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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Specialty properties
7401 Eliot Ave, Flushing, NY 11379
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2541281
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2010
Total area
3,850 SF
Lot
0.4 ac (17,311 SF)
Zoning code
R4
APN
02844-0046
UPID
US63-2541281
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
74-01 Owner LLC · 7 yrs held
74-01 Owner LLC
since 2018
6 recorded transactions
Zoning & alternative use
R4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$269 / 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
$181,228
Tax year 2024
Assessed value
$1,794,600
Assessed 2024
Previous assessed
$1,722,070
+4.2% YoY
Effective rate
10.10%
On assessed value
Assessed land
$584,100
Assessed improvement
$1,210,500
Land market value
$1,298,000
Improvement market value
$2,690,000
Total market value
$3,988,000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2010
Heating
NONE
Stories
1
Units
1
Total area
3,850 SF
Lot
0.4 ac (17,311 SF)
Zoning code
R4
APN
02844-0046
UPID
US63-2541281
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Flushing, NY
Zoning R4 · permitted uses
R4 · 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
2010
Heating
NONE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
74-01 Owner LLC
Entity
Mailing address
530 E 76TH ST APT 20G, NEW YORK, NY 10021-3159
Ownership since
2018
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 7, 2018
—
74-01 Owner LLC
74-01 Eliot Ave LLC
Quit Claim Deed
$39,068,750 · Citi R/e Fndg INC
Mar 27, 2009
$1,100,000
74-01 Eliot Ave LLC
Aronoff Family
Grant Deed
$2,600,000 · Commercial Capital Funding, LP
—
—
74-01 Eliot Ave LLC
—
Deed Of Trust
related
$700,000 · Investors Savings Bank Fsb
—
—
74-01 Eliot Ave LLC
—
Deed Of Trust
related
$7,000,000 · Sdf3 Merrick LLC
—
—
245-02 Owner LLC
—
Loan Modification
related
$39,068,750 · Citi R/e Fndg INC
—
—
74-01 Eliot Ave LLC
—
Deed Of Trust
related
$3,300,000 · Investors Savings Bank Fsb
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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