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Property profile & analytics
OFF-MARKET
Retail space
901 Cross Bay Blvd, Broad Channel, NY 11693-1125
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0828111
Property summary
AI-generated overview
901 Cross Bay Boulevard in Queens, NY, presents a unique single-tenant opportunity in a prime location (zip code 11693). This exceptional space, currently configured as an office, boasts exquisite millwork and fixtures, creating a sophisticated and inviting atmosphere. High vaulted ceilings and strategically placed skylights flood the interior with abundant natural light, enhancing the overall ambiance. The property's versatile design allows for seamless adaptation to various uses, making it ideal for a boutique office, a flagship retail establishment, or a vibrant new restaurant. Minimal renovations are needed
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Total area
2,518 SF
Lot
0.06 ac (2,518 SF)
Zoning code
R3A
APN
15314-0007
UPID
US63-0828111
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
by Request
Owner & transaction history
Charles W Howard · 26 yrs held
Charles W Howard
since 2000
2 recorded transactions
Zoning & alternative use
R3A · Broad Channel, 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 Broad Channel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broad Channel 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
—
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
$13,089
Tax year 2024
Assessed value
$126,900
Assessed 2024
Previous assessed
$123,300
+2.9% YoY
Effective rate
10.31%
On assessed value
Assessed land
$15,300
Assessed improvement
$111,600
Land market value
$34,000
Improvement market value
$248,000
Total market value
$282,000
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
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,518 SF
Lot
0.06 ac (2,518 SF)
Zoning code
R3A
APN
15314-0007
UPID
US63-0828111
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3A · Broad Channel, NY
Zoning R3A · permitted uses
R3A · Broad Channel, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broad Channel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Charles W Howard
Individual
Free & Clear · 26 yrs held
Mailing address
304 CROSS BAY BLVD, BROAD CHANNEL, NY 11693-1026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2000
$120,000
Charles W Howard
Bestafka,edward
Grant Deed
—
—
—
Wharton Realty LLC
—
Deed Of Trust
related
$575,000 · Kyu J & Chung S Park
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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