5321 MetropolitanFlushing, NY 11385

  • Mixed-use properties
  • 9,200 SF
Off market
$641,421 Estimated

Property Details for 5321 Metropolitan

Year built
1931
Lot size
0.29 AC
Property size (Sq ft)
9,200 SF
Zone code
R6B
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
02634-0050
APU
26340050

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,886,083
    6.5%
    $1,741,000
    7%
    $1,616,643
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,863,212
    Geo Method
    $1,863,212
  • Alternative Use

    Use
    Valuation
    Residential
    $1,741,000
    Hospitality
    $1,594,746
    Educational
    $1,326,810
    Medical
    $1,372,441
    Retail
    $2,063,927
5321 Metropolitan, Flushing, New York

Location Insight

City
Flushing
County
Queens
State
New York
Latitude
40.7136
Longitude
-73.912
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $303,300
  • Assessed land value
    $226,800
  • Assessed value
    $530,100
  • Tax year
    2024
  • Tax bill
    $51,372

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