Financial
Distress signals
Property profile

4518 Ct Sq Long Island City, NY 11101

OFF-MARKET
Office buildings
Property ID
US63-5668278
213,103 SF 0.85 ac lot Built 1920
Last sale Aug 2007 · $33,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

45-18 Court Square is a Class A life science-oriented commercial building in Long Island City, Queens, configured to provide up to 266,791 square feet across six contiguous floors. The building is designed with newly replaced or upgraded critical life science and core building systems, including HVAC, electrical, and plumbing, as well as elevators, bathrooms, and a new lobby. The interior features amenities such as a grab-and-go café, flexible collaboration and meeting spaces, and indoor bike

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

What does the county charge?
Assessed value · 2024$18.91M
Assessed land$1.97M
Assessed improvement$16.94M

Value estimate

· Sep 2026
$305k
$275k – $336k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$230/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$163 – $358
Qualifying comparables3

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?
M15R73
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 Home9.0
Butcher8.8
Pet Grooming Service7.8

Location

4518 Ct Sq Long Island City, NY 11101-2955
County assessor Recorded deeds · 14 transfers 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4802 30th, Long Island City, NY 11101 $34,500,000 Jan 2026 141,436 SF
3702 Northern, Long Island City, NY 11101 $42,750,000 Jun 2025 318,000 SF
4716 Austell, Long Island City, NY 11101-4425 $11,000,000 Oct 2024 51,200 SF
3102 47th, Long Island City, NY 11101 $1,300,000 Jul 2023 573,224 SF
2310 43rd, Long Island City, NY 11101-4616 $50,000,000 Apr 2023 97,650 SF
2927 Queens N, Long Island City, NY 11101 $173,539,705 Dec 2018 49,276 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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