000 May 2022 6,800 SF
3963 63rd, Flushing, NY 11377-3648 $1,600,000 Mar 2022 4,966 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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