5432 MyrtleFlushing, NY 11385

  • Mixed-use properties
  • 37,360 SF
Off market
$2,627,213 Estimated

Property Details for 5432 Myrtle

Year built
1930
Lot size
0.43 AC
Property size (Sq ft)
37,360 SF
Zone code
C4-3
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
03544-0027
APU
35440027

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,659,138
    6.5%
    $7,069,974
    7%
    $6,564,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,566,260
    Geo Method
    $7,566,260
  • Alternative Use

    Use
    Valuation
    Residential
    $7,069,974
    Hospitality
    $6,476,058
    Educational
    $5,388,004
    Medical
    $5,573,306
    Retail
    $8,381,340
5432 Myrtle, Flushing, New York

Location Insight

City
Flushing
County
Queens
State
New York
Latitude
40.6996
Longitude
-73.909
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,640,250
  • Assessed land value
    $531,000
  • Assessed value
    $2,171,250
  • Tax year
    2024
  • Tax bill
    $221,995

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