Financial
Distress signals
Property profile

528 51st Ave Long Island City, NY 11101

OFF-MARKET
Other warehouses
Property ID
US63-0782179
3,800 SF 0.06 ac lot Built 1972
Last sale Feb 2026 · $2,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story commercial flex building with a total of 4,690 square feet of interior space distributed across two floors and a mezzanine. It is located in the Hunters Point area off Vernon Boulevard, within walking distance of the Vernon Blvd–Jackson Ave subway station (7 train) and Court Square (E, G, M, and 7). The building is situated in a zoning classification of M1-4/R6B, which permits a range of commercial flex uses including office, studio, townhouse, and light industrial

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?
$29k
Tax billed · 2024
Assessed value$294k
Assessed land$68k
Assessed improvement$226k
Effective rate9.94%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$182 – $409
Qualifying comparables5

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?
M14R6B
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency128.7
Dental Office97.0
Auto Repair Shop96.7

Location

528 51st Ave Long Island City, NY 11101-5816
County assessor Recorded deeds · 3 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4539 Davis, Long Island City, NY 11101-4305 $21,806,930 Jan 2026 5,000 SF
3420 Borden, Long Island City, NY 11101-2504 $1,660,000 Nov 2025 3,974 SF
4017 24th, Long Island City, NY 11101-3911 $1,880,000 Aug 2025 2,500 SF
2812 41st, Long Island City, NY 11101-3706 $7,100,000 Jul 2025 5,000 SF
3858 11th, Long Island City, NY 11101-6114 $1,800,000 Sep 2024 4,220 SF
4528 Vernon, Long Island City, NY 11101-5203 $47,000,000 May 2024 5,500 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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