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Financial
Distress signals
Property profile

7010 74Th St Middle Village, NY 11385

FOR SALE
Other warehouses
Property ID
US63-2903514
57,310 SF 0.92 ac lot Built 1957
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 60,000-square-foot industrial building in Middle Village, Queens, configured for a combination of warehouse and manufacturing use. It includes 25,000 square feet of ground-floor warehouse space and 24,000 square feet of second-floor warehouse/manufacturing space. The building also provides 11,000 square feet of ground-floor interior parking. Loading and material handling are supported by four interior loading dock positions and a combination freight/passenger elevator. The site is located approximately half a mile from the Q29 and Q67 bus lines.

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

What does the county charge?
Assessed value · 2024$1.75M
Assessed land$450k
Assessed improvement$1.30M

Value estimate

· Oct 2026
$6.68M
$6.01M – $7.34M
CAP approach$6.74M
NOI build-up
Gross scheduled income$569k
Vacancy & credit loss−$30k
Operating expenses−$81k
NOI · 2.62% cap applied$458k

Realmo valuation models over county records and 8 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 comparables8

Cap rate analysis

How does the asset earn?
2.62%
$458k 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 agency44.3
Law Firm39.7
Parking Facility25.2

Location

7010 74Th St Middle Village, NY 11385
County assessor Recorded deeds · not on file 8 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

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6986 75th, Flushing, NY 11379 $1,480,000 Dec 2023 5,000 SF
6758 73rd, Flushing, NY 11379 $1,150,000 Feb 2021 877 SF
6752 73rd, Flushing, NY 11379 $1,150,000 Feb 2021 1,000 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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