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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail residential properties
7046 67th Pl Ridgewood, NY 11385
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US63-5624697
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1931
Total area
4,750 SF
Lot
0.05 ac (2,375 SF)
Zoning code
R5B
APN
03652-0032
UPID
US63-5624697
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$940k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
67-11/21 Central Avenue LLC · 17 yrs held
67-11/21 Central Avenue LLC
since 2008
6 recorded transactions
Zoning & alternative use
R5B · Ridgewood, 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 Ridgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgewood 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%
$1,020,000
6.5%
$940,000
7%
$875,000
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$159 / 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
$21,020
Tax year 2024
Assessed value
$198,450
Assessed 2024
Previous assessed
$217,980
-9.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$54,000
Assessed improvement
$144,450
Land market value
$120,000
Improvement market value
$321,000
Total market value
$441,000
Applied tax rate
4.0000
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
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
7
Total area
4,750 SF
Lot
0.05 ac (2,375 SF)
Zoning code
R5B
APN
03652-0032
UPID
US63-5624697
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5B · Ridgewood, NY
Zoning R5B · permitted uses
R5B · Ridgewood, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
2
Buildings
1
Units
7
Lot
0.05 ac
Current owner
From public records · entity-resolved
67-11/21 Central Avenue LLC
Entity
Mailing address
6264 82ND ST, MIDDLE VILLAGE, NY 11379-1427
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2008
$767,000
67-11/21 Central Avenue LLC
Magnificent Realty LLC
Grant Deed
$497,500 · Melrose Cu
Dec 11, 2007
—
Magnificent Realty LLC
—
Trustees Deed
related
$230,000 · Metropolitan Mortgage Co
Nov 7, 2007
$695,000
Magnificent Realty LLC
Frank Kotnik
Deed
$450,000 · Maspeth Fsla
—
—
67-11/21 Central Avenue LLC
—
Deed Of Trust
related
$24,820 · Melrose Cu
—
—
67-11/21 Central Avenue LLC
—
Deed Of Trust
related
$490,000 · Melrose Cu
—
—
67-11/21 Central Avenue LLC
—
Deed Of Trust
related
$525,000 · Maspeth Fed'l S&l
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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