Financial
Distress signals
Property profile

2503 40th Ave Long Island City, NY 11101

OFF-MARKET
Investment properties
Property ID
US63-6265680
3,680 SF 0.02 ac lot Built 1930
Last sale Dec 2019 · $1,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$32k
Tax billed · 2024
Assessed value$343k
Assessed land$54k
Assessed improvement$289k
Effective rate9.19%

Value estimate

· Sep 2026
$285k
$257k – $314k
CAP approach$730k

Realmo valuation models over county records and 11 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 comparables11

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 Home9.6
Assisted Living Facility8.3
Adult Day Care Center7.5

Location

2503 40th Ave Long Island City, NY 11101-3943
County assessor Recorded deeds · 1 transfer 11 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
1211 Jackson, Long Island City, NY 11101-5501 $1,978,000 Jun 2024 3,900 SF
3557 38th, Long Island City, NY 11101-1411 $1,200,000 Mar 2024 3,900 SF
4320 34th, Long Island City, NY 11101-1112 $1,700,000 Feb 2024 3,720 SF
4304 34th, Long Island City, NY 11101-1178 $2,375,000 Nov 2022 4,188 SF
1011 49th, Long Island City, NY 11101-6272 $2,435,000 May 2022 3,289 SF
3723 11th, Long Island City, NY 11101-6042 $1,265,000 Oct 2019 3,384 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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