Financial
Distress signals
Property profile

28-09 39Th Ave Long Island City, NY 11101

FOR SALE
Retail residential properties
Property ID
US63-3289993
16,128 SF 0.11 ac lot Built 2020
Last sale Mar 2024 · $656,284
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a storefront unit located at 28-09 39th Avenue, #C, in Long Island City, NY 11101. It is classified as a storefront asset and configured for commercial occupancy or potential ownership use. The unit is situated within walking distance of multiple subway lines, including the N, W, F, and 7 trains, as well as local bus service.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$167k
Tax billed · 2024
Assessed value$1.43M
Assessed land$224k
Assessed improvement$1.21M
Effective rate11.65%

Value estimate

· Sep 2026
$655k
$590k – $721k
AI approach$655k
Sales comparison$787k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$377/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$113 – $644
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M12R5D
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home12.4
Acupuncture10.8
Assisted Living Facility10.8

Location

28-09 39Th Ave Long Island City, NY 11101
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4021 27th, Long Island City, NY 11101-3814 $1,374,637 Feb 2026 21,829 SF
1152 44th, Long Island City, NY 11101-5108 $845,000 Dec 2025 13,185 SF
3449 Steinway, Long Island City, NY 11101 $16,600,000 Dec 2024 25,475 SF
4250 21st, Long Island City, NY 11101-4907 $825,000 Feb 2024 12,650 SF
2512 37th, Long Island City, NY 11101-2123 $14,120,000 Feb 2023 10,181 SF
3204 38th, Long Island City, NY 11101-2217 $11,244,000 Jul 2022 22,549 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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